Foreign Offshore Wind Withdrawal Wave: Energy Administration Says Installation Goals Unaffected

Amid concerns over foreign offshore wind developers exiting the market, the Ministry of Economic Affairs' Energy Administration stated today that the offshore wind industry is capital-intensive and involves complex financing issues. The government respects global investment strategy adjustments made by developers in response to changing investment environments and business models. The Administration pointed out that these decisions belong to individual operators' investment planning and do not affect offshore wind installation goals; maritime spaces vacated by exiting operators will be released in subsequent selection periods. To provide a friendly environment, the government has established transparent legal mechanisms, increased national financing guarantees from 60% to 80%, and encouraged state-owned banks to participate in financing. According to statistics, as of April 22, Taiwan has completed the installation of 490 wind turbines with a capacity of 4.6GW and a cumulative investment of approximately NT$800 billion. The government remains committed to energy security, industrial development, and net-zero transformation goals.