Wind Energy
Ørsted has proposed a new Offshore Wind Farm in Taiwan.
[Read more…] about Ørsted proposes OWF Dadu II in TaiwanHai Long Project completed a NT$55 Billion Incremental Financing
Finance
The Hai Long Offshore Wind Project has completed a NT$55 billion incremental financing package, structured within the existing project financing framework.
[Read more…] about Hai Long Project completed a NT$55 Billion Incremental FinancingConstruction milestones at Fengmiao I Offshore Wind Farm
Taiwan
CIP Taiwan announced that Fengmiao I Offshore Wind Farm has reached several major construction milestones!
[Read more…] about Construction milestones at Fengmiao I Offshore Wind FarmShinfox 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.
MPM subsidiary to charter out two vessels to Siemens Gamesa
Taiwan
PKR Offshore, a subsidiary of Marco Polo Marine (MPM), has signed a framework agreement to lease out two commissioning service operation vessels (CSOVs) to offshore wind turbine manufacturer Siemens Gamesa Renewable Energy.
[Read more…] about MPM subsidiary to charter out two vessels to Siemens GamesaMarco Polo Marine bags long-term Siemens Gamesa CSOV deal
CSOVs
Singapore-based company Marco Polo Marine has signed a multi-year framework agreement with Siemens Gamesa Renewable Energy for the deployment of two commissioning service operation vessels (CSOVs) in the Asia-Pacific region.
[Read more…] about Marco Polo Marine bags long-term Siemens Gamesa CSOV dealTaiwan’s offshore wind capacity ranks 5th globally
Wind Energy
Taiwan ranked fifth globally in installed offshore wind capacity in 2025 and third in new capacity additions, the Energy Administration said Sunday.
[Read more…] about Taiwan’s offshore wind capacity ranks 5th globallyNew CEO for Fengmiao II Project
Wind Energy
CIP Taiwan announces that Mark Wainwright, CEO of the Fengmiao I Offshore Wind Project, has officially assumed the additional role of CEO for the Fengmiao II Offshore Wind Project.
[Read more…] about New CEO for Fengmiao II ProjectDFO launches SOV booked by Vestas
Wind Energy – Newbuilding
Dong Fang Offshore (DFO) has launched its new service operation vessel (SOV), the Orient Inspirer.
[Read more…] about DFO launches SOV booked by VestasNorthland enters into 30-year CPPA with TSMC for Hai Long OWF
Wind Energy – Taiwan
Northland Power has signed a 30-year corporate power purchase agreement (CPPA) with Taiwan Semiconductor Manufacturing Company (TSMC), securing additional electricity supply from Northland’s 1.02 GW Hai Long offshore wind project in Taiwan.
[Read more…] about Northland enters into 30-year CPPA with TSMC for Hai Long OWF