CIP opens opportunities for Vestas in Taiwan

Several Danish companies have made large wind energy investments in Taiwan. This could kick-start massive exports.

The Danish rivals Ørsted and Copenhagen Infrastructure Partners (CIP) had great success with Taiwan's first tender for of-shore wind installations, potentially awarding Danish producers such as MHI Vestas and Bladt Industries with lucrative contracts.

According to Danish consultancy firm K2 Management, it could easily cost DKK 40 billion (EUR 5.3 billion) to construct the Danish projects in Taiwan, as the country has no experience with off-shore wind.

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