EnergyWatch

Ørsted after disappointment in Taiwan: We are putting things on hold

Neither Ørsted nor a series of other offshore wind developers have had success in landing a PPA in Taiwan, meaning 2018's high subsidy levels are no longer attainable. The Danish wind energy major is now reconsidering its projects in the country.

Photo: Ørsted

Ørsted and a number of other offshore wind energy developers failed to secure a power purchase agreement (PPA) in Taiwan with the state-owned Taipower prior to the deadline's expiry on Wednesday, confirms Ørsted in a stock exchange notice Wednesday afternoon.

The Danish energy company thereby lacks agreements for a number its coming offshore wind farms in Taiwan, despite the fact the deadline had been extended to Wednesday.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs