Taiwan Seen Sweetening Wind Power Plan That Soured Investors
- CIP says current proposal would cut project revenues 20-25%
- Panel expected to meet Jan. 30 to make new tariff decision
An offshore wind turbine stands in the Taiwan Strait off the coast of Miaoli County, Taiwan.
Photographer: Billy H.C. Kwok/BloombergThis article is for subscribers only.
Taiwan’s offshore wind drama looks set to come to a breezy end next week.
Officials from the government and companies developing wind power projects are signaling that the island will likely amend a policy proposal made last year that threatened to slash revenues and sour investor interest.