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URE introduces Taiwan manufacturing facility disposal
Renewable Energy (URE), a Taiwan-based solar cell and module manufacturer, revealed the disposal this week of its Jhunan Kebei producing center, as part of
Jul 18, 2020 // Manufacturing News, Taiwan, Jhunan Kebei
Taiwan's Largest Floating Solar Project Completed Successfully
& Terre Taiwan, in partnership with HEXA Renewables, has completed a floating solar project in Taiwan's Changbin Industrial Park. The project,
Feb 22, 2024 // Plants, Large-Scale, Commercial, Floating PV, Taiwan, PV Power Plant, Ciel & Terre Taiwan, HEXA
Energy Taiwan 2019 Talk: JNV Solar Power
added its name to the service providers working to seize the window opened by Taiwan’s solar ambitions, PV Tech heard at last month’s Energy
Nov 1, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Inverters, pv inverters, Huawei, Taiwan, jnv, Leanne Wong
Taiwan toasts startup of major solar farm
Vena Energy, together with the Taiwanese President, is celebrating the commercial startup of the island's largest solar farm.
The 272MW E2 solar farm will
Apr 24, 2023 // Plants, Large-Scale, Commercial, Taiwan, solar farm
Taiwan Eyes Cheaper Renewable Energy Imports From Neighbors
Taiwan is exploring the possibility of importing renewable energy from nearby countries such as the Philippines and Japan to meet its manufacturing needs. Minister of Economic Affairs J.W. Kuo stated that purchasing green power abroad could be more cost-effective than generating it domestically. The imported electricity would be transmitted back to Taiwan via submarine cables, contributing to the island's transition away from fossil fuels and the shutdown of its nuclear power plants.Taiwan's plan aligns with other Asian nations, like Singapore, which aims to import solar energy from Australia. Kuo emphasized that Taiwanese firms, rather than solely state-controlled Taipower, would likely spearhead the development of renewable projects abroad, signaling a shift toward sustainable energy solutions.
How is Taiwan planning to enhance its renewable energy capacity through international imports?
Here is an expanded look at Taiwan's plans to enhance its renewable energy capacity through international imports:
Diversification of Energy Sources: Taiwan aims to diversify its energy sources by considering imports from various countries, thereby reducing reliance on domestic fossil fuels and increasing energy security.
Strategic Partnerships: The Taiwanese government is actively seeking strategic partnerships with neighboring countries, like the Philippines and Japan, which have abundant renewable energy resources. These partnerships may lead to collaborative projects in solar and wind energy generation.
Transmission Infrastructure: To facilitate the import of renewable energy, Taiwan plans extensive investments in submarine cable technology. This infrastructure will help efficiently transmit green electricity across the waters, ensuring a stable and reliable energy supply.
Cost-Effectiveness Analysis: Economic assessments conducted by the Ministry of Economic Affairs have indicated that importing renewable power might provide a cheaper alternative compared to the long-term costs of local green energy production.
Supporting Local Economies: By engaging Taiwanese firms in development projects abroad, the initiative could create job opportunities and stimulate local economies, promoting a thriving renewable energy industry within Taiwan.
Regulatory Framework: The government is likely to establish clear regulatory frameworks to facilitate these international energy imports, ensuring compliance with environmental and safety standards.
Research and Development Collaboration: The energy import strategy may foster research and development collaborations in renewable technologies, potentially leading to innovations that benefit both Taiwan and its partner nations.
Sustainability Goals Alignment: This plan aligns with Taiwan's broader sustainability goals, which include a commitment to reduce greenhouse gas emissions and enhance energy sustainability by 2025.
Public and Private Investment: To support international capacity building, Taiwan's government may encourage both public and private sectors to invest in and participate in cross-border renewable energy projects.
Regional Energy Grid Integration: Taiwan's efforts can contribute to the formation of a regional energy grid in Asia, connecting multiple countries for mutual benefits in renewable energy distribution and consumption.
Long-term energy transition: The focus on international imports is part of Taiwan's long-term energy transition plan, aiming to phase out nuclear power by 2025 and achieve a significant portion of energy needs from renewable sources by that date.
Promoting Energy Resilience: Importing renewable energy will enhance Taiwan's energy resilience, particularly in the face of natural disasters that can disrupt local energy production.
Through these comprehensive strategies, Taiwan is not only seeking to enhance its renewable energy capacity but also positioning itself as a proactive participant in regional energy markets.
Oct 15, 2024 // Markets & Finance News, Taiwan
WPD begins deal with Taiwan solar hat-trick
is to start building of 3 solar projects in Taiwan.
Until now, the Bremen-based project developer and driver of wind and also solar parks has actually executed
Aug 25, 2021 // Plants, Large-Scale, Commercial, Taiwan, PV Power Plant, Solar Park, Wpd
Air Products, Tatung Sign Solar Energy Pact in Taiwan
signed a ten-year power purchase agreement (PPA) with Tatung Forever Energy in Taiwan to source solar energy for its local operations. The agreement, initiated by
Aug 29, 2024 // Plants, Large-Scale, Commercial, Taiwan, Air Products
Malaysia solar team partners on 500MW in Taiwan
clean power expert Solarvest Holdings Berhad through its wholly-owned Taiwan subsidiary has actually signed a memorandum of understanding (MoU) with
Oct 29, 2021 // Markets & Finance News, Malaysia, Asia, Taiwan, Davis Chong Chun Shiong
URE to build 193 MW solar park in Taiwan
Taiwan’s United Renewable Energy (URE) has announced that it build a 193 MW solar project near Tainan, on the island’s southwest coast.
The solar panel supplier said that it will ship the PV modules for the installation in the first half of 2020. Upon completion, the facility will be Taiwan’s largest ground-mounted PV plant, it claimed, without disclosing any other financial or technical details about the project.
Due to recent restrictions on the acquisition of land for large-scale PV projects in Taiwan, which pv magazine reported about last week, the authorities have deferred several schemes for big solar parks this year. However, URE believes that several of these large projects may be developed in 2020, as they could end up being key to achieving the government’s installation target of 2.2 GW for next year.
Taiwan’s cumulative installed PV capacity stood at just 3.32 GW at the end of August, URE said, citing statistics from state-owned utility Taiwan Power Co. Figures from the International Renewable Energy Agency, meanwhile, show that the island’s cumulative installed PV capacity had reached 2.62 GW by the end of last year, suggesting that roughly 706 MW was installed in the first eight months of this year. The Taiwanese government had hoped to reach 1.5 GW in 2019, but it appears that actual development is lagging far behind its ambitions.
The government unveiled its targets for 2019 and 2020 in September as part of its two-year Solar PV Promotion Plan, which is an extension of the 2017-2018 strategy that was launched in 2016. Taiwanese Premier Su Tseng-chang said at the time that the government expected around 3.7 GW of new solar capacity by 2021. The government projects that PV installations will reach 20 GW in 2025, with coming 3 GW from rooftop PV and 17 GW from ground-mounted systems.
Dec 3, 2019 // Plants, Large-Scale, Commercial, Taiwan, URE
Toshiba and ITRI Partner for Taiwan's VPP Development
and Taiwan's ITRI signed an MoU to collaborate on VPP opportunities in Taiwan. The partnership aims to enhance the stability of the country's power
Jul 18, 2024 // Markets & Finance News, Taiwan, Toshiba, ITRI
Lightsource BP to develop aquaculture PV plant in Taiwan
on the co-development of a 150MW project co-locating solar with aquaculture in Taiwan.
The Budai project will certainly be one of the biggest fishery solar farms
May 16, 2022 // Plants, Large-Scale, Commercial, Lightsource BP, Taiwan, PV Power Plant
Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan
Energy has revealed a critical partnership with Rich Electric, a Taiwanese battery-based energy storage systems player, where the two business will deploy a
Jul 5, 2022 // Storage, BESS, Taiwan, TaiPower, Eric Chen, Fluence Energy, Jan Teichmann, Power Grid, Rich Electric
Solargiga’s Taiwan shares to be de-listed
has triggered a de-listing of the 3.65% of the company stock traded on the Taiwan Stock Exchange.
Taiwan Depositary Receipts (TDRs) listed on
Oct 2, 2019 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Solargiga, Eric Luo, Taiwan, GCL System
Taiwan's Changbin 3 & 4: Floating Solar Success
Renewables and Ciel & Terre Taiwan have completed an extension to a floating solar farm in Taiwan, located in the Changbin Industrial Park in
Feb 20, 2024 // Plants, Floating PV, Taiwan, PV Power Plant, Hexa Renewables, Ciel & Terre Taiwan
Taiwan solar to become rapid-growth market despite FiT cuts
Taiwan is expected to become one of the fastest-growing solar markets worldwide despite this year’s feed-in tariff (FiT) reductions, according to a new report, but a local developer has challenged the document's conclusions about the impacts of global PV module supply.
The publication from analyst firm Fitch Solutions said that local developers would be able to capitalise on a solar equipment supply glut from China. However, Andy Tang, chairman of New Green Power, told PV Tech that Taiwanese firms are tending to buy from domestic suppliers instead.
Taiwanese regulations restrict developers from buying modules made in China, said Tang, however, this does not apply to modules made by Chinese firms in other countries like Thailand and Malaysia in Southeast Asia. Nonetheless, using locally-made modules that have a Voluntary Product Certification (VPC) gives developers access to an additional 6% bonus to their feed-in tariff (FiT).
The VPC is awarded to high-efficiency cells and modules in Taiwan via a testing regime.
“Most Taiwanese investors are willing to use VPC modules, which are made in Taiwan at the moment even though offshore products are way cheaper - US$6-7 cents lower or even US$8 cents lower - they are still willing to use from Taiwan.”
Fitch Solutions’ report said that module overcapacity in China, caused by solar tariffs brought in by the major demand markets of India and the US, will continue to put downward pressure on PV pricing worldwide, as it has done over the last two years already.
It claimed that this has given Taiwan greater access to cheaper equipment and therefore improved conditions in which to develop solar projects. Tang agreed that import prices from Southeast Asia will see a decrease, but repeated that most projects in Taiwan use locally sourced equipment.
In terms of numbers, Taiwan plans to deploy another 3.7GW of solar by the end of next year under its PV promotion plan for 2019-2020. This follows a bumper September 2019, which included the switching-on of a 70MW solar project by Vena Energy and generation from PV reaching an all-time high in the country, Fitch stated in its report.
Although investor interest in both offshore wind and solar power was negatively impacted slightly by the cut in FiT rates earlier this year, Fitch believes that this will be offset by the falling technology costs. This would then allow Taiwan’s non-hydro renewables outlook to remain bright with 21GW to be installed over the next decade up to 2028.
Andy Tang's forecast was similar: “The market here is growing very fast and we believe next year is around 2GW [deployment] at least."
Fitch Solutions analysts claimed that the current government’s focus on eliminating nuclear power will remain strong despite some level of public support for the technology. This willpower will, in turn, pave the way for solar and offshore wind.
“This is reinforced by our Country Risk team’s view that incumbent President Tsai Ingwen, who has reaffirmed her opposition to nuclear power, will retain her presidency in the upcoming January 2020 General Elections," the report stated.
Oct 3, 2019 // Manufacturing News, Markets & Finance News, China, Asia, Taiwan, nuclear, vpc, Andy Tang, New Green Power, Tsai Ingwen