Taipei Times: HSBC arranges its first green trade loan in Taiwan

HSBC Bank (Taiwan) Ltd (匯豐台灣商銀) yesterday announced that a NT$29 million (US$1 million) green trade loan has been arranged for Taylor Hopkinson Ltd’s Taiwan branch. The banking facility is to assist Taylor Hopkinson with its financing needs as it finds quality renewable energy talent for offshore wind farm projects. Harnessing wind power has become a […]

UK broke renewable energy generation record in 2019, latest BEIS figures show

The Department for Business, Energy and Industrial Strategy (BEIS) has published its latest annual energy statistics, revealing that a record 37.1% of the electricity generated in the UK in 2019 was renewable. Published today (30 July), the Digest of UK Energy Statistics (DUKES) serves as the Government’s energy “bible”, documenting figures on energy production, consumption, […]

Coal – Free First For Electricity In Great Britain

Coronavirus slump and sunniest spring on record send green energy soaring in England, Wales and Scotland. Great Britain’s electricity system recorded its “greenest” ever month in May after running without coal-fired electricity for a full calendar month. The National Grid, the energy system operator, said the country’s sunniest spring on record helped generate enough solar power […]

Eiger’s Map and Guide to Taiwan’s Offshore Wind Farm Projects

Taiwan has launched a plan to develop offshore wind farms in the Taiwan Strait.  The government’s goals are quite aggressive – 500 MW to be commissioned in 2020, an additional 5 GW to be commissioned in 2021-2025, and more to follow in 2026-2030.  As a result, events are unfolding rapidly. New policy details and updates […]

Taiwan Considers Making Local Vessels Mandatory For Some Offshore Wind Farm Construction

Two Taiwan government agencies are considering making the use of Republic of China (“ROC”) flag vessels mandatory for certain offshore wind farm construction activities. The Bureau of Energy (“BOE”) in Taiwan’s Ministry of Economic Affairs is expected to convene a meeting of developers, contractors and vessel operators later this month to solicit information on the […]

Developments on Taiwan’s Wind-energy FIT

Taiwan’s Bureau of Energy has reconsidered its preliminary decision to cut the 2018 offshore wind feed-in tariff by almost 13%, deciding instead to drop it only by 5.71%, to TWD 5.5160 per kWh. The Bureau has also restored the two-tier tariff option, and has increased the number of hours per year for which the feed-in […]