World Forum Offshore Wind sings MoU with Taiwan Institute of Economic Research

Today, 28th April 2022, the World Forum Offshore Wind (WFO) has signed a Memorandum of Understanding (MoU) with a leading Taiwanese think tank, The Taiwan Institute of Economic Research (TIER). The agreement covers three main areas of development:

1. Create platforms to promote, stimulate opportunities and business match-make offshore wind related industries between Taiwan and international stakeholders.

2. Develop and collaborate on offshore wind industry related champaigns or projects.

3. Cultivate professional talents and training opportunities to the offshore wind industry.

These are key areas for the continuing development of the offshore wind industry in Taiwan, and secure its position as a regional leader not only in offshore wind but also in moving towards a green economy and industry. This MoU Signing Ceremony signed by the WFO Representative in Taiwan Mr. David Chiang and the Vice President of TIER Dr. Chunto Tso, the ceremony is witnessed by the Director of Trade Council of Denmark Mr. Bo Mønsted and the Chairman of Taiwan Wind Energy Association Mr. Lien-Kwei Chien.

The TIER was established in 1976 with the purpose of engaging in research on domestic and foreign macroeconomics and industrial economics to aid Taiwan’s government and other enterprises in decision making processes to promote the growth of Taiwan’s economy. The WFO is an not-for-profit organisation with the main purpose being to promote the development of the international offshore wind industry. The collaboration should prove to benefit members and Taiwan greatly.

Taiwan has produced a roadmap targeting net zero by 2050. Taiwan aims to increase its renewable energy share to 60 – 70% by 2050. With such ambitious aims the WFO has decided to partner with The Taiwan Institute of Economic Research to contribute towards training, workshops, seminars and more.

For more information on offshore wind farms worldwide, click here.