Japanese conglomerate Mitsui & Co. has entered the fast-emerging Taiwanese offshore wind sector by taking a 50% stake in Yushan Energy, one of the successful developers in the country’s recent debut allocation round.
Mitsui bought the half-share in Yushan Energy from its parent group, Singapore-based Enterprize Energy. Terms were not disclosed.
Yushan Energy has a 40% stake in the Hai Long 2 offshore wind project that was allocated 300MW in the Taiwanese round, which awarded more than 3.8GW
