Pacific Radiance Ltd. (SG:RXS) has released an update.
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Pacific Radiance Ltd. has announced the successful delivery and operation of the hybrid-ready vessel Prosperous Three to Siemens Gamesa for offshore wind projects in Taiwan, emphasizing the company’s dedication to renewable energy. In anticipation of increased demand in the offshore wind sector, a new vessel, Prosperous Five, has been commissioned for future Siemens Gamesa contracts, with the total value of current contracts exceeding USD 8 million. This aligns with regional growth in renewable energy use and Pacific Radiance Ltd.’s strategy to invest in specialized vessels for the expanding industry.
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