Taiwan’s Offshore Wind Ambitions Face Inflation Challenges

Regulators are revisiting the bidding process after substantial losses forced a local firm to delist

By June, Taiwan had installed 500 offshore wind turbines, delivering 4.8 gigawatts of generating capacity. (Photo by Nikkei)

In Tokyo, Taiwan’s offshore wind farm push is encountering setbacks as rising construction costs driven by inflation push companies away, leading authorities to consider reforms to maintain investment.

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