Dutch offshore foundations manufacturer Sif Netherlands B.V. and Taiwan's Century Wind Power Co. Ltd have announced their intention to join forces for the Taiwanese offshore wind market.
The two companies have signed a letter of intent to investigate the possibilities of a joint venture to offer and produce monopiles and transition pieces for the Taiwanese market.
Until the Taiwanese market demonstrates a structural demand for offshore wind monopile foundations, sections will be manufactured at Sif's locations in the Netherlands to be assembled and coated by Century Wind in Taiwan, the companies said.
The Taiwanese offshore wind market is developing rapidly and the Taiwanese government's renewable energy policy aims to achieve a status of "non-nuclear homeland" by the end of 2025. The goal is to install 3 GW of offshore wind capacity by 2025.
Century Wind is a subsidiary of Century Iron and Steel Industrial Co. Ltd, one of the largest manufacturers in Taiwan's steel structure market.