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BW Ideol has signed a partnership agreement with Taiya Renewable Energy for the joint development of a floating offshore wind pipeline including a 50MW floating wind pilot-project and commercial-scale projects in Taiwan.
The two-fold agreement first covers the development of a pilot project in response to the specific tender announced by the Taiwanese government this August. BW Ideol is granted the EPCI contract to design, engineer, build and install the floating foundations based on its Damping Pool technology. Subject to the project reaching final investment decision, COD is targeted before the end of 2026, with construction expected to start as early as 2025. The partnership agreement also covers the joint development of several commercial-scale projects. Based in Taiwan, Taiya is a local renewable energy development team that focuses on site selection and development of offshore wind farms.
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