Ørsted escalates conflict in Taiwan

The Danish energy company is formally suspending work on its offshore wind projects in Taiwan, including partnerships with local suppliers. The country's government downplays the significance of this move.

Photo: Ørsted

Ørsted has suspended work on its two offshore wind projects, Changhua 1+2, in Taiwan. Local partners such as China Steel Corp, Century Iron & Steel and Star Energy have thereby received notice that contracts with the Danish energy company are now pending further development. Furthermore, the wind major is also reconsidering whether to renegotiate terms on other contracts not yet under execution.

Ørsted confirms this to local media Liberty Times, reports the latter's anglophone sister media Taipai Times.

Read the whole article

Get 14 days free access.
No credit card required.

  • 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

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs