Minesto strikes Taiwanese tidal deal
Agreement covers the assessment and development of potential sites
Minesto and Taiwan Cement Green Energy (TCCGE) have entered into a collaboration agreement to pursue tidal and ocean current energy build out in Taiwan.
The agreement covers assessments of economic and technical feasibility of selected sites, project development, and applications for feed in tariffs.
“Taiwan Cement is an experienced and successful developer of renewable energy production in Taiwan with a strong focus on pioneering projects and an openness for new technologies. Minesto’s Dragons are still in the early stage of commercial deployment and that makes this collaboration even more valuable for us, them and Taiwan,” said CEO of Minesto Dr Martin Edlund.
“Our long-term commitment to Taiwan can finally bear fruit. We are looking forward to working with one of the strongest and most renowned companies in Taiwan to seek synergies in local production and supporting infrastructure, while leveraging on Taiwanese manufacturing and technology strengths,” said project manager of Minesto Taiwan Dr Yung-Lung Chen.
“We have a lot to investigate and pursue, that makes it even more important to accelerate development and push forward. We are looking forward to the collaboration,” added President of TCCGE William C L Weng.
