Analysis of Asia Pacific Offshore Wind Market-Taiwan
Taiwan has set a target of sourcing 20% of electricity initially from renewables by 2025, but the pandemic delayed the progress of wind farms. Benefit from policy, offshore wind industrial chain in Taiwan will have a bigger bargaining chip in stage 3.
Floating wind turbines could be key offshore wind technology for the next decade
With nearshore wind becoming concentrated, floating wind turbines will emerge as an international trend.
Development of offshore wind in Taiwan: Formosa offshore wind farms
Taiwan, where the offshore wind market is booming, continues to draw foreign investment.
Analysis of Asia Pacific offshore wind market: South Korea
According to South Korea’s newly adopted Green New Deal agenda, the government will introduce a carbon tax, phase out overseas coal financing, and develop renewable energy, with a focus on solar and wind. In addition, the government has pledged to reach n
Analysis of Asia-Pacific offshore wind market: Vietnam
Fossil fuels hold the lion’s share of Vietnam’s energy mix. They account for around 52% of the nation’s installed energy generation capacity in 2020—a figure that is higher than the official target.