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Ørsted has announced the launch of the Offshore Wind Industrial Development Fund to support Taiwan suppliers to ramp up their technological capabilities and nurture local talents.
The program, fully funded by Ørsted with a total amount of NTD 60 million, will be managed and executed by the Metal Industries Research & Development Centre (MIRDC) over the next 18 months. The fund carries two objectives:
  • Firstly, to nurture local offshore wind professionals through funding local companies to send their employees for high-level welding and Global Wind Organization safety trainings.
  • Secondly, to boost localisation of offshore wind technologies through offering each successful applicant company with a maximum of NTD 5 million to help them cross the technological threshold and become suppliers for offshore wind construction or for O&M products and services.
Interested local companies may apply to the fund starting from 7th of August. Applications for talent trainings will be reviewed upon request until 7th of August 2021 2021, subject to fund availability, while applications for technology localization will be reviewed altogether after the submission deadline on 30th September this year.
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