Taiwan further lowers tariffs for offshore wind

Taiwan’s Ministry of Economic Affairs has announced a 8.5% reduction of the feed-in tariff (FiT) for offshore wind projects signing 20-year power purchase agreements (PPAs) in 2021 as compared with 2020 rates. The main rate offered by the ministry will be for projects signing 20-year PPAs from 1 January in 2021 is TW$4,656.8/MWh, down from …

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