This week, Minesto participated in a Swedish trade delegation led by Stina Billinger, State Secretary at the Ministry of Enterprise and Innovation, visiting Taiwan for the 34thTaiwan-Sweden Joint Business Council (JBC) Meeting in Taipei.

Minesto, represented by CEO Dr Martin Edlund, took part in high-level conversations relating to Smart Cities & Sustainable Societies together with representatives of Volvo, Ericsson and AstraZeneca. Martin Edlund also had the opportunity to present Minesto and its unique product to key public stakeholders and industrial actors in attendance.

“We were very pleased to be part of the trade delegation and to represent the Swedish industrial sector in conversations related to the Swedish agenda in East Asia. Innovative companies like Minesto, that brings high-value-added business models and drive sustainable development, can utilise vast business opportunities in the region”, said Dr Martin Edlund, CEO of Minesto.

With Taiwan aiming for 20 percent renewable energy generation by 2025, green energy was a key focus area at the JBC Meeting.

“It is clear that ocean energy is needed to form a sustainable future energy mix in Taiwan. Our ambition is to be highly involved both in building substantial capacity for predictable, clean energy supply in Taiwan – and in shaping the country’s long-term energy policy agenda”, said Martin Edlund.

Organised by Business Sweden together with the Chinese International Economic Cooperation Association, the Taiwan–Sweden Joint Business Council Meeting is held annually, alternating between Taiwan and Sweden. It provides a high-level platform to enhance collaboration between Sweden and Taiwan – with focus on Smart Cities and Sustainable Societies. It enables Swedish organisations to showcase world leading technologies to key decision-makers and enterprises in Taiwan and build a strong network for accelerated market penetration in Asia.

Vlad Månsson, Market Manager Taiwan at Business Sweden said: “The renewable energy sector is one of the key areas where Business Sweden sees growth opportunities for Swedish companies in Taiwan. The denuclearization on the island and clear focus on renewable energy expansion means that innovative Swedish companies like Minesto has opportunities to use Taiwan as a gateway to Asia within renewables.”