A state-of-the-art offshore power cable factory was inaugurated today, Saturday 6 December, in Kaohsiung, Taiwan. Operated by Walsin Energy Cable System (WECS), a joint venture between NKT and Taiwanese Walsin Lihwa, the facility is Taiwan's first localised submarine cable production site, marking the nation's entry into offshore cable manufacturing.

Spanning 231,000 square metres and incorporating a 50-metre extrusion tower, the factory will produce high- and medium-voltage AC offshore power cables primarily for Taiwan's offshore wind market.

- The inauguration of the WECS offshore cable factory is a moment of pride and an important milestone. Since the formation of the partnership in 2023, Walsin Lihwa and NKT have combined expertise, culture, and vision to jointly build this state-of-the-art offshore cable factory. This achievement embodies our shared vision of accelerating the global clean energy transition and strengthening the resilience of critical infrastructure. With its expertise and commitment, NKT is honoured to contribute to Taiwan's path towards energy autonomy and net-zero emissions, says Claes Westerlind, CEO of NKT.

At the opening ceremony WECS emphasised the strategic importance of the facility in strengthening Taiwan's energy infrastructure and supporting its long-term renewable energy ambitions.
 

- We are delighted to collaborate with NKT, whose leading technology and expertise - combined with our shared commitment to environmental, social, and corporate governance principles - have enabled us to successfully complete the construction of our submarine cable factory in record time. This partnership represents a major milestone in Taiwan's green energy transition and opens new opportunities for both parties across the Asia-Pacific market, says Mr. Yu-Lon Chiao, Chairman of Walsin Energy Cable System.

Commercial production is scheduled to begin in 2027 following type tests and prequalification.

About Walsin Energy Cable System (WECS)

WECS is a Taiwan-based offshore and submarine cable manufacturer, established through a strategic collaboration between Walsin Lihwa, a leading manufacturer of wires and cables and a global leader in the stainless-steel industry, and NKT in 2023. The company's mission is to drive Taiwan's green energy transition by delivering reliable, high-quality, and competitive offshore cable products on time. WECS aims to strengthen Taiwan's strategic position in the international wind and offshore cable industry, contributing to wind power generation and enhancing energy resilience. The joint venture includes a technology license agreement licensing NKT technology to the joint venture. NKT owns a share of the joint venture and also act as the technical partner for WECS.

Picture captions
WECS Inauguration 001: From left to right: Sherry Ho, President of Corporate Strategy & SCM Org., Walsin Lihwa, Michael Yong, Chief Strategy Officer, NKT, Chung-Hsien Chen, Deputy Director-General, Energy Administration, Ministry of Economic Affairs (MOEA), Wen-Sheng Tseng, Chairman, Taiwan Power Company, Yu-Cheng Chiao, Chairman & CEO, Winbond Electronics Corp., Chin-Tsang Ho, Deputy Minister, Ministry of Economic Affairs (MOEA), Jong-Chin Shen, Presidential Advisor (R.O.C), Yu-Lon Chiao, Chairman, Walsin Energy Cable System & Walsin Lihwa, Jens Due Olsen, Chair, NKT, Chi-Mai Chen, Mayor of Kaohsiung City, Joe Y. Chou, Chairman, Taiwan International Ports Corporation, Claes Westerlind, CEO and President, NKT, Kuo-Chang Lin, Deputy Director General, Department of Navigation and Aviation, Ministry of Transportation and Communications, Yu-Hsin Tsou, Deputy Director General, Industrial Development Administration, MOEA, Michael C. Hjorth, CCO, NKT, Justin Wong, COO, Walsin Energy Cable System.

WECS Inauguration 002: From left to right: Claes Westerlind, CEO and President, NKT, Wen-Sheng Tseng, Chairman, Taiwan Power Company, Chin-Tsang Ho, Deputy Minister, Ministry of Economic Affairs (MOEA), Jong-Chin Shen, Presidential Advisor (R.O.C), Yu-Lon Chiao, Chairman, Walsin Energy Cable System & Walsin Lihwa, Chi-Mai Chen, Mayor of Kaohsiung City, Joe Y. Chou, Chairman, Taiwan International Ports Corporation, Jens Due Olsen, Chair, NKT.

About NKT
NKT connects a greener world with high-quality power cable technology and takes centre stage as the world moves towards green energy. NKT designs, manufactures and installs low-, medium-, high- and extra high-voltage power cable solutions enabling sustainable energy transmission. Since 1891, NKT has innovated power cable technology building the infrastructure for the first light bulbs to the megawatts created by renewable energy today. NKT is headquartered in Denmark and employs 6,000 people. NKT is listed on Nasdaq Copenhagen and realised a revenue of EUR 3.3 billion in 2024.
NKT - We connect a greener world. www.NKT.com.

Contact
Christoffer Hellmann, Lead Communications Advisor

+45 2529 1784 / Christoffer.hellmann@nkt.com