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Company cites preparatory work over the supply chain, including local content requirements, for delay over Taiwan’s 640MW wind project.
A lengthy approval process needs to be halved if the country is to meet its goal of installing 10GW of wind capacity by 2030, law firm White & Case says.
The Japanese trading house has partnered with SMBC and the Development Bank of Japan to raise a ¥30 billion fund that will invest in offshore wind investments abroad.
After an unexpected feed-in-tariff cut, investors and developers ponder whether they have overlooked political risks in a seemingly promising market.
An unexpected cut in government subsidies threw the island’s offshore wind market into disarray. Now, Taipei is trying to convince worried renewables investors to stay.
While the new FiT tariff at NT$5.516 per MW is still 5.7% lower than last year's, it represents a much more modest reduction than the 12.7% cut the government had in mind.
The government is in the process of identifying candidate sites with the first auctions expected in ‘early summer’.
The Taiwanese government is expected to announce a final decision on 2019 FiT by the end of next week.
A breakdown of trust across sectors between China and the West stands in the way of the country’s ambitious offshore wind plans.
The Taiwanese government has proposed a 12.7% cut in feed-in-tariffs for offshore wind PPAs in 2019.