Taiwan will auction off 3GW of offshore wind capacity in an upcoming tender
Orsted drops out of Taiwanese offshore wind tender
Unfavourable regulation and inflationary pressure behind developer’s decision not to bid in upcoming 3GW tender
Danish renewables firm Orsted has announced it will not submit a bid for the first tender of Taiwan’s Round 3 zonal development phase, which aims to auction off 3GW for development in 2026-27. In addition to a ceiling price of TWD2.49/kWh (8¢/kWh), the tender also requires 60pc of key development items—such as vessels, cables, onshore electrical equipment and turbine components—to be locally sourced. Orsted is considered to have taken the lead in Taiwanese offshore wind development, having fully commissioned the country’s first utility-scale windfarm, Formosa 1, at the end of 2019. The developer delivered first power from its 900MW Greater Changhua 1 & 2a project in April this year, with
Also in this section
19 June 2025
Andean country has become a leading destination for voluntary carbon credit investment, but challenges remain
18 June 2025
Gas Processors Association Europe brings together leading specialists at annual event in Netherlands to analyse the challenges and opportunities presented by technology at heart of Europe’s decarbonisation strategy
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
