The Rui-Li Phase 1 (“Rui-Li 1”) Floating Offshore Wind Project (pronounced Rway-Lee) is excited to announce that GF Corporation (“GF Corp”), a renowned Japanese company, has become one of the key strategic partners in this transformative initiative. This partnership marks a significant step forward in our efforts to promote renewable energy in Taiwan. Rui-Li 1 will participate in the upcoming floating offshore wind tender, expected to be officially launched by the Taiwanese government. The tender aims to select projects which will serve as a demonstrations for floating offshore wind in the Taiwan Strait (the “Floating Demonstration”), thereby paving the way for the next wave of commercial scale offshore wind tenders, which are expected to all be floating.
Strategic Partnerships and Development Context
The collaboration with GF Corp demonstrates the commitment and potential of the Rui-Li 1 project. The project team is dedicated to complying with governmental renewable energy objectives and boosting public trust in sustainable initiatives. Teaming up with GF Corp enhances the project's ability to contribute to Taiwan's green energy ambitions. Ongoing discussions with local and international stakeholders reflect the confidence in the Rui-Li 1 project and the expected Floating Demonstration in Taiwan. Stakeholders are drawn by the region's long-term prospects and the effective support provided by Taiwan's government for (floating) offshore wind projects.
Notably, the Netherlands has been a significant foreign investor in Taiwan for many years. Dutch companies like ASML, Atradius, and NXP Semiconductors have been deeply involved in Taiwan's technology industry, making significant contributions to economic development in Taiwan. The Netherlands is currently the second-largest foreign investor in Taiwan, reflecting a deep and enduring economic relationship between the two countries.
