South Korea's LS Cable & System has secured a 189.2 billion won ($142 million) contract with Orsted, Denmark-based world’s leading offshore wind power company, for supplying submarine cables to Taiwan.
The contract specifically pertains to the Changhua Offshore Wind Farm, slated to become the largest offshore wind farm in the Asia-Pacific region.
LS Cable will provide 230 kV submarine cables, conducting electrical connection work and performing on-site testing. The contract duration spans From May 25, 2023 to October 4, 2025.
Located off the coast of Changhua in western Taiwan, Changhua Offshore Wind Farm is set to be a significant milestone in Taiwan's renewable energy industry.
After completion at the end of 2025, it will robust capacity of 920 MW. This offshore wind farm is expected to contribute to the generation of clean and sustainable energy.
This latest achievement builds upon LS Cable 's track record of success in Taiwan's offshore wind sector.
Having previously won the contract for supplying extra-high-voltage submarine cables for all eight projects in the first phase of offshore wind farm construction, the accumulated value of contracts since 2019 has reached approximately 1 trillion won ($754 million).
Taiwan's ambitious plans include completing a 5.5 GW wind farm through the first phase by 2025, with further plans to develop an additional 15 GW by 2035.
LS Cable's high-voltage direct current (HVDC) cables A three-party consortium including South Korea’s LS Cable & System Ltd. has won a 2 trillion won ($1.5 billion) deal to build high-voltage cables for a European grid project linking a wind farm in the North Sea with facilities in Ge
South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct current (HVDC) undersea cable factory and is set to secure leadership in the undersea cable market. According to LS Cable, the new plant located in Do
LS Cable & System Ltd. announced on Thursday that it has won a contract worth about 110 billion won ($86 million) to supply submarine cables for wind farms being built by Taiwan Power Company (TPC) off the west coast of Taiwan. The company signed an agreement with Taiwan's energy company,
LS Cable & System teams up with HAI to set up an EV parts joint venture LS Cable & System Ltd. will spend 67.5 billion won ($53.3 million) to set up a joint venture with Austria’s Hammerer Aluminium Industries GmbH (HAI), the world’s No. 1 producer of aluminum parts for EVs,
LS Cable's factory LS Cable & System Ltd., together with its aluminum materials affiliate LS Alsco, has developed a new aluminum alloy that can replace copper wire.The company said on Thursday its new high-strength aluminum material has received a unique alloy number AA8031 from the America