Taiwan has started the contract termination process for Shinfox Energy’s 700 MW Youde offshore wind project after the developer failed to complete payment of its outstanding performance bond.
Taiwan will include the canceled Hai Xia 1, Hai Xia 2, and Hai Ding 2 offshore wind projects in its next development phase, with expansion rules, penalties, and guarantees outlined for developers.
Taipower is reviewing a partnership-based offshore wind development model, moving away from sole ownership and turnkey contracting as it weighs co-investment with private-sector partners.
CDWE has completed 22 offshore wind jacket installations for the Taipower Offshore Wind Farm Phase 2 (TPC-II) project in the Taiwan Strait, supported by the heavy lift vessel Green Jade.
