#Taiwan #Taipei #Minesto #Global Innovation #Taiwan Energy

Minesto Accelerates Market Development in Taiwan

Minesto, a leader in ocean energy technology, has made significant strides in its market development in Taiwan thanks to a €24,000 grant from the Swedish Energy Agency through its Global Innovation Accelerator (GIA) programme. This funding focuses on establishing tidal energy power plants in the region, particularly at identified sites near Keelung and Green Island.

In December 2025, Minesto participated in the Nordic-Taiwan Sustainable Energy Forum held in Taipei. This high-profile event gathered policymakers, researchers, and key industry figures to discuss energy resilience and international collaboration in renewable energy. At the forum, Minesto showcased its innovative ocean-energy technology and engaged directly with stakeholders from Taiwan's energy sector.

Dr. YungLung Chen, Project Developer at Minesto Taiwan Ltd., expressed enthusiasm about the opportunities presented by the GIA programme. He stated, "Participating in the Nordic-Taiwan Sustainable Energy Forum and advancing our work under the Global Innovation Accelerator programme builds momentum for Minesto in Taiwan. The GIA programme provides a structured pathway for us to broaden our partner base and secure project finance for the first Dragon Farms in Taiwanese waters."

The importance of Taiwan as a market for Minesto can’t be understated. The collaboration with National Taiwan Ocean University and an industrial partnership with Taiwan Cement Green Energy highlights joint efforts to promote commercial ocean-energy solutions that fit Taiwan’s future renewable energy landscape.

Recent assessments indicate that Taiwan's surrounding waters possess strong tidal streams and robust ocean currents, presenting a unique opportunity for reliable, renewable electricity generation. This aligns well with Minesto's tidal energy technology and Taiwan's commitment to transitioning to a resilient, low-carbon energy system.

The GIA programme not only facilitates financial support but also enhances Minesto’s visibility and collaboration opportunities in Taiwan's burgeoning energy market. As Minesto moves forward with its projects, the company aims to secure additional investments and partnerships that will further the development of tidal energy solutions tailored to Taiwan's specific needs. The long-term potential for predictable power generation is increasingly recognized, and Minesto is at the forefront of harnessing this opportunity for sustainable development.

In conclusion, Minesto's strategic initiatives supported by the Swedish Energy Agency are accelerating the company’s presence in Taiwan. With ongoing partnerships and technological advancements, the future looks promising for both Minesto and Taiwan’s renewable energy landscape. The growth of tidal energy in this region presents not only an opportunity for Minesto but also a significant advancement for Taiwan's energy sustainability goals.