Taipei - Leading wind-power supplier Vestas Wind Systems A/S of Denmark opened a subsidiary company in Taiwan on Thursday, saying the island was an "ideal place" to develop the alternative energy source. "Taiwan relies on imports for its energy needs, has environmental concerns and has a shallow seashore on its west coast, so it is an ideal place to develop wind power," Thorbjorn Rasmussen, president of Vestas Asia Pacific, said at a news conference unveiling Vestas Taiwan Ltd.
Taiwan had great potential for this "modern energy" as the island hopes to install 2,000 megawatts of wind-power projects by 2010.
"The purpose of launching Vestas Taiwan Ltd as a subsidiary is to further develop a local organization, including a larger after-sales and service department, for maintaining turbines in Taiwan," Rasmussen said.
Vestas entered the Taiwan market in 1991, and its main Taiwan client is the state-run Taiwan Power Co. Vestas currently has a 21- per-cent share of installed wind power in Taiwan.
Vestas has 14,500 employees worldwide and a 32-per-cent share of the global wind-power market, with 33,500 wind turbines installed in 65 countries.