Seeing how various sectors have been recently focusing on the differences in development and cost on offshore wind farms between Taiwan and overseas, and pointing out that the cost of establishing offshore wind power is much lower in overseas, the Taiwan Offshore Wind Industry Association (TOWIA) commented that each country deals with its respective challenges […]
2022 EV Sales Figures in Taiwan: BMW Outperforms Kia by Units Sold – EQ Mag
In 2022, the EV market continued to thrive. According to the annual figures of vehicle sales among EV makers, Tesla was the unquestionable leader and topped the list by a wide margin. What surprised the market was that the pricey BMW iX delivered a stronger sales performance than the much more economical Kia EV6. As […]
Taiwan awards 3 GW of offshore wind in latest tender – EQ Mag
Taiwan’s Ministry of Economic Affairs (MOEA) today announced it has awarded 3 GW of offshore wind capacity across seven projects ranging in size from 165 MW to 600 MW. The particular tender represents the first round of the island’s Zonal Development Phase 3 programme. The capacity allocated through it will be deployed off the coasts […]
Taiwan Proposes 12 Net-Zero Strategies, Aiming to Reduce 24% of Greenhouse Gas Emissions by 2030 – EQ Mag
In March 2022, the National Development Council (NDC) in Taiwan announced the “Pathway to Net-Zero Emissions by 2050” campaign, planning to spend NTD 900 billion (approx. USD 29.27 billion) before 2030 to achieve net zero emissions and propose 12 major strategies later this year. On December 28, the NDC disclosed its goal of greenhouse gas […]
Foxwell Power to build biggest energy storage system in Taiwan – EQ Mag Pro
Foxwell Power, an operator of a renewable energy trading platform, has signed with three banks for a syndicated loan of NT$1.75 billion (US$55.1 million) for funding construction of an energy storage system in Yilan County, northeastern Taiwan, according to the company. The energy storage system has installation capacity of 50MW, the largest among energy storage […]
Taiwan farmers find space for solar to meet renewable energy targets – EQ Mag Pro
The use of ‘distributed’ solar – panels on walls and rooftops – is increasingly popular in regions where land is at a premium While trying to decarbonise, governments around the world are trying to avoid conflict with farmers and prevent further agricultural and biodiversity loss At a row of greenhouses around 50km (30 miles) from […]
Global offshore wind developer enters round 3 market auction in Taiwan – EQ Mag Pro
Headquartered in Spain, BlueFloat Energy enters the Taiwan market with confidence and optimism in Taiwan’s determination to achieve energy transformation goals and Net-Zero emission targets by 2050. With a focus on floating technology and an existing global portfolio of both bottom-fixed and floating offshore wind projects amounting to over 22 GW, BlueFloat Energy aspires to […]
Lightsource bp Unlocks East Asia With 150mw Fishery Solar Project In Taiwan – EQ Mag Pro
Lightsource bp enters East Asia with 150MW fishery solar project in Taiwan, co-developed by local company Green Rock Energy The project is Lightsource bp’s first fishery venture and will support the local aquaculture industry while backing Lightsource bp’s target of 25GW of solar by 2025. Taipei/London: Lightsource bp, a global leader in the development and […]
BlackRock Real Assets refinances 186-MW solar portfolio in Taiwan – EQ Mag Pro
BlackRock Real Assets has obtained TWD 9.4 billion (USD 327.5m/EUR 300.4m) in debt to refinance a 186-MW portfolio of solar assets in Taiwan. The refinancing deal was announced on Wednesday by law firm Linklaters, which acted as legal advisor to the lending consortium. Under the transaction, BlackRock Real Assets has secured an 18-year green loan […]
Vena Energy Announces the Commercial Operation for Phase 1 Of the Yunlin Solar Project in Taiwan – EQ Mag Pro
Vena Energy, Asia-Pacific’s leading renewable energy company, announced today that the first phase of the “Yunlin” Solar Project has been successfully commissioned. Built on 300-hectares of reclaimed land off the coast of the Taixi Township in Southern Taiwan, the first phase of the Yunlin Solar Project has a capacity of 134 MW and features 340,000 […]