Pacific Radiance Ltd. (SG:RXS) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Pacific Radiance Ltd.’s affiliate, Prosperous Wind Shipping Limited, in collaboration with Strategic Marine (S) Pte Ltd, has delivered an award-winning hybrid-ready vessel for Taiwan’s Yunlin Offshore Wind Farm, signifying a significant step in renewable energy advancement. The vessel, designed to enhance the efficiency and safety of offshore wind operations, has secured a USD3 million contract and is set to commence operations in April 2024. This move underscores Pacific Radiance Ltd.’s commitment to innovative solutions in the renewable energy sector, strengthening Taiwan’s position in sustainable energy initiatives.
For further insights into SG:RXS stock, check out TipRanks’ Stock Analysis page.