Germany's EnBW expands to Taiwan in renewable expansion push
German utility EnBW acquired a 37.5 percent stake in each of three offshore wind projects in Taiwan with a potential total volume of approximately 2,000 megawatt, marking the first such investment outside Europe in the group鈥檚 renewables expansion, reports news agency Reuters. The new partnership initially focuses on securing grid connection capacity for the three projects, and the acquisition is subject to the approval of the Cartel Authority in charge. EnBW is 鈥渞igorously pursuing its growth path in renewables and, for the first time, is now targeting international offshore wind markets outside of Europe鈥�, the company wrote in a press release.
Find the article in English and read the EnBW press release in English .
For background, read the 威力彩玩法 dossier Utilities and the energy transition.