On March 1, 2024, Swancor and Vestas Taiwan officially signed a strategic cooperation agreement at the opening ceremony in Swancor Industrial Innovation Park, Swancor headquarters, in Zhongxing New Village, Taiwan.

The agreement focuses on the localization of offshore wind power in Taiwan, with a commitment to using localized blade materials in Taiwan wind farms.

Swancor's chairman, Robert Tsai, emphasized “Devoted to carbon neutrality and new materials" is our mission in net-zero era. Moreover, the innovative Swancor recyclable resin “EzCiclo” is a breakthrough in making thermosetting materials recyclable, including previously non-recyclable wind turbine blades. This technology enables the re-entry of these materials into the circular economy, supporting the last mile of offshore wind turbine recycling.

The newly completed Swancor Industrial Innovation Park will become the foundation for Swancor to lead the world's material revolution, and we will provide global recycling and sustainable products and services in the field of green energy, environmental protection and security.

Alex Robertson, General Manager of Vestas Taiwan, said: "The sustainable development of the local supply chain of offshore wind power depends on the continuous and stable growth of the local market. For an internationally competitive local supplier like Swancor, export is an important choice to balance the risk of volatility in the local market. Vestas, as a global leader in sustainable energy solutions, will continue to work with Swancor to make the green energy industry truly sustainable.

The strategic cooperation agreement signifies a new level of friendly cooperation between Swancor and Vestas Taiwan. Both companies aim to leverage their strengths in brand, technology, capital, and market to create a new highland of green energy, providing competitive wind power solutions for the growing offshore wind power market and contributing to the global transition to zero-carbon green energy.