Flurry of offshore wind energy projects sweep Asia off its feet as costs keep falling down

摘要

When Taiwan first tapped into its huge wind energy potential, it did not expect a growing swarm of big-time foreign developers pitching in. Foreign energy companies are highly attracted to the country's geographical similarities to Northern Europe, conditions which are very suitable for offshore wind farms. The unprecedented amount of interest enabled the Taiwanese government to set an ambitious 3 GW offshore wind target for 2025, a move being mimicked by countries all over the region where massive renewable energy resources have yet to be fully unlocked. Experts stress that recent power challenges in Asia are proving that it is time to put these energy assets to good use, especially as the cost of wind power continues to plummet. From big names like China and India to more recent players like Vietnam and the Philippines, wind energy in Asia has been seeing major technological developments despite regulatory and cultural challenges.