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Ørsted and CIP Confirmed to Have Bid in Taiwan's Latest Offshore Wind Auction

Ørsted and CIP Confirmed to Have Bid in Taiwan's Latest Offshore Wind Auction
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Only two bids have been received in Taiwan's latest auction for offshore wind capacity, Round 3.3, with sources confirming that Ørsted and Copenhagen Infrastructure Partners have bid. Up to 3.6 GW of capacity could be awarded in the auction, though the actual capacity acquired could be somewhat less. The two developers bid for overlapping projects, with results expected by the end of 2026.

 

Details of the Auction

 

Taiwan has held an offshore wind auction. It is the latest round of capacity. It is known as Round 3.3. It received only two bids. These came from two developers.

The bidders have been confirmed. Sources identified Ørsted and CIP. Both submitted bids. They bid for specific projects. These are known to overlap.

 

The Capacity on Offer

 

The auction offers substantial capacity. Up to 3.6 GW could be awarded. This has a defined operational timeline. The target is 2030 to 2031. This represents significant potential.

However, the actual award may be lower. The capacity acquired could be less. This was previously highlighted. It depends on the bids. The outcome remains uncertain.

 

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The Competition

 

The two developers are closely matched. Their financial strength is similar. Their track records are comparable. This makes other factors decisive. These include local procurement scores.

Each developer stressed its strengths. Ørsted cited a well-developed bid. This combined technical and commercial strengths. CIP stressed its government ties. It also cited supply chain relationships.

 

Significance of the Auction

 

The auction advances Taiwan's offshore wind. It could add significant capacity. This supports the country's energy goals. The two developers are competing. Both are major offshore wind players.

The outcome remains pending. ESG commitments could prove decisive. These underpin much of the scoring. Results are expected by late 2026. This will determine the awards.

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This article was contributed by an external writer affiliated with our publication.