Taiwan
Subsea contractor DeepOcean has recently completed the inter-array cable installation for the Taipower Changhua Phase II (TPC-II) offshore wind farm in Taiwan.
[Read more…] about Cable installation for Taipower Changhua OWFShinfox Energy delisted in Taiwan
Mismanagement
Once regarded as one of Taiwan’s most promising offshore wind developers, Shinfox Energy was delisted on 23 June after mounting losses from the Taipower Phase 2 offshore wind project caused its net worth to turn negative in the first quarter of 2026.
Losses tied to the project eventually exceeded USD 464 million, highlighting the financial risks associated with large-scale offshore wind developments. In interviews with former senior executives, RECCESSARY examined the company’s key financial decisions and explored what its experience reveals about the evolving challenges facing Taiwan’s offshore wind industry.
The collapse was the result of a combination of financial mismanagement, rising inflation and supply chain disruptions, prompting a re-evaluation of risk management in Taiwan’s offshore wind sector.
Taipower moves towards partnership model in OW development
Wind Energy – Taiwan
Taiwan Power is seeking to expand access to green energy by shifting its development strategy.
[Read more…] about Taipower moves towards partnership model in OW developmentSubstation stands at Taipower Offshore Wind Project Phase II
Wind Energy – Taiwan
The offshore substation for the Taipower Offshore Wind Project Phase II (TPC Phase II) has been installed at its designated location in Taiwan.
[Read more…] about Substation stands at Taipower Offshore Wind Project Phase IISFE installs first jacket at 300MW offshore wind farm
Wind Energy – Taiwan
Shinfox Far East Energy (SFE) has installed the first jacket foundation for a 300MW offshore wind farm in Taiwan.
[Read more…] about SFE installs first jacket at 300MW offshore wind farmNMDC secures $1B contract for subsea gas pipeline in Taiwan
General – Dredging
NMDC Energy, a UAE-based company formerly known as National Petroleum Construction Company, has won a $1.136 billion engineering, procurement, and construction (EPC) contract with Taipower.
[Read more…] about NMDC secures $1B contract for subsea gas pipeline in Taiwan