Reported 8 months ago
CIP's regional head, Hsu Nai-wen, announced that the Formosa 1 offshore wind project, allotted 500MW in its 3-1 phase, has already completed half of its power purchase agreements, with prices exceeding the auction price by 5.5 NTD per kilowatt-hour. CIP calls on businesses with green energy needs to seize opportunities, urges local banks to provide financing, and asks the government to facilitate transactions to strengthen regional development and save the local supply chain from crises. The company's initiative aims to sustain Taiwan's energy transition and promote domestically-produced green energy.
Source: YAHOO