Price of Taiwanese offshore wind could decline next year

Taiwanese media Economic Daily News says that the price on the country's offshore wind farms could decline.

Photo: Bel Air Aviation

A lower price for power produced by offshore wind could be a reality next year in Taiwan, where both Danish utility Ørsted and infrastructure fund Copenhagen Infrastructure Partners won projects over the year.

This is according to Taiwanese media Economic Daily News, based on information from unidentified sources at the Taiwanese Finance Ministry, reports Bloomberg News.

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