offshore wind

A two-year extension to the FiT framework and a direct PPA programme could lead to greater opportunities for the sector, according to Fitch, but grid access and bankability of projects remain a challenge.  

The debt investment marks AMP Capital's first in Taiwan and supports the construction of Formosa 2, a 376MW offshore wind project.

The developer, which the infra fund manager grew from scratch to more than 400MW, is building the world’s largest floating solar platform in Taiwan.

Macquarie’s GIG and EnBW will retain 31.25% and 25%, respectively, in what will become the world’s largest offshore wind farm.

Taiwan Life and TransGlobe Life have acquired a minority stake in the 600MW Changfang and Xidao offshore wind project, while the Danish fund manager will retain its majority stake through the construction phase.

The firm is part of a consortium of 20 international and local lenders that will provide project financing for the Macquarie Capital-backed Formosa II.

The transaction marks the energy company’s second investment in a Macquarie Capital-backed offshore wind project in Taiwan.

Britain's offshore wind industry has come of age at a startling rate and presents new market dynamics for the sector.

The firm’s newest European fund has bought a chemical parks supplier, while the group has also acquired two offshore wind farms.