After important planning and development site selection in the past year, the development potential of the three areas is approximately 6 GW. Determined to establish a long-term business in Taiwan, make contributions in line with the company's strategy for local economy, skills and labor development, diversify the geographic distribution of offshore wind power project pipelines, and position itself in a development market with strong potential. The company is already in Offshore wind farms are operated in British and German waters, and new developments have been carried out in Britain, the United States and France.

Including Taiwan, Ireland, Japan, Sweden and Poland, Iberdrola's offshore wind power pipeline exceeds 20GW. Iberdrola continues to expand in the Asia-Pacific region and announced three new offshore wind power development projects in Taiwan with a potential capacity of approximately 6 gigawatts (GW).

The projects are respectively named Dazhongbu Offshore Wind Power, Guofeng Offshore Wind Power and Judao Offshore Wind Power, and will be located in the waters of Taichung, Changhua and Penghu counties on the west coast of Taiwan. The water depth is suitable for fixed bottom and floating offshore wind technology. These projects total about 6 gigawatts, providing a long-term pipeline for Iberdrola to establish a foothold in Taiwan and commit to continuous operations in the country.

David Rowland, Director of Global Offshore Wind Power Development at Iberdrola, said: "Taiwan’s ambitions for the significant growth of offshore wind power mean that we have been paying close attention to the market for many years and are actively working to develop these new projects. We see that countries around the world are embracing the huge potential of offshore wind power. And to seek rapid and large-scale construction. This is a positive trend. This is good news for the climate crisis and the economy." "Based on the detailed studies we have completed and our understanding of Taiwan’s supply chain capabilities, we are aware of these new developments. The potential of the project is full of enthusiasm."

Taiwan’s goal is to install another 9 GW of offshore wind power by 2031 and another 15 GW by 2035. The government is currently finalizing the next set of policy measures. Iberdrola's three development projects are ready to enter the upcoming "regional development" auction round. The potential of floating offshore wind power provides important opportunities for continued growth beyond existing and planned fixed-bottom projects. Iberdrola plans to assess domestic fixed and floating opportunities.

Committed to local community and economic development

Iberdrola will now develop these projects, continue its record of community involvement, and build relationships with local labor and supply chains to ensure sustainable and long-term cooperation. The company will set up a project office in Taipei. Iberdrola worked with local consultants to select project areas and refined the boundaries through a rigorous evaluation of data and stakeholder participation. The current work will continue to expand the work of stakeholders and complete technical and environmental impact assessments to ensure that the development of the project is continued in consideration of the local environment and community.

Through the development of projects in Taiwan, Iberdrola will cooperate with the local supply chain and labor force to cultivate a long-term, sustainable offshore wind power industry. Iberdrola has a good record of providing income and investment in the countries where it operates, and will continue to use this approach when developing projects in Taiwan.

One of the main growth drivers of the group

Entering Taiwan strengthens Iberdrola's diversification strategy to become a global leader in offshore wind power, while consolidating its position as the world's largest renewable energy company.

Offshore wind power is driving the growth of the group: 1,300 MW of installed capacity and 2,600 MW of capacity under construction, which will triple the current capacity. Projects in the United Kingdom, the United States, Germany, France, Sweden, Japan, Poland, Denmark, Taiwan and Ireland are in progress and development.

Green investment that promotes economic recovery and employment

For two decades, Iberdrola has been leading the energy transition and has become a key driver of industry transformation, economic green recovery and job creation. To this end, the company has launched a record 150 billion euro investment plan in the next ten years, which will reach 75 billion euros by 2025. These plans will triple the company's renewable energy production capacity, double its network assets, and maximize the opportunity of the energy revolution to provide services to the world's major economies.

Keywords: international engineering news, foreign engineering project information

Iberdrola has invested 120 billion euros in the past two decades and is a leader in the field of renewable energy with an installed capacity of more than 35,000 MW. This amount makes it one of the cleanest power generation fleets in the energy field. Europe’s emissions are 43 grCO2/kWh, which is two-thirds lower than the European average. The strategy of investing in clean energy and networks will enable Iberdrola to achieve “carbon neutrality” in Europe by 2030.Editor/Baohongying