Iberdrola has continued its expansion in the Asia-Pacific region with the announcement of three new offshore wind development projects in Taiwan, with potential capacity of approximately 6 gigawatts. The projects are named Da-Chung Bu Offshore Wind, Guo-Feng Offshore Wind and Ju-Dao Offshore Wind and will be located in the county waters of Taichung, Changhua and Penghu on the west coast of Taiwan. Water depths are appropriate for both fixed bottom and floating offshore wind technology. With a total of approximately 6 GW, the projects provide a long-term pipeline for Iberdrola to establish itself in Taiwan and commit to a sustained operation in country.Taiwan has a target to install an additional 9 GW of offshore wind by 2031, and 15 GW by 2035, and the government is currently in the process of finalising its next set of policy measures. Iberdrola's three development projects are primed for entry into the forthcoming 'Zonal Development' auction rounds.The potential for floating offshore wind offers significant opportunity for continued growth beyond the existing and planned fixed-bottom projects. Iberdrola is planning to evaluate both fixed and floating opportunities within the country.Iberdrola will now develop these projects continuing its track-record of community engagement and establishing relationships with local workforces and supply chain to ensure a sustainable and long-term collaboration. The company will establish a project office in Taipei.
Iberdrola has continued its expansion in the Asia-Pacific region with the announcement of three new offshore wind development projects in Taiwan, with potential capacity of approximately 6 gigawatts. The projects are named Da-Chung Bu Offshore Wind, Guo-Feng Offshore Wind and Ju-Dao Offshore Wind and will be located in the county waters of Taichung, Changhua and Penghu on the west coast of Taiwan. Water depths are appropriate for both fixed bottom and floating offshore wind technology. With a total of approximately 6 GW, the projects provide a long-term pipeline for Iberdrola to establish itself in Taiwan and commit to a sustained operation in country.Taiwan has a target to install an additional 9 GW of offshore wind by 2031, and 15 GW by 2035, and the government is currently in the process of finalising its next set of policy measures. Iberdrola's three development projects are primed for entry into the forthcoming 'Zonal Development' auction rounds.The potential for floating offshore wind offers significant opportunity for continued growth beyond the existing and planned fixed-bottom projects. Iberdrola is planning to evaluate both fixed and floating opportunities within the country.Iberdrola will now develop these projects continuing its track-record of community engagement and establishing relationships with local workforces and supply chain to ensure a sustainable and long-term collaboration. The company will establish a project office in Taipei.
