Industry insiders are sounding the alarm that Taiwan’s Round 3. 1 projects could be “headed for a hard landing. ” The 6 projects that came out of auctions at the end of 2022 for construction in 2026/2027 have yet to sign their administrative contracts. With the deadline for signing looming at June 30th, a number of developers are not yet ready to sign. Any further delays to the administrative contract deadline, which has already been extended, would impact the planned Round 3. 2 auctions (for construction 2028/2029). Speculation has been rife over which of the 6 developers awarded projects would be willing to sign the administrative contracts, with industry insiders estimating only about half the developers would be in a position to ink the contract. Speaking to Taiwan Offshore Wind Unredacted, a developer who declined to be identified said they have been unable to find Corporate Power Purchase Agreement (CPPA) contracts in the NT$5-5. 5/kWh (€150-170/MWh) range that they need to finan...
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This is what's been going on in the Taiwan market
FID for Ørsted Greater Changhua 2b +4 offshore wind farm
Here comes some good news at last for th...
France’s TotalEnergies has emerged as the mystery buyer who scooped up the stake of Japan’s JERA in the Formosa 3 project. Corio Generation will continue to be the majority shareholder.
Taiwan’s offshore wind industry says goodbye to Vice Premier Shen Jong-chin, both a dogged defender of the nascent industry and a heavy-handed proponent of localization. Who will replace “the strongest grandpa on the face of the planet?”
Developers eyeing Taiwan’s upcoming floating market will be going into the year of the Rabbit with an extra spring in their step....
Industry insiders are sounding the alarm that Taiwan’s Round 3. 1 projects could be “headed for a hard landing....
The Taiwanese Ministry of Economic Affairs (MOEA) finally released the long-awaited administrative contract for Round 3 of offshore development....
Unredacted. biz would like to thank the German Offshore-wind Initiative (GOI) for sponsoring in part my trip to WindEnergy Hamburg 2022. There, I had ...
With this year's auctions in the rearview mirror and the construction season just about over (except for the most masochistic crews), it's time for us...
“Some projects are just unlucky”
That’s what a fellow developer said of the 640MW Yunlin offshore wind farm, originally developed by Germany’s wpd a...
“If these newly-announced changes to the administrative contract stand, none of our projects are going to be bankable....
Construction season 2021 was my first as a reporter in offshore wind. I started working for ReNews and the stories came hard and fast…most of it bad n...
Taiwan’s Round 3 First Period auctions are just around the corner, with project proposals due at the end of September 2022....