Copenhagen Infrastructure Partners (CIP) announced that reached financial close for the 589 MW offshore wind project’s establishment in the coast of Changhua County, Taiwan. In fact, the Changfang and Xidao wind farm will be powered by 62 of MHI Vestas 9.5MW turbines and are expected to begin operations in early 2024.
As data from the National Bureau of Statistics highlight, the overall freight volume transferred to China experienced an increase of 7.1% year-on-year to 51.5 million tonnes in 2018. According to the Bureau’s data, China’s freight throughput at some of its most crucial ports reached the 13.3 billion tonnes in 2018, experiencing an increase of 2.7%, in comparison to 2017.
Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 – on the back of precipitous reductions in cost, and the advent of cheaper and cheaper batteries that will enable electricity to be stored and discharged to meet shifts in demand and supply, said BNEF in its New Energy Outlook 2018.
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