TIEN LI OFFSHORE WIND TECHNOLOGY CO LTD

What TIEN LI OFFSHORE WIND TECHNOLOGY CO LTD does

Tien Li Offshore Wind Technology Co Ltd (天力離岸風電科技股份有限公司) is Taiwan's only MW-class offshore wind turbine blade manufacturer, founded in 2009 and headquartered in Taipei with its core manufacturing operation on a 21-hectare site inside the Taichung Port offshore wind industrial zone. The company produces 85-meter, 35-ton carbon-fiber blades for the Vestas V174-9.5MW platform, the world's largest commercial offshore wind blade, under a technology license transferred from MVOW (later fully absorbed into Vestas) following a 2018 MOU. Process capabilities span blade design, mold research and manufacture, composite layup, resin infusion, forming, painting, and proprietary mold flow analysis. The company also produces blades for downstream customers, with blade effectiveness improvement services included in its offering. Tien Li recorded its first revenue in March 2022 after completing the Taichung Port facility in 2021 and reached a 100-blade production milestone by August 2023, breaking Vestas' global V174 production record with a 17% efficiency improvement over standard man-hours.

Tien Li operates a B2B manufacturing model, selling blades and related services under contract to wind farm developers and wind turbine OEMs, with pricing not publicly disclosed. Primary customers include CIP (Copenhagen Infrastructure Partners) for the Changfang and Xidao wind farms, plus Zhongneng and the Hai Long project (1,044MW under Phase 3-2). The OEM backbone is a Vestas licensing relationship under which Tien Li is the only Vestas blade factory outside Europe, complemented by an MOU with Siemens Gamesa for localized blade O&M services. The company monetizes its core manufacturing line via blade delivery and acceptance, with revenue first recorded at NTD 25.96 million in March 2022. Expansion of the revenue base into professional services is underway through a March 2024 joint venture with Swire Renewable Energy covering Taiwan and Asia-Pacific O&M, a strategic partnership with Taiwan Wind Training to certify blade maintenance technicians (GWO standard, partnership signed July 2025), and participation in the Taiwan Team consortium targeting Formosa 4 (fixed foundation) and Formosa 5 (floating platform) wind farms of up to 3GW.

The company went public on Taiwan's emerging stock market (興櫃, ticker tpe:6793) in 2020 alongside a NTD 2 billion syndicated bank loan and a NTD 360 million cash capital increase. It is led by Chairman Wu Kun-Da (吳坤達) with General Manager Xiao Wei-Cheng bringing carbon-fiber expertise from the defense and sports industries. Headcount grew from approximately 400 (2022) to approximately 600 (2024), and the company holds ISO 9001/14001/45001 certifications covering both blade manufacturing and O&M services through July 2025. The company's stated strategic objective is to position Taiwan as the Asia-Pacific offshore wind turbine blade supply center, exporting locally developed supply chain capability and capturing both production and in-country maintenance revenue.

Name

TIEN LI OFFSHORE WIND TECHNOLOGY CO LTD

Legal name

天力離岸風電科技股份有限公司 (Tien Li Offshore Wind Technology CO., LTD.)

Website

https://tien-li.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Tien Li Offshore Wind Technology is Taiwan's only MW-class offshore wind turbine blade manufacturer, producing 85-meter V174-9.5MW carbon-fiber blades under Vestas license at its Taichung Port facility, and supplying B2B to offshore wind developers (CIP, Hai Long, Zhongneng) and OEMs (Vestas, Siemens Gamesa).

Ownership category

akta.pro rank

Product category

Offshore Wind Turbine Blades

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Special Industry Machinery, Nec (3559)

akta.pro primary industry

Wind Blades, Towers & Foundations Manufacturing (EUAMAHAE)

akta.pro secondary industry

Wind Component Service, Repair & Refurbishment (Blades, Gearboxes, Bearings) (EUAMACAI)

Keywords

• Offshore wind turbine blades
• Carbon fiber blade manufacturing
• Wind energy components
• Blade operations maintenance
• Wind turbine mold manufacturing

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Wind Turbine Blade Manufacturing & Sales: Manufacturing and selling offshore wind turbine blades to wind farm developers and OEMs. Production under Vestas licensing for V174-9.5MW blades. Revenue recognized upon blade delivery and acceptance. First revenue recorded March 2022 at NTD 25.96 million.
2. Blade Operations & Maintenance Services: Providing localized blade O&M services under MOU with Siemens Gamesa. Joint venture with Swire Renewable Energy for wind turbine O&M services covering Taiwan and Asia-Pacific markets.
3. Blade Maintenance Training Services: Training local technicians for blade maintenance services. Partnership with Taiwan Wind Training (風訓公司) for GWO-standard training programs.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Tien Li Offshore Wind Technology manufactures V174-9.5MW offshore wind turbine blades (85 meters, 35 tons) under technology licensing from Vestas at its Taichung Port facility. The company also produces blade molds, provides blade efficiency improvement services, and delivers blade operations and maintenance (O&M) services. As Taiwan's only MW-level offshore wind blade manufacturer and the only Vestas blade factory outside Europe, the company supplies directly to OEMs and wind farm developers.

Product overview

Tien Li Offshore Wind Technology Co Ltd is Taiwan's only MW-class offshore wind turbine blade manufacturer. The company's core product portfolio centers on the V174-9.5MW wind turbine blade (85m length, 35 tons), supported by blade mold research and manufacturing capabilities, blade efficiency improvement services, and blade maintenance and repair (O&M) services. As the only offshore wind turbine blade factory outside Europe for Vestas, the company operates from its 21-hectare Taichung Port facility with an annual production capacity of 60 WTG units (180 blades at full capacity).

Differentiator

Problem solved

Functional benefit

Products and services

• V174-9.5MW Wind Turbine Blade Offshore wind turbine blade manufactured for Vestas V174-9.5MW wind turbine generators. At 85 meters in length and 35 tons in weight, it is currently the world's largest commercially available offshore wind turbine blade. Produced under technology licensing from Vestas at Tien Li's Taichung Port facility.
• Wind Turbine Blade Molds Research, development, and manufacturing of blade molds (tooling) used in the production of wind turbine blades. Supports the blade manufacturing process with specialized tooling and equipment developed and certified under Vestas standards.
• Blade Operations and Maintenance Services Wind turbine blade maintenance, repair, and operations services. Provided directly and through a joint venture with Swire Renewable Energy covering Taiwan and Asia-Pacific markets. Includes blade inspection, repair, and lifecycle maintenance for installed offshore wind turbines. ISO 9001/14001/45001 certified.
• Blade Maintenance Training Services GWO-standard blade maintenance training delivered in partnership with Taiwan Wind Training Company. Addresses the shortage of local blade maintenance technicians and qualifies personnel for international blade repair markets.

Quantifiable outcome

• Produced Taiwan's first domestically manufactured offshore wind turbine blade, 2 years ahead of government schedule
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered major, core and minor.

• Taiwan Wind Training (台灣風能訓練股份有限公司/風訓公司)majorStrategic or Co-development Partner · 3 July 2025Training partnership signed July 2025 to address local blade maintenance technician shortage. GWO-certified training provider. Tien Li as Taiwan's only blade maintenance training company to train local technicians for international blade repair market.
• Swire Renewable Energy (太古再生能源)coreStrategic or Co-development Partner · 22 March 2024Joint venture signed March 2024 to establish joint venture for wind turbine O&M services in Taiwan and Asia-Pacific. Combines Tien Li's blade manufacturing expertise with Swire's mechanical, electrical and blade services capabilities. Swire acquired Altitec specializing in blade repair.
• Siemens Gamesa Renewable Energy (SGRE)coreStrategic or Co-development Partner · 1 February 2024MOU signed February 2024 for localized blade O&M services under Phase 3-2 offshore wind development. Tien Li to provide blade maintenance and repair services to meet localization requirements for Hai Long project.
• MVOW (Mitsubishi Vestas Offshore Wind)coreTechnology or Integration · 1 January 2018Signed blades manufacturing MOU in 2018. MVOW (now fully owned by Vestas) transferred complete blade manufacturing technology, equipment, and process standards to Tien Li. Strict Vestas factory design and equipment requirements imposed for technology transfer.
• VestascoreOEM/ Whitelabel/ Licensing PartnerLicensing partner for V174-9.5MW blade manufacturing. Tien Li is the only Vestas blade factory outside Europe. Receives technology, equipment standards, and process verification from Vestas.
• CIP (Copenhagen Infrastructure Partners)coreStrategic or Co-development PartnerKey customer driving Taiwan blade localization. Ordered blades for Changfang and Xidao offshore wind farms. Exceeded government localization requirements by 2 years through coordinated ordering strategy.
• Taiwan Team (離岸風電台灣隊)majorStrategic or Co-development PartnerConsortium formed with Swancor Renewable Energy (上緯新能源), Clouding Energy (雲豹能源), and Yunguan Energy (永冠能源) for Taiwan Phase 3 offshore wind block development. Planning Formosa 4 (fixed foundation) and Formosa 5 (floating platform) wind farms with up to 3GW capacity.
• Swancor International (上緯國際)minorOthersTaiwan domestic supplier of carbon fiber and resin materials for blade manufacturing. Key local supply chain partner enabling blade localization.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Zhuzhou Times New Material Technology (TIMR): China-based manufacturer of wind turbine blades and composite materials, including large-format carbon fiber blades. Comparable to Tien Li in offshore-grade composite blade manufacturing and APAC localization strategy.
• TPI Composites: Independent global manufacturer of composite wind turbine blades, supplying multiple OEMs across onshore and offshore. Comparable to Tien Li as a blade-only manufacturer leveraging OEM licenses and producing large-scale MW-class blades from dedicated plants.
• LM Wind Power: Major independent wind blade manufacturer (a TPI Composites company), with global blade plants and long-standing OEM partnerships (GE, Vestas, SGRE). Most directly comparable to Tien Li in blade-only focus and offshore-grade composite technology.
• Mingyang Smart Energy: Chinese offshore wind OEM with vertical blade production. Comparable to Tien Li as a vertically integrated offshore turbine and blade manufacturer pursuing localization across Asian offshore wind markets.
• Sinoma Science & Technology: China-based composite blade and wind power materials manufacturer supplying domestic and APAC OEMs. Comparable through large-format composite wind blade manufacturing and localization-driven volume play in neighboring offshore wind markets.

Broad incumbents

• Siemens Gamesa (Siemens Energy): Tier-1 offshore wind OEM; Tien Li's partner for localized O&M on the Hai Long project. Comparable as the broader incumbent OEM offering full turbine systems that consume Tien Li's downstream blade and service work.
• Vestas Wind Systems: Global wind turbine OEM and Tien Li's licensor for the V174-9.5MW blade. Comparable as a broader incumbent in offshore wind systems while also being the parent IP and contract counterparty behind Tien Li's manufacturing.
• GE Vernova: US-based offshore wind OEM (Haliade-X platform) with broad renewables portfolio. Comparable as a global incumbent likely to source blades and O&M services in APAC markets where Tien Li could seek cross-OEM optionality.

Regional players

• Nordex: Europe-headquartered wind turbine OEM with strong onshore presence and growing offshore ambitions. Tangentially comparable as an alternative offshore OEM Tien Li could target for blade supply or O&M partnerships in Europe-adjacent markets.

Emerging players

• Bladena: Specialist blade service and structural engineering firm focused on blade O&M, repair, and life-extension. Comparable to Tien Li's growing O&M business and its Swire JV, but without manufacturing scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/100090690355687
• LinkedInlinkedin.com/company/prime-chemicals-international-co.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TIEN LI OFFSHORE WIND TECHNOLOGY CO LTD