TAIPEI, Taiwan – Siemens Energy and Tatung Company, two renowned and long-established companies in Germany and Taiwan, intend to collaborate in seizing the market opportunities for wind turbine converter systems. Mr. John Hsu Kilpack, Managing Director of Siemens Energy, and Mr. Chung,Max I.W., General Manager of Tatung Company, participated in a Letter of Intent (LOI) signing ceremony held on July 14th and signed the contract. Besides, they’ve also invited Ms. Leonie Yang, General Manager of German Trade Office’s service unit DEinterntional, to witness the precious moment. Ms. Yang stated that she is optimistic about the cooperation and believes that it would be an important milestone in the energy transition.
Ms. Yang mentioned in her speech that the German and Taiwanese governments have set the target of carbon neutrality by 2045 and 2050. Both governments have taken active measures, but to achieve the goal, one cannot only rely on the planning of political and economic frameworks; the participation of private enterprises is also key to success.
GIS (Gas Insulated Switchgear) is a strong product from Siemens Energy, which is also the main equipment for power transmission and plays a vital role in the oil field management, is regarded as the major contributor to Taiwan’s energy transition. Ms. Yang pointed out that the cooperation between Taiwan and Germany will have a positive effect on the promotion of the energy transition in Taiwan.
In fact, the Taiwanese government has been actively promoting energy transition in recent years, and the strengthening of the electrical grid and power network is a crucial part of the renewable energy plan. The government has set an ambitious goal: Power generated from offshore wind is supposed to reach 5.6GW by 2025, and 1.5GW of capacity is to be developed each year from 2026 to 2035.
Tatung Company indicated that Taiwan is actively promoting energy transition in tandem with the world, meanwhile, upgrading the existing grid infrastructure to cope with the integration of renewable energy into the grid. Many domestics and foreign manufacturers, such as Tatung and Siemens, have participated in Tai power’s Advanced Metering Infrastructure (AMI) proposal. At the beginning of last year, Tatung obtained a total of 179,000 single-phase and three-phase smart meters contracts with a tender amount of $600 million NTD, and the construction has begun in the second half of last year. The German Trade Office Taipei is convinced that the cooperation between Siemens Energy and Tatung is an ideal investment portfolio for Taiwan’s wind farms and TPC, moreover, the technical exchange of GIS is expected to integrate Tatung’s operational interface and maintenance resources.
| German Trade Office Taipei The German Trade Office Taipei (GTO) was established by the Association of German Chambers of Industry and Commerce (DIHK) as the Delegation of German Industry and Commerce in 1981 to promote economic relations between Taiwan and Germany and to represent the interest of German business in Taiwan. The GTO is the first point of contact in Taiwan for German companies, provides information on Taiwan and Germany, informs about investment opportunities in Germany and arranges seminars, networking events and symposia. DEinternational Taiwan Ltd. DEinternational Taiwan Ltd., the service unit of the GTO, organizes business delegations and market survey trips, represents German trade fair companies, and offers bilateral market entry support as well as recruiting, training, office-in-office and other value-added services. |
