The nation is aiming to increase its offshore wind energy generation capacity by 5 gigawatts (GW) over the five years from 2026 to 2030, the Ministry of Economic Affairs said yesterday.
Plans for the third phase of the government’s offshore wind energy development project would be released later this year, Bureau of Energy Deputy Director-General Lee Chun-li (李君禮) told the Global Offshore Wind Summit, Taiwan at the Grand Hotel in Taipei.
One of the goals of the third phase would be to produce an additional 5GW of offshore wind power for commercial use from 2026 to 2030, he said.
Before releasing the plan, the ministry would invite local and overseas developers involved in the project to coordinate on aspects such as maintenance, installation and underwater foundations, Lee said.
In the first phase, a demonstration offshore wind farm with a generation capacity of 8 megawatts was set up off Miaoli County in 2016 and became fully operational the following year, he said.
Bidding for the second phase was completed last year, with the goal of achieving 5.5GW of installed capacity by 2025, Lee said.
The output value of offshore wind power in Taiwan is expected to reach NT$77.3 billion (US$2.5 billion) by 2025, with total investment in the industry exceeding NT$1 trillion, bureau data showed.
The offshore wind development sector is also forecast to create about 20,000 jobs by 2025, the data showed.
At the summit, Taiwan, local and global investment groups, energy companies, project developers and regulators discussed the future of the nation’s offshore wind market.
The conference was hosted by the European Chamber of Commerce Taiwan and the Global Wind Energy Council.
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day
Thousands of parents in Singapore are furious after a Cordlife Group Ltd (康盛人生集團), a major operator of cord blood banks in Asia, irreparably damaged their children’s samples through improper handling, with some now pursuing legal action. The ongoing case, one of the worst to hit the largely untested industry, has renewed concerns over companies marketing themselves to anxious parents with mostly unproven assurances. This has implications across the region, given Cordlife’s operations in Hong Kong, Macau, Indonesia, the Philippines and India. The parents paid for years to have their infants’ cord blood stored, with the understanding that the stem cells they contained