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Taiwan Making Local Vessels Mandatory for Some Offshore Wind Farm Construction

4 April 2019

Two Taiwan government agencies are considering making the use of Republic of China ("ROC") flag vessels mandatory for certain offshore wind farm construction activities.  The Bureau of Energy ("BOE") in Taiwan's Ministry of Economic Affairs is expected to convene a meeting of developers, contractors and vessel operators later this month to solicit information on the vessel specifications required for OWF construction and the availability of qualified ROC flag vessels.  

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Case Study: ECAs to Lead the Way for Taiwanese Offshore

1 April 2019

Taiwan’s 8MW pilot offshore wind farm Formosa 1 Phase 1 was commissioned in 2017. Two years later, 5.5GW worth of offshore wind farms have been awarded to the world’s most experienced offshore wind developers, and the island’s first large-scale offshore wind farm reached financial close on June 8, 2018.

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Typhoons, Quakes to Shape Asia’s Offshore Wind Projects: BNEF Q&A

13 February 2019

Asia’s susceptibility to earthquakes and typhoons will dictate the design and timing of offshore wind projects in the region, according to Andreas Nauen, chief executive officer of the offshore business at Siemens Gamesa Renewable Energy SA.

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Taiwan seen sweetening wind power plan that soured investors

4 February 2019

[TOKYO] Taiwan's offshore wind drama looks set to come to a breezy end next week.Officials from the government and companies developing wind power projects are signalling that the island will likely amend a policy proposal made last year that threatened to slash revenues and sour investor interest.

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Northland picks advisors for 1GW Taiwan offshore wind – Inframation News

12 February 2018

Green Giraffe and Taiwan's Cathay United Bank (CUB) have been co-mandated as financial advisors for two Taiwan offshore wind projects with a combined capacity of IGW.The 532MW Hailong II and 513MW Hailong III offshore wind projects are being co-developed by Yushan Energy and Canada's Northland Power, which own 40% and 60% equity stakes in the projects respectively.

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