Century Wind Power Co., Ltd.
2072.TWO
Taipei Exchange247.00
TWD
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Century Wind Power Co., Ltd.
2072.TWO
(Taipei Exchange)
Recent
price
247.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Century Wind Power Co., Ltd. operates primarily in the offshore wind power sector, specializing in the design, manufacturing, and installation of underwater foundation structures for offshore wind farms. The company’s core product portfolio includes large-scale jacket foundations, pin piles, and monopiles engineered for subsea applications, with jackets typically deployed in water depths exceeding 20 meters. Pin piles are cylindrical steel piles used in conjunction with casing foundations, while monopiles suit gravel, sand, or clay seabed conditions. These products enable the installation and stability of offshore wind turbines, catering primarily to the renewable energy infrastructure market. Century Wind Power also provides related project management and engineering services. Founded in 2017 and headquartered in New Taipei, Taiwan, the company leverages its expertise in underwater foundation fabrication and installation to serve the rapidly expanding offshore wind power industry in the Asia-Pacific region. In recent developments, Century Wind Power secured a major supply contract as part of the Formosa 6 offshore wind project, Taiwan’s largest offshore wind farm by capacity, with a planned grid connection in 2029. Under this agreement, Century Wind Power is responsible for supplying 57 jacket foundations, while an affiliated company, Century Huaxin Wind Energy, will provide 180 pin piles as a Tier-1 supplier. This partnership with Synera Renewable Energy Group (SRE), a key developer in the region, marks a significant milestone for Century Wind Power’s role in Taiwan’s Phase 3.2 offshore wind development and demonstrates the company’s growing capacity and sustained pipeline through 2028. The company has also been involved in projects such as the Hai Long offshore wind farm, fabricating large jacket foundations tailored to specific seabed environments, with production capacity enhancements reaching four or more foundations monthly. Century Wind Power is part of the larger Century Group conglomerate and maintains strategic partnerships with major industry players, including a joint venture with Danish company Bladt Industries, targeting the Taiwanese offshore wind market. The company continuously expands its fabrication capabilities while adhering to government policies promoting local manufacturing and localization within Taiwan’s offshore wind sector. With approximately 84 employees, Century Wind Power positions itself as a leading manufacturer and service provider of offshore wind power underwater foundations, contributing to Taiwan’s renewable energy infrastructure growth and the broader Asia-Pacific offshore wind market.