Minesto CEO Dr Martin Edlund presents Minesto’s Deep Green technology: Renewable baseload for Taiwan and beyond

Minesto Showcase at The 35th Sweden-Taiwan Joint Business Council Meeting

September 27, 2019

Minesto had the honour to be a part of the Swedish delegation at the 35th Sweden-Taiwan Joint Business Council (JBC) Meeting held in Stockholm this year on 26th September. The Meeting kicked off with Opening Remarks from key government figures such as Krister Nilsson, State Secretary to Minister for Foreign Trade, Sweden, and Mei-Hua Wang, Deputy Minister of the Ministry of Economic Affairs of Taiwan.

Mei-Hua Wang presented strong and clear indication that renewable energy is the way to go in Taiwan, with the country’s plans to further develop their energy transformation program to phase out nuclear energy by 2025. The renewable energy generation goal remains – 20 percent by 2025. With the current renewable energy market share at 4 percent, it is in Taiwan’s interest and benefit to accelerate development of other forms of renewable energy aside to solar and offshore wind in order to attain the 20 percent goal by 2025.

Minesto, represented by CEO Dr Martin Edlund, presented Minesto and its award-winning Deep Green technology as a highly viable renewable energy technology that can contribute greatly to Taiwan’s renewable energy mix. The progress of Minesto’s project in Taiwan was showcased, including site development for both tidal stream deployment in Keelung and ocean current deployment in Green Island. Dr Martin Edlund also took part in a high-level panel discussion relating to Sustainable Cities together with representatives from Envac, a sustainable waste management company from Sweden, and ICDI (International Climate Development Institute).

“We were very pleased to represent the Swedish industrial sector in conversations relating to the Swedish agenda in East Asia. With one of Minesto’s near-term focus being fostering local supply chain collaboration for our project in Taiwan, JBC Meeting is a valuable platform for us to build a strong network for accelerated market penetration in East Asia”, said Dr Martin Edlund, CEO of Minesto.

Throughout the meeting, it was well-established that with the strong bilateral ties between Sweden and Taiwan, Taiwan remains as one of Sweden’s key markets in Asia.

“It is evident that collaboration between industrial actors and public stakeholders is pertinent to further renewable energy transformation in Taiwan. We are committed to building significant capacity for predictable and dependable clean energy supply in Taiwan and refining the country’s long-term energy policy agenda,” said Dr Martin Edlund, CEO of Minesto.

About Sweden-Taiwan JBC Meeting

Organised by Business Sweden in partnership with the Chinese International Economic Cooperation Association, the Sweden-Taiwan Joint Business Council Meeting is held annually, alternating between Taiwan and Sweden. It provides a high-level platform to enhance collaboration between Sweden and Taiwan – with focus on Smart Cities, Sustainable Societies, and Smart Healthcare. It enables Swedish organisations to showcase world leading technologies to key decision-makers and enterprises in Taiwan, and establish a strong and well-connected network for further partnerships in Taiwan.

 

Mei-Hua Wang, Deputy Minister of the Ministry of Economic Affairs of Taiwan kicking off The 35th Sweden-Taiwan JBC Meeting
Panel discussion around the theme 'Sustainable Cities' led by Vlad Månsson, Market Manager Taiwan at Business Sweden
Minesto CEO Dr Martin Edlund engages in high-level discussions about sustainable cities with Joakim Karlsson (Middle), CEO & President of Envac, and Camyale Chao (Left), Executive Director of ICDI