Iberdrola eyes offshore wind growth with 6 GW pipeline in Taiwan
Spanish energy company Iberdrola has unveiled three new offshore wind development projects in Taiwan with a combined potential capacity of around 6 GW.
The projects named Da-Chung Bu Offshore Wind, Guo-Feng Offshore Wind and Ju-Dao Offshore Wind will be located in the county waters of Taichung, Changhua, and Penghu on the west coast of Taiwan. Iberdrola said the area is appropriate for both fixed bottom and floating offshore wind technology.
Iberdrola has worked with local consultants to select the project areas. The company will now set up a project office in Taipei and work with the local workforce and supply chain to ensure a sustainable and long-term collaboration.
David Rowland, Iberdrola’s global offshore wind development director, said: “Taiwan’s ambition for significant growth in offshore wind means we have been monitoring the market closely for a number of years, and actively working to develop these new projects for over a year. It is a positive trend to see countries around the world are embracing the huge potential of offshore wind and looking to build quickly and at scale. It is good news for the climate crisis and for the economy.”
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 company said in a statement.
The entry into Taiwan reinforces Iberdrola’s diversification strategy. Including Taiwan, Ireland, Japan, Sweden and Poland, Iberdrola’s offshore wind pipeline exceeds 20 GW.
