CSBC Power Technology Co has recently signed a letter of intent with Danish multinational engineering group Danfoss A/S as it aims to provide more efficient and cost-effective electric ship propulsion systems, while tapping into the electric ship business worth tens of billions of dollars, its parent company CSBC Corp, Taiwan said yesterday.
“Clean energy and power have become a trend in the transportation industry. Forty-seven point six percent, or nearly half, of new European cars are electric vehicles. I believe that electric ships will also catch up with this trend,” CSBC Corp chairman Cheng Wen-lon said in a statement.
Cheng also serves as chairman of CSBC Power, which has paid-in capital of NT$75 million (US$2.4 million), of which 87 percent is held by CSBC Corp, the nation’s largest shipbuilding company, with one shipyard each in Keelung and Kaohsiung.
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CSBC Power specializes in the research and development of integrated electric ship energy storage batteries and power systems. Its technical team has many years of experience in ship electrification, the firm said.
The company’s aim is to achieve the localization of megawatt-level electric vessel development in Taiwan, with advanced integrated technology, system design and assembly capabilities, it said.
Danfoss, headquartered in Nordborg, Denmark, has solid electric propulsion technology and enjoys a lead position in the global market, the statement said. The multinational company has been promoting the green transformation of the shipping industry in the past few years, it said.
Through the strategic collaboration with Danfoss, CSBC Power hopes to gradually integrate key technologies — such as electric propulsion systems, shaft generators, main and auxiliary engines and AC-DC converters — into megawatt-level electric ships, company chief executive officer Wang Shuo-ping said.
The companies signed the letter at CSBC Power’s headquarters in Keelung on Dec. 22 last year with the attendance of Cheng, Danfoss Drives’ head of Asia-Pacific and India regions Krisada Phetsuksiri and United Voyage Enterprise Co chairman Kenneth Chen, another strategic partner in the deal, CSBC Corp said.
Source: Taipei Times