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NKT will enter a joint venture with Taiwanese cable manufacturer Walsin Lihwa to construct the first subsea power cable factory in Taiwan. The factory will produce high- and medium-voltage AC offshore power cables for the Taiwanese offshore wind market, expected to be operational in 2027.
“The Joint Venture shall construct the first subsea power cable factory in Taiwan and shall supply high- and medium-voltage AC offshore power cables mainly for the Taiwanese offshore wind market.”kromannreumert.com
Summarized from public sources; check the original articles before acting on it.