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Taiwan, as an island power grid, cannot quickly import electricity during an energy crisis. Beyond relying on Taipower for supply management, developing regional grids to connect renewable energy has become a key trend.

Walsin Lihwa has partnered with Denmark’s NKT to establish Taiwan’s first submarine cable plant, set to begin full operations in 2027. As offshore wind power surges across the Asia-Pacific, Walsin aims to become a key supplier, addressing cable shortages while eyeing market expansion beyond Taiwan.

Ørsted announced on the 23rd the establishment of the 'Asia-Pacific Offshore Wind Technology Alliance' in partnership with Taiwanese suppliers.

Mega Bank led and served as managing bank for a successful NT$13.74 billion syndicated loan for Walsin Energy Cable System Co., Ltd. (hereafter referred to as WECS), completed on April 9, 2024.

Walsin Lihwa Corporation and Denmark's NKT Group subsidiary, NKT HV Cables AB, held a groundbreaking ceremony on the 28th for their joint venture, Walsin Energy Cable System Co., Ltd., marking the start of Taiwan’s only subsea cable manufacturing facility in Kaohsiung. The plant is expected to be completed and begin trial production in 2025, with full operations slated for 2027.

Walsin Lihwa Corporation announced today (29th) the completion of a contract exchange ceremony with Denmark's NKT Group subsidiary, NKT HV Cables AB (NKT), officially launching its subsea cable business and advancing its role in energy transition infrastructure.