SeaEnergy and TGC to develop windfarms in Taiwan

LONDON - British renewable energy company SeaEnergy said on Tuesday it will build offshore windfarm projects in Taiwan with the Taiwan Generations Corporation, an energy project development company. A man works in front of windmills on the outskirts of Yumen, northwest China's Gansu province April 29, 2007. (REUTERS / Jason Lee.) Taiwan's government has set a target to have 15 percent, or 8,450 megawatts, of its electricity generated from renewable resources by 2025. And in August the government said it would invest T$45 billion ($1.4 billion) in the sector. SeaEnergy and TGC did not place a value on the project. Shares in SeaEnergy were 6.7 percent up at 51.5... [read full story]                    

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