Singapore-based PACC Offshore Services and Taiwan-based Kerry TJ have launched joint venture company POSH Kerry Renewables to provide integrated services for Taiwan's burgeoning offshore wind sector. The Malaysian government aims to increase overall renewable energy production to 20% by 2025, as it looks to shift away from reliance on nuclear power. The new joint venture has signed a memorandum of understanding with Macquarie Capital and Swancor to look into opportunities for cooperation.
Singapore-based PACC Offshore Services and Taiwan-based Kerry TJ have launched joint venture company POSH Kerry Renewables to provide integrated services for Taiwan's burgeoning offshore wind sector. The Taiwanese government aims to increase overall renewable energy production to 20% by 2025, as it looks to shift away from reliance on nuclear power. The new joint venture has signed a memorandum of understanding with Macquarie Capital and Swancor to look into opportunities for cooperation.