Teco Electric, CSMC Form Offshore Wind Joint Venture
On May 13, Taiwanese company Teco Electric and Machinery and China Steel Machinery (CSMC) have signed an agreement to set up a joint venture dedicated to offshore wind energy.
The primary task of the joint venture is to use TECO’s wind power generating technology and CSMC’s steel construction expertise to develop its own brand of domestic offshore wind turbine based on the European mature offshore wind turbine technology. In the future, the companies plan to actively expand to East Asia and North America.
The companies expect to have installed the first 5MW experimental wind turbines later this year.
Offshore WIND Staff; Image: Taiwan Excellence (TECO’s 2MW PMSG wind turbine.)
List of related news articles
-
Posted: 18 days ago
Polish Utility Enters Offshore Wind Joint Venture with EDP and Engie
Polish state-owned utility TAURON has signed an agreement with the joint venture of EDP Renováveis a...
Posted: 18 days ago -
Posted: 6 days ago
HST and Boluda to Form Offshore Wind Joint Venture in France
Boluda France and HST Marine have signed a Memorandum of Understanding (MOU) to establish a joint ve...
Posted: 6 days ago -
Posted: 18 days ago
CWind Taiwan Sponsoring GWO Basics Classes for 100 People
CWind Taiwan will sponsor up to 100 Taiwanese students and local fishermen who want to participate i...
Posted: 18 days ago -
Posted: about 1 month ago
Airswift Ventures Into Taiwan
Global workforce solutions provider Airswift has formed a joint venture with Taiwan-based HR and pay...
Posted: about 1 month ago