Japanese party enters 55-MW integrated aquaculture solar project in Taiwan

• Japanese power manufacturer Erex Co Ltd (TYO:9517) revealed last week it is among five companies participating in an incorporated aquaculture and solar energy generation project of 55 MW in Taiwan.

Erex is buying WG Manies Solar Energy Co Ltd along with a regional system of Kyudenko Firm (TYO:1959) as well as JA Mitsui Leasing Ltd, Chuo-Nittochi Co Ltd as well as Manies Investment Co Ltd

The project concerned is being collectively established with Taiyen Green Energy Co Ltd (TGE), a subsidiary of salt producer Taiyen Biotech Co Ltd (TPE:1737). Manies Investment is serving as the project supervisor together with a local company, and TGE supervises of the growth tasks such as acquiring permits and also authorizations.

Planned to become operational in 2024, WG Maines' output will certainly be offered to Taiwan Power Company for a 20-year period, based on authorization under the neighborhood feed-in tariffs (FiT) regime.

The Taiwanese federal government strategies to have 30 GW of solar energy by 2030, with some 4 GW created through solar installations on aquaculture ponds by 2025, Erex noted.