Flotation Energy and CSBC ink floating wind agreement

A Memorandum of Understanding (MoU) has been signed between CSBC - Taiwan’s largest ship builder - and Flotation Energy - a British floating wind developer - who are looking to collaborate on floating wind development in Taiwan. The MoU signing was witnessed by YU Cheng-Wei, Director General of Bureau of Energy and John Dennis, British Representative in Taiwan.

It was revealed at the 16th UK-Taiwan Renewable Energy Roundtable Meeting, co-hosted by the British Office and Bureau of Energy of the Ministry of Economic Affairs, which took placed in Taipei earlier today. More than 200 industry practitioners joined this online meeting with more than 16 companies sharing best practice in offshore wind farm Operations and Maintenance (O&M), smart grid and floating offshore wind technology.

TSENG Wen-Sheng, Deputy Minister at the Ministry of Economic Affairs, remarked: "This Roundtable Meeting has acted as an important platform for regular dialogue and cooperation on renewable energy between Taiwan and the UK. To achieve our target of 20% renewable energy generation by 2025, Taiwan has been working on accelerating its offshore wind farm development. In line with the global RE100 initiative, more and more Taiwanese enterprises have committed to the RE100 goal, and thus domestic demand for clean energy is increasing. The Ministry of Economic Affairs will continue to promote the expansion of renewable energy related plans in order to supply domestic green power demand."


John Dennis, British Office Representative, said: "The British Office has a long history of working with Taiwan in offshore wind. As Taiwan embarks on its energy transition, we are excited to see how this relationship develops. The industry is evolving, with new technology on the horizon. In the years ahead, we will strengthen our relationship with Taiwan by sharing these technologies and methods, helping ensure Taiwan remains at the apex of Asia’s offshore wind development."


Huub den Rooijen, Managing Director (Marine) of the Crown Estate as the UK Chair of the 16th UK-Taiwan Renewable Energy Roundtable Meeting, also commented: "Great wind resources and strong government leadership have catapulted Taiwan to the premier league of offshore wind developers. Similar to the UK, continuous dialogue between industry and stakeholders is critical to create favourable investment conditions, and we are pleased to share our experiences with Taiwan."


Taiwan Chair, YU Cheng-Wei, Director General of Bureau of Energy, also said: "I am glad to have continued to organise this Roundtable Meeting for the sixteenth time with the UK, and I am also delighted to witness the MOU signing between CSBC Corporation Taiwan and Flotation Energy from the UK. I look forward to seeing more Taiwanese and British companies cooperate in the renewable energy field in the future. At today’s meeting, a lot of government and industry representatives from both sides were invited and put forward very insightful ideas and knowledge exchanges. The UK has always been an important partner for Taiwan to achieve our energy transition goals, and Taiwan is also working hard on expanding the deployment of renewable energy and offshore wind. Therefore, I believe there will be more cooperation opportunities for both sides to work together towards the goal of net zero carbon emissions."