Price on Taiwanese offshore wind more than halved
A Canadian utility walked away the winner in Taiwan's first price competition, which slashed almost two-thirds of the price relative to just two months ago. A handful of developers have gone home empty handed.
Taiwan's offshore wind industry seems to have emerged out of nowhere. With a little over 5.5 GW in awarded capacity and a clear target for 2025, the Taiwanese government seems to have rolled out a complete market and supply chain in record time.
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