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Taiwan launches 3.6GW offshore wind auction

Taiwan’s Ministry of Economic Affairs has launched its latest offshore wind auction, putting 3.6GW up for sale.

The Ministry stated that the application window will open on April 1 and run through September 30, with winners named by year-end.

Bidders will be scored on developer track record (35%), financial muscle (30%), and execution plan (35%). The Ministry added that local content will be looked at very favourably in execution scoring.

The total score must be above 70 points, and the developer with the best execution capability will be selected.

Grid connection is targeted for 2030-2031, with five extra years of power purchase offered to projects that are connected to the grid ahead of schedule.

Taiwan’s cumulative offshore wind power installed capacity has reached 4.5GW, comprising 482 wind turbines. The country is steadily expanding its offshore wind power market, and currently ranks fifth in the world. 

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