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The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over Formosa 1 International Investment of Taiwan by DONG Energy, Australia’s Macquarie and Swancor Holding of Taiwan.
Taiwan’s government plans to phase out nuclear power plants and have an energy mix containing 50% natural gas, 30% coal and 20% renewable energy by 2025. The country’s energy plan, announced by Taiwan’s President Tsai Ing-wen, also involves improvement of the power distribution system.
International law firm, Berwin Leighton Paisner (BLP) has advised Macquarie Capital on the introduction of EnBW Energie Baden-Württenberg AG (EnBW) to its partnership with Swancor Renewable to jointly develop three offshore wind projects in Taiwan.
The Environmental Protection Administration (EPA) in Taiwan has approved the Environmental Impact Assessments (EIAs) of three offshore wind projects proposed to be built off Changhua County by Macquarie Capital and Swancor Renewable, according to local media.
London-headquartered law firm Linklaters has advised Denmark’s DONG Energy on its acquisition of a 35 per cent interest in the Taiwanese offshore wind project Formosa I from local developer Swancor Renewable.
Jan De Nul has signed a Memorandum of Understanding (MoU) with the Taiwan International Ports Corporation (TIPC) to establish a logistics hub at the Taichung Port for the Formosa 1 Phase 2 project.
Societe Generale has secured approval by the Financial Supervisory Commission, Republic of China (Taiwan), to issue green bonds in Taiwan.
The Thailand-based oil & gas company CUEL Limited has secured a contract with Jan De Nul for the fabrication and supply of 20 transition pieces for the Formosa 1 Phase 2 project in Taiwan, marking its first offshore wind contract.
Management, engineering and development consultancy Mott MacDonald is reviewing the design of the anchor bolt system on the second phase of the 128MW Formosa I offshore wind farm in north-west Taiwan.
EEW SPC and Jan de Nul have signed a contract for the production of 20 monopile foundations for the Formosa 1 Phase 2 offshore wind farm in Taiwan.
UK-based JDR Cable Systems has been selected by Jan De Nul Group to manufacture and supply inter-array, export and land cables for Taiwan’s Formosa 1 development.
Taiwan International Windpower Training Corporation (TIWTC) and Siemens Gamesa Renewable Energy have signed a Letter of Intent (LoI) to collaborate on establishing Global Wind Organization (GWO) training center in Taichung, Taiwan.
Formosa 1, Taiwan’s first offshore wind farm, has reached financial close.