Walsin Lihwa Breaks Ground For Its Kaohsiung Submarine Cable Plant2023.09.28
Kaohsiung, September 28 – Walsin Energy Cable System Co., Ltd. — a joint venture between Walsin Lihwa Co., Ltd. and NKT HV Cables AB, a fully owned subsidiary of Danish listed NKT group — held a groundbreaking ceremony today for its Kaohsiung submarine cable plant. The construction of the plant is expected to be completed in 2025, and fully operational in 2027. This will be Taiwan’s first submarine cable plant.
This partnership with NKT Group, a global leader in submarine cable solutions, brings to the Company advanced submarine cable technologies required for product development and the production of sophisticated submarine cables. “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 Yu-Lon Chiao, Chairman of Walsin Lihwa. “We are delighted to work with NKT. Our 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. In doing so, we hope to contribute to Taiwan’s offshore wind and green energy development goals.”
“On behalf of NKT, we are honored to be here at this important event as a partner in the project. The project is important to NKT because it allows us to continue playing a vital role in the green energy transition away from our home markets. NKT values its partnership with Walsin Lihwa as both companies share the same values of sustainability, diversity, quality, and reliability,” said Will Hendrikx, COO and Deputy CEO of NKT. “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.”
Located in the phase one area of the Kaohsiung Intercontinental Container Terminal, the submarine cable plant has a site area of 233,888 square meters and 59,828 square meters of building area. The plant will produce high-voltage export and inter array cables for offshore wind turbine power generation.
Established in 1966 and listed on Taiwan stock exchange since 1972, Walsin Lihwa Corporation is an industrial conglomerate with operations spanning, wire & cable, stainless steel, natural resources, real estate development, and investments in renewable energy and electronics, and has over 10,000 employees across Taiwan, PRC, USA, Italy, Malaysia and Indonesia. Walsin is headquartered in Taipei, Taiwan.
For more information, please visit https://www.walsin.com