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Geopolitical turmoil adds US$20 million to Taiwan offshore wind project costs

Copenhagen Infrastructure Partners (CIP), one of the world’s largest dedicated renewable energy fund managers and a major developer of offshore wind projects across Asia Pacific, says the US–Iran war has prompted governments worldwide to place greater emphasis on energy independence and supply chain resilience. Marina Hsu, CIP’s Asia Pacific managing director, adds that demand for green energy from Taiwan’s high-tech and ICT sectors continues to rise.