Japan's top utility JERA has agreed to buy Belgium-based offshore wind energy producer Parkwind for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonization goals.JERA, a joint venture between Tokyo Electric…
All 47 offshore wind turbine generators have been installed at the Formosa 2 offshore wind project the 376MW Formosa 2 offshore wind project off the coast of Miaoli in western Taiwan.The last wind turbine was successfully installed on January 31…
Japan's biggest power generator JERA plans to sell its stake in a yet-to-be-built offshore wind project in Taiwan, Nikkei reported late on Friday, on concerns about high construction costs and low profitability.JERA plans to sell its 44% stake…
TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore wind farms in Taiwan. Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project.The announcement…
Floating wind developer BlueFloat Energy has selected K2 Management as owner's engineer for the development of its first offshore floating wind project in Taiwan ahead of the upcoming round three market auction.With a planned capacity of 1 GW…
Danish offshore wind developer Ørsted has decided not to submit a bid in the first auction of the Round 3 Zonal Development Phase in Taiwan, citing limitations of regulations, high inflation, and growing interest rates.Per Mejnert Kristensen…
Formosa 2 offshore wind project in Taiwan saw the final jacket foundation installed on August 26, with the subsea cable works reaching installation completion on September 1.The project, which will comprise 47 offshore wind turbines, has so far installed 27 wind turbines…
The Formosa 2 offshore wind project in Taiwan has reached two important construction milestones: the installation of 12 turbines and the successful transmission of power to the national grid.Once fully completed, the project will have 47 8 MW…
Global offshore wind developer Ørsted inaugurated the Ørsted Taiwan Offshore Wind Farms Operations and Maintenance (O&M) Hub. Located at the Port of Taichung, the O&M hub is the first operations facility with green design and the largest in…
Italian energy services firm Saipem on Friday said it had reached important milestones in offshore wind, in relation to the Saint Brieuc project in France, and the Formosa 2 project in Taiwan.In France, Saipem said it has successfully completed…
Seaway 7, a fixed-bottom offshore wind installation affiliate of Subsea 7, on Monday revised its adjusted EBITDA guidance for the full year 2022, citing issues with offshore wind projects in the Netherlands and Taiwan.The company said its revenue…
Greater Changhua 1 & 2a offshore wind farm, Taiwan's largest, has delivered first power, Ørsted, the developer of the wind farm said Thursday.Located 35-60 kilometers off Taiwan’s west coast, Greater Changhua 1 & 2a has a total capacity of 900 MW…
Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…
Danish offshore wind farm developer Ørsted has completed the sale of 50% stake in the 605 MW Greater Changhua 1 offshore wind farm in Taiwan.The agreement to sell half of its stake in the wind farm project to global investment group Caisse de…
Offshore wind turbine maker Siemens Gamesa Renewable Energy has officially inaugurated its new offshore facility in Taichung, Taiwan, the company’s first offshore nacelle assembly facility outside of Europe. The facility will now be starting regular operations…