Taiwan predicted to become second largest offshore market in Asia

The European Chamber of Commerce predicts that over the next ten years 15GW of new capacity annually will be added to the global offshore market.

Forecasters predict that Taiwan will become the second largest offshore market in Asia, installing 5.5GW offshore wind target by 2025 and about 1GW of new capacity each year going forward.

On top of the environmental and health benefits that come with moving to clean wind energy, Taiwan serves to benefit greatly from a booming offshore market to stimulate the local economy, creating green jobs, investment in local infrastructure, and becoming an export hub for the growing offshore industry.

Read more at ECCT