Taiwan’s premier cable manufacturer expands into offshore wind power sector

By Oliver Townsend Jul 8, 2024
Taiwan's top power cable maker ventures into offshore wind.jpegOrginal image from: https://asia.nikkei.com/Spotlight/Supply-Chain/Taiwan-s-top-power-cable-maker-ventures-into-offshore-wind

Walsin Lihwa, Taiwan’s top power cable maker, is making a bold move into the offshore wind industry as the island shifts towards renewable energy sources. With the increasing demand for power, Taiwan is looking to expand its renewable energy capacity, and Walsin Lihwa sees this as a lucrative opportunity to venture into offshore wind projects. By partnering with Denmark’s leading power cable supplier, NKT Group, Walsin Lihwa is establishing the Walsin Energy Cable System, which will be Taiwan’s first submarine power cable production facility for offshore wind farms.

Seizing the Renewable Energy Boom

As the world shifts towards sustainable energy sources, Taiwan is positioning itself as a key player in the renewable energy sector. With the government’s push towards reducing carbon emissions and increasing the use of clean energy, the demand for offshore wind projects is on the rise. Walsin Lihwa’s foray into offshore wind demonstrates the company’s commitment to sustainability and innovation in the energy industry. By leveraging its expertise in power cable production, Walsin Lihwa aims to play a significant role in Taiwan’s renewable energy transition.

Partnership with NKT Group

Teaming up with NKT Group, a renowned power cable supplier from Denmark, allows Walsin Lihwa to tap into the expertise and experience of a global leader in the industry. The joint venture, Walsin Energy Cable System, brings together the technical know-how and resources of both companies to establish a state-of-the-art submarine power cable production facility in Taiwan. This collaboration not only strengthens Walsin Lihwa’s position in the offshore wind market but also enhances Taiwan’s capabilities in renewable energy infrastructure.

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