Bladt forms JV for offshore wind foundations in Taiwan
Source: Bladt Industries A/S (www.bladt.dk)
Danish steel contractor Bladt Industries A/S has formed a joint venture (JV) with a partner in Taiwan to make foundations for the emerging offshore wind market.
The company has signed a JV agreement with Century Wind Power, after working on the deal for the last year. The new firm, called Century Bladt Foundation Co Ltd, brings together European fabrication technology and a local steel construction fabricator.
"The [..] Agreement is a very important step for Bladt Industries to expand the business into Asia; one of the new growth areas of offshore wind" said Bladt Industries chief executive Klaus Steen Mortensen. In Taiwan, the government has allocated 5.5 GW of offshore wind projects.
The JV signing ceremony was attended by representatives of partners including Ørsted (CPH:ORSTED) and Copenhagen Infrastructure Partners (CIP).
Separately, Siemens Gamesa Renewable Energy SA (BME:SGRE) said today it has signed 10 pacts in Taiwan with various suppliers, covering offshore wind turbine component solutions.