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Business trends

Wind power companies flock to Taiwan's breezy shores

Taipei set to choose winners of $60bn worth of contracts for offshore turbines

Only Taiwan is currently offering offshore wind power projects of this scale. (Courtesy of Taiwan Power)

TAIPEI/TOKYO -- Taiwan is preparing to choose the winners in a crowded global contest to develop offshore wind power for the island, as companies around the world shift their focus toward Asia in search of more profitable projects. The decision is expected to be announced on April 30.

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