Taiwan offshore wind projects face inflation headwinds
TOKYO -- Taiwan's push for offshore wind farms is starting to falter as rising construction costs from inflation push companies out, spurring authorities to consider changes to keep investment coming in.
Authorities rethink bidding process after heavy losses force local player to delist
Taiwan reached 500 installed offshore wind turbines in June, with 4.8 gigawatts of generating capacity. (Photo by Nikkei)
TOKYO -- Taiwan's push for offshore wind farms is starting to falter as rising construction costs from inflation push companies out, spurring authorities to consider changes to keep investment coming in.
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