Wind energy in Taiwan is growing rapidly, driven by offshore projects

Taiwan has become a key player in the offshore wind energy sector in Asia, rapidly developing its market and setting ambitious goals to meet its renewable energy targets. With a focus on offshore wind as a major energy source, Taiwan is working toward significant capacity expansion in the coming years to fulfil its long-term energy plans.

Installed capacity and growth

• Total offshore wind: As of 2023, Taiwan has installed 2.25 GW of offshore wind capacity.
• The country aims to increase its offshore wind capacity by 5.7 GW by 2025, with potential growth reaching 8 GW by 2027.
• The Taiwanese Government is committed to promoting offshore wind energy, with an investment estimated at US$20 billion to install over 700 turbines in the Taiwan Strait by 2025.

Government ambitions

• 2026 target: Taiwan’s renewable energy targets have been slightly delayed, but the government still plans to reach 20% renewable energy share by 2026, with offshore wind playing a central role.
• 2035 target: From 2026 to 2035, Taiwan plans to install 15 GW of offshore wind capacity, increasing its installed capacity by 1.5 GW annually.
• By meeting these targets, Taiwan aims to position itself as a leader in offshore wind in Asia and support its long-term energy transition.
• Government support: Taiwan’s government has provided substantial support for the growth of wind energy, including financial incentives, favourable regulatory frameworks, and a strong commitment to building the necessary infrastructure. Policies such as Feed-in Tariffs (FiTs) have been crucial in attracting investment and accelerating the development of offshore wind projects.

Current and upcoming projects

• Formosa 1 (128 MW) was Taiwan’s first offshore demonstration project, completed in 2019, followed by Formosa 2 (376 MW) in 2023.
• Greater Changhua 1 and 2a (900 MW), completed in 2024, is Taiwan’s largest offshore wind project to date.
• Changhua 2b & 4 (920 MW) and Great Changhua 3 (570 MW) are expected to be commissioned in 2025-2026.
• Other key projects include the Changfang and Xidao (600 MW) and Yunlin (640 MW), both of which are in the final stages of installation and set to be completed by the end of 2024 and 2025, respectively.
• Taiwan is focusing on both fixed-bottom and floating wind technologies to maximize offshore wind development in the region.

Recent developments

• Taiwan’s government has implemented new regulations for offshore wind development, including a third phase of projects from 2026 to 2035 that will add 15 GW of capacity.
• In line with global net-zero goals, Taiwan’s offshore wind sector is increasingly moving toward Corporate Power Purchase Agreements (CPPAs), where costs are shifted to corporate buyers, signalling a trend towards greater corporate involvement in renewable energy procurement.
• The country is also navigating challenges such as permitting processes, supply chain issues, and financing uncertainties, which could impact the pace of future developments.

Taiwan is rapidly advancing in its offshore wind energy development, with substantial projects already underway and ambitious targets for the near future. The government’s commitment to reaching 8 GW by 2027 and 15 GW by 2035 is supported by both local and international investment. As Taiwan continues to expand its offshore wind capacity, it is setting a strong example for other nations in Asia and positioning itself as a regional leader in renewable energy.

This information is updated in March 2025

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