All Eyes on Taiwan

Wind Industry Profile of

After Taiwan’s President Tsai Ing-wen’s re-election on Saturday 11 January, we are more confident than ever that Taiwan will continue to be a leader in the energy transition, both in Asia and globally, says GWEC.

Three years ago, Taiwan started to transform its energy policies under a clear vision for a clean energy future from the DPP government which has powered the impressive offshore wind growth we have seen in the region and contributed to stronger energy security. With the continuation of the DPP government in office, along with their commitment to offshore wind as shown with the updated offshore target of an additional 10 GW between 2026-2036 announced in November 2019, it is clear that Taiwan will continue rapidly down the path of their clean energy future. If... ... More: Official Press Release GWEC

Keywords:

Taiwan, Asia, offshore, market, government, booming, growth, policy change, PPA, bbost, financing