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Business deals

Hitachi eyes wind turbine plant in Taiwan after capturing order

Island's heavy demand makes it potential hub for Asian wind energy business

Taiwan carries vast potential to harness wind energy off its west coast. (Photo courtesy of Taiwan Power)

TAIPEI -- Hitachi's winning bid to build offshore wind turbines for Taiwan has the Japanese company considering construction of a plant on the island to capture more Asian business, the conglomerate's president revealed Monday.

"This is the first step," President Toshiaki Higashihara told reporters here Monday following the signing ceremony for Hitachi's first wind power project outside Japan.

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