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NKT and Walsin Lihwa break ground on new submarine cable plant in Taiwan

A joint venture between NKT HV Cables AB—part of the NKT Group—and Walsin Lihwa recently held a groundbreaking ceremony for a submarine cable plant in Kaohsiung, Taiwan. The factory will produce high- and medium-voltage AC offshore power cables, mainly for the Taiwanese offshore wind market.

A press release said that the JV, to be called Walsin Energy Cable System Co., Ltd., is expected to be completed in 2025, and fully operational in 2027, at which time it will be Taiwan’s first such cable plant. Located in the Phase One area of the Kaohsiung Intercontinental Container Terminal, the submarine cable plant will have a site area of 233,888 sq m and 59,828 sq m of building area. The plant will produce high-voltage export and inter array cables for offshore wind turbine power generation.

The partnership pairs the resources of the NKT Group, which has advanced submarine cable technologies, with Walsin Lihwa, an industrial conglomerate whose production includes a wide range of power cables and wire. Established in 1966, Walsin Lihwa Corporation has more than 10,000 employees across Taiwan, China, USA, Italy, Malaysia and Indonesia. It is based in Taipei, Taiwan.
“Local production ensures a steady supply of submarine cables, a critical component for the development of offshore wind power generation industry, and of strategic importance to Taiwan’s grid resilience,” said Walsin Lihwa Chairman Yu-Lon Chiao, who observed that the collaboration “marks a significant milestone in the development of Walsin Lihwa’s power cable business. Together, we intend to establish close relationships with our key customers, Taiwan wind power developers, as a preferred supplier of high quality and price competitive submarine cables.”

Will Hendrikx, COO and Deputy CEO of NKT, said that the company is honored to be a partner in the project. “With Walsin being a reputable and strong cable maker, combined with NKT’s experience in submarine cables, we see a great opportunity to establish a local champion for submarine cable production.”

Read 707 times Last modified on November 5, 2023

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