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
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
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
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 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
Taiwan's URE indicators 120 MW glass-glass bifacial module order
developer Ye Heng Power with 120 MW of PV components for a solar array in Taiwan's Changhua Coastal Industrial Park. Hsinchu-based URE stated that it will
Mar 12, 2020 // Manufacturing News, Markets & Finance News, pv modules, bifacial, Asia, Taiwan, URE, United Renewable Energy, Ye Heng Power
Taiwan wants 3.7 GW of new solar by 2021
Taiwanese prime minister Su Tseng-chang announced at yesterday’s cabinet meeting the government expects around 3.7 GW of new solar generation capacity before 2021. The ramped up deployment is being planned under a two-year Solar PV Promotion Plan for this year and next which is an extension of the 2017-2018 strategy launched in 2016. “The plan calls for increasing solar energy’s contribution to the nation’s generating capacity to 6.5 GW by 2020,” Tseng-chang said in an official statement. Taiwan had installed PV capacity of 2.8 GW at the end of last year, the government said. The authorities are planning for 1.5 GW of new solar to be deployed this year and 2.2 GW in 2020. Investment hope The government expects benefits of NT$222 billion (US$7.5 billion) in investment and business opportunities from the new two-year extension of the program, said the prime minister. The premier also cited the recent long-term power purchase agreement signed by Google with several Taiwanese energy companies for power generated by a 10 MW solar array. “As can be seen from these developments, Taiwan’s solar power program contributes tangibly to domestic electricity supply and has earned recognition from the international community for its long-term green energy industry efforts,” Tseng-chang added. Government plans project PV installations will reach 20 GW in 2025, with 3 GW from rooftop PV and 17 GW in ground-mounted systems. Last year Taiwan became a gigawatt solar market for the first time as its PV generation capacity rose more than 1 GW, according to market research company TrendForce. The analyst, however, said in April that this year could be a difficult one for solar in Taiwan, due to feed-in tariff (FIT) cuts announced by the government. Yesterday’s statement made no mention of the FIT payments to be applied this year and next.
Sep 27, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Asia, Taiwan, Su Tseng-chang
The 1.9 MWp Solar project in Taiwan is ready for commercial use
Certification. It was also stated that the solar modules were produced in Taiwan. This solar project is expected to produce 2,505 MWh of solar energy
Dec 24, 2019 // Plants, Large-Scale, Commercial, Canadian Solar, solar pv, Taiwan, Dr. Shawn Qu, Solar Power Plant, TaiPower
Authorities of Taiwan introduce new solar tariffs
Taiwanese Bureau of Energy reveals a draft FIT scheme for PV plants. The new tariffs are expected to become valid starting from January. Earlier, the bureau has announced its plans for reduction of green power incentives. The lowest feed-in tariff, 0.13USD per kilowatt-hour, will apparently apply to utility-scale installations. This will constitute a 2.2-percent decrease compared to the existing tariff. The highest tariff of 0.19USD will relate to small (up to 20-kilowatt) photovoltaic systems for home use, which means the existing tariff will be decreased by 0.34 percent. Yilan-, Hualien-, and Miaoli-based solar projects will be granted with a 15-percent increase. Those based on highly efficient modules will be rewarded with a 6-percent bonus. For the installations developed under the program of Green Energy Roof, the tariff will be increased by 3 percent. Scheduled deadlines According to authorities of Taiwan, the new tariff system has to get approval by the turn of the year. In 2018, the country’s solar market expanded to gigawatt scale. But in spring of 2019, the local analytical firm predicted a challenging year for the country because of the coming incentives reduction. Three months ago it was announced the authorities of Taiwan expected about 3.7 gigawatts of new photovoltaic capacity to be installed by 2021. A year ago, there were 2.8 gigawatts of PV generation capacity installed in the country. New 1.5 gigawatts are expected to be developed by the end of 2019, and another 2.2 gigawatts – during the year to come.
Dec 10, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, PV plants, Taiwan, Bureau of Energy
Top officials trumpet 20GW-by-2025 solar goal as Energy Taiwan kicks off
Taiwan will try and use its leverage as a global electronic and manufacturing hotspot to engineer a multi-gigawatt clean energy boom, government figures have said as they kickstarted this year’s edition of Energy Taiwan. President Tsai Ing-wen and Economic Affairs minister Shen Jong-Chin were among the top officials talking up Taiwan’s renewable credentials as they helped launch the conference in capital Taipei, attended by PV Tech. In his address, minister Jong-Chin reiterated his government’s commitment to Taiwan’s 20%-by-2025 renewable target. The plan assigns solar a central role, setting out installed capacity goalposts for 2020 (6.5GW) and 2025 (20GW, or two-thirds of the renewable fleet that year.) “This is a wonderful platform for global buyers to understand Taiwan’s industries,” the minister added, as the first attendee crowds started milling through the rows of exhibitor stands at the Taipei Nangang Exhibition Center. Speaking after him, president Tsai Ing-wen anticipated what she termed “one trillion investment” ambitions on Taiwan’s part. The funding will unlock a shift in energy consumption that could create 30,000 jobs, said Tsai, who became Taiwan’s first female president after her election in May 2016. The head of state underscored Taiwan’s “very favourable conditions” for clean energy developments and had words for solar’s increasingly central role. “This year, especially in the summer time, we’ve actually seen a big contribution from PV to our power supply,” Tsai remarked. Taiwan eyes energy storage after taking PV to maturity The linking of Taiwan’s renewable fortunes with its broader economic ambitions was apparent throughout the conference’s opening session. Tsai explicitly associated the two as she labelled green energy a “very important vector” for the island as it eyes the next phase of economic growth. The president and some of her fellow co-speakers used the Taiwan summit launch to trumpet the position of the island – predicted to become this year the fastest growing of the so-called Asian Tigers, overtaking South Korea, Hong Kong and Singapore – as a manufacturing and electronics hub. Economic Affairs minister Shen Jong-Chin conveyed hopes that technology firms – including Microsoft, Facebook and Amazon – will be relocating to Taiwan in greater numbers, while Tsai boasted of the current “strengths” of the island’s semiconductor and Internet of Things ecosystems. Terry Tsao, president of semiconductor association SEMI Taiwan, spoke afterwards of Taiwan’s PV milestones to date. The island enjoys today a “complete PV supply chain”, he said, noting that “many bottlenecks” have been overcome since SEMI Taiwan set up a first PV-dedicated committee in 208. Tsao, who is also chief commercial officer at the trade body, said Taiwan must next set sights on nurturing an “integrated renewable market”. The island should follow its success building a “mature” PV ecosystem by creating supply chains for energy storage and wind power, he said. New segments aside, teamwork will be central to Taiwan’s clean energy campaign, Tsao said. “The government, the public and private sectors, the research community, we all need to work hand in hand,” he remarked. “Such a collaboration is conducive to the future development of the industry.” Upstream players adjust to era of Chinese dominance The ultimate success of Taiwan’s clean energy ambitions remains uncertain. Home to 3.3GW of installed PV capacity in May 2019, the island appears keen to boost its downstream solar ecosystem, in hopes that the move will foster a local market for its struggling manufacturers. The government’s campaign to breathe new life into the sector – battered after years of competition against rivals in mainland Asia – was explored at length by a recent PV Tech Power Feature, which asked upstream players to spell out how their strategy has shifted after years of downturns. Some, including the Taiwan Solar Energy Corporation (TSEC), told this publication they have adapted by moving away from one of Taiwan’s hitherto trademark PV specialisms – cell making – and onto the production of modules, targeting Taiwanese downstream buyers. Approached on the sidelines of Energy Taiwan 2019 today, PV manufacturers detailed how they had adjusted to Chinese dominance. For instance, AUO SOLAR explained it had shifted from pure-play module-making to become a fully integrated player, from wafer to actual project development. The upstream talk came as some at the event wondered whether the downstream PV goals will be hindered by certain of Taiwan’s structural weaknesses, chiefly land scarcity – the country is among the world’s most densely populated – and low power prices. In analysis released two weeks ago, consultancy Fitch Solutions appeared optimistic. According to the firm, Taiwan’s recent feed-in tariff downsizing will not stop the island from becoming one of the world’s fastest growing PV markets, with roll out of at least 2GW expected next year.
Oct 16, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Storage, Policy, pv modules, Asia, policy and regulation, Taiwan, energy taiwan, module manufacturing, auo, Shen Jong-Chin, Tsai Ing-wen, TSEC
Energy Taiwan 2019 to chart momentous journey of island’s solar market
embarks on a multi-gigawatt renewable transformation by 2025. Energy Taiwan 2019 will explore the current prospects for the territory’s clean energy
Sep 27, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar to Fuel, pv power plants, Asia, Taiwan, energy taiwan, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Constraints for solar on farming land may slow PV growth in Taiwan
Taiwanese market research business TrendForce has stated just 410 MW of solar capability was added in the initial five months of the year in the nation, for a typical monthly figure of only 82 MW of brand-new solar. By comparison, an average of 130 MW of solar was included each month last year, for an overall 1.6 GW as the country reached a cumulative 3.7 GW. TrendForce specified: "The existing progress of downstream PV system installation in Taiwan is substantially dragging the 2.2 GW yearly-installed-PV-capacity targeted by the Bureau of Energy, Ministry of Economic Affairs in 2020. For Taiwan to get to the yearly target, an additional 250 MW of PV capacity need to be set up monthly, typically, from June to December. This amount is highly not likely to be possible." TrendForce claimed brand-new restrictions on solar park growth on agricultural land, introduced by the Council of Agriculture this month, can further slow down the huge range segment of the PV market. Under the new regimen, tasks covering more than 2ha must be accepted by the council instead of local government entities. "The legal adjustments made by the Council of Agriculture are currently significantly a lot more rigid on PV projects than [in] the past," claimed TrendForce. Module shipments The market research company reported PV module shipments in Taiwan completed around 1 GW in the very first half. The analysts said the numbers included considerable shipments postponed last year as well as carried over right into the very first fifty percent of 2020. "In addition, module producers were asked to deliver advancement shipments in 1H20 in order for certain big range PV jobs to make their 2H20 grid-connection deadlines," TrendForce included. The Taiwanese module market is controlled by the 3 largest residential panel makers, according to TrendForce: URE, AUO and Tsec. "Also worth keeping in mind, is that Motech entered the top five checklist for the first time, likely due to the fact that it had the ability to capture big scale PV job orders from job developers," included the expert. U.K.-based market research company GlobalData has actually approximated Taiwan will include 20 GW of solar over the next 6 years, with 17 GW of ground-mounted projects as well as roof installments comprising the balance.
Jul 29, 2020 // Markets & Finance News, Taiwan, TrendForce
I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni
is a devoted solar advancement, building as well as running business in Taiwan. The firm, having the biggest solar profile in Taiwan, is a
Feb 27, 2020 // Markets & Finance News, Taiwan, solar plant, marubeni corporation, Amplus Solar, Chenya Energy, Cube Hydro, Gautam Bhandari, I Squared Capital, Kendall Green Energy, Lincoln Clean Energy
JRE enters Taiwan with 1.8-MW solar plant acquisition
stated that the acquisition, made with its local subsidiary JRE International Taiwan Corporation, represents its initial abroad initiative. The photovoltaic or pv
Mar 5, 2021 // Plants, Large-Scale, Commercial, Taiwan, PV Power Plant, JRE
I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni
Chenya Energy is a devoted solar growth, building and also running system in Taiwan as well as was a wholly-owned subsidiary of Asia Cube Energy, a pan-Asian
Apr 23, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Marubeni, Taiwan, International, Chenya Energy, Gautam Bhandari, I Squared