Taiwan

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Wood Mackenzie predicts 43GW of Asia offshore wind by 2027

ET Energy World: The Asia-Pacific region’s offshore wind power capacity would rise 20-fold to 43 Gigawatt (GW) through 2027, according to a recent report by global natural resources consultancy Wood Mackenzie. It said that China, leading in the race, is expected to see offshore wind capacity grow from 2 GW last year to 31 GW […]

October 25, 2018 Read More →

Ørsted taps Siemens Gamesa to supply turbines for big Taiwan offshore wind project

ReNews: Ørsted has chosen Siemens Gamesa as the preferred supplier for the first 900MW of the Greater Changhua offshore wind farms in Taiwan. Siemens Gamesa will deliver approximately 112 8.0-167 machines for the project, with offshore construction planned to start in 2021. Under the terms of the deal, the manufacturer has committed to setting up […]

October 22, 2018 Read More →

Taiwan premier agrees to cancel coal plant expansion

Focus Taiwan News Channel: Activists on Friday applauded the government’s decision to scrap plans to expand the coal-fired Shen’ao power plant, which had been met with heavy opposition from environmental groups since it was announced in March. Hung Shen-han (洪申翰), secretary-general of the Green Citizens’ Action Alliance, hailed the government’s decision as a step in […]

October 15, 2018 Read More →

Taiwan begins work on country’s largest solar station

Taiwan News: Taiwan’s largest solar power station was officially launched on July 17 in Changhua, with the 347 hectare site expected to have a total power capacity of 320 megawatts. The floating solar plant will be built on reclaimed land in Xianxi Township, Changhua County as part of a purpose-built renewable energy area. The solar […]

July 18, 2018 Read More →

Taiwan government moves to speed offshore wind projects

Taiwan News: The government is sparing no effort in advancing offshore wind farm development through such measures as streamlining approval processes, strengthening oversight of support infrastructure construction, and providing assistance with planning and building procedures, according to Premier Lai Ching-te Transition to renewables is central to achieving a nuclear-free homeland by 2025, Lai said. Wind […]

July 9, 2018 Read More →

Orsted, Northland Power win big in first Taiwan offshore wind auction

Recharge: Global pacesetter Orsted emerged as the big winner in Taiwan’s first offshore wind auction, winning 920 MW in a competitive process that awarded 1.66 GW and followed May’s allocation by the country of an initial 3.84 GW. Orsted said its winning price across the two projects in the Changhua region was TWD2,548/MWh, equivalent to […]

June 22, 2018 Read More →

European Companies Win Big in Taiwan Offshore Wind Auction

Reuters: Taiwan is becoming the next battleground for the world’s top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe. Taiwan announced results on Monday of its first major offshore wind farm auction that aims to add 3.8 gigawatts (GW) of capacity to its […]

April 30, 2018 Read More →
IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

Signs That Risk Perceptions May Be Shifting as Markets Evolve

Human nature is to juggle contradiction and remain hopeful in the face of adversity. But investors are supposed to be hard-eyed cynics. What, then, to make of financial professionals smart enough to pose shrewd questions about the impact of climate change on the coal industry but willing to settle for illogically incomplete answers? This is […]

October 20, 2017 Read More →

IEEFA Asia: More Evidence of Stark Change in Seaborne Thermal Coal Markets

A ‘JKT’ Triad—Japan, South Korea, and Taiwan—Sets a 21st Century Course for Clean Energy; Expect Further Transformation in the Next Year or Two

Word out today that Taiwan has attracted $60 billion in foreign capital commitments to renewable-energy projects adds to the fast-gathering momentum around the electricity sector transition taking deep root across Asia. An excerpt from the article posted this afternoon by Nikkei Asia Review: Global renewable energy companies are rushing to set up offshore wind farms […]

May 30, 2017 Read More →

Taiwan Moves to Drop Nuclear Energy in Favor of Renewables and Natural Gas

From Bloomberg New Energy Finance: Taiwan’s new government led by President Tsai Ing-wen pushed through legislation, in January 2017, to make the island state free of nuclear power. All nuclear generation is to stop by 2025, and will be replaced partly by renewable energy and partly by gas-fired plants. “We would like to move away […]

February 22, 2017 Read More →