Post by
BayWall on Apr 29, 2023 5:28pm
Taiwan
Another mystery: Orsted CEO Mads Nipper 2022--But with low prices, extreme inflationary pressure on costs of the investment and challenging frame conditions, a financially healthy project simply cannot be made despite fantastic work by my colleagues. And if every developer continues to build projects that are not financially viable, investments in the green transformation will eventually stop. And that is a much bigger disaster than rsted not getting a project we really wanted. Thanks a lot to the Taiwanese government for constructive dialogue and especially to my local colleagues for their hard work.
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Northland has the same headwinds in Taiwan as Orsted. But Northland is going ahead. Is there a reason why?
Alos the Gentari partnership Hai Long Project. Gentari a creation from from Malaysia's Petronas, maybe has something to do with it,.
Nobody with the courage to ask questions, as a virtual annual meeting will be held soon.