LS Cable & System Expands Offshore Wind Presence
LS Cable & System (LS C&S) will supply submarine cables worth about $85 million to Taiwan Power Company (TPC) for a new offshore wind farm on Taiwan’s west coast. The order comes from Foxwell Energy, a local renewable energy company managing the construction.
Taiwan plans to complete a 5.5 GW offshore wind project by 2025 — its first large-scale wind farm. In addition, the nation aims to add 15 GW of new capacity in the coming years to strengthen its renewable energy transition.
Strengthening Taiwan’s Offshore Wind Projects
By winning this major contract, LS C&S gained the exclusive right to supply ultra-high-voltage submarine cables for all eight sub-projects within Taiwan’s first wind farm initiative. So far, the total project value has reached nearly 900 billion won (US $697 million). This achievement highlights the company’s growing influence in Asia’s offshore wind market.
According to BusinessKorea, an LS C&S official said the company expects around two trillion won (US $1.5 billion) in new submarine cable orders beginning this year. Moreover, LS C&S plans to expand through strong global partnerships and market collaboration.
Expanding Capabilities and Global Partnerships
To strengthen its installation capacity, LS C&S recently acquired a stake in KT Submarine — a specialist in underwater cable installations. This partnership allows the two companies to deliver integrated offshore cable systems more efficiently.
LS C&S has also expanded cooperation with leading offshore wind developers, including Ørsted and CIP in Denmark, Jan De Nul in Belgium, and WPD in Germany. Through these partnerships, the company accelerates its expansion into European and North American markets while supporting the global transition to clean energy.
