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Lightsource bp expanding into Asian solar markets as 25GW strategies development
in search of that purpose. Asian solar markets, consisting of the likes of Taiwan, Vietnam, Singapore as well as Korea, are to form part of that bigger
Feb 24, 2022 // Markets & Finance News, Lightsource BP, Asia, Nick Boyle
Hecate Energy Sells 514 MW Solar Plant to Tokyo Gas America
solar development, building and construction and also operating platform in Taiwan and was a wholly-owned subsidiary of Asia Cube Energy, a pan-Asian sustainable
Jul 30, 2020 // Plants, Markets & Finance News, USA, Texas, pv power plants, North America, hecate energy, solar plant, Tokyo Gas, International, Gautam Bhandari, Tokyo Gas America
I Squared Capital to divest renewable system Grupo T-Solar for $1.8 bn.
April, I Squared Capital closed the sale of its solar system Chenya Energy in Taiwan to Japanese business Marubeni. As an entirely possessed subsidiary of Asia
Dec 16, 2020 // Markets & Finance News, I Squared Capital, Grupo T-Solar, Cubico Sustainable Investments, Mohamed El Gazzar
China's Solar-Shrimp Power: 1 GW & 1.5M Homes
mirrored in other countries around the world, with similar projects in India, Taiwan, Vietnam, Philippines, and Indonesia. Lightsource BP, the renewables and solar
Jul 31, 2023 // Plants, China, Asia
Solarvest wins contract for 17-MW solar project in Malaysia
in two months, Solarvest also anticipates to secure jobs in markets such as Taiwan and the Philippines in the near
Aug 12, 2021 // Plants, Large-Scale, Commercial, Malaysia, Asia, Solar Project, Solarvest
EC gets rid of Asia-Pacific solar endeavour of ib vogt, Ayala's ACEN
their operations will concentrate on the marketplaces of Singapore, Taiwan and also the Philippines. In April 2022, ib vogt and ACEN announced an
Jun 8, 2023 // Plants, ib vogt, ayala, EC, ACEN
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific
solar dominates, representing 82% of contracts. The situation is reversed in Taiwan, where wind, particularly offshore wind, has swiftly end up being the leading
Nov 10, 2022 // Markets & Finance News, Market Research, UTILITY-SCALE SOLAR, LCOE, Cleantech Solar, ReNew Power, onshore wind, Amplus, Corporate PPA market, corporate renewable power purchase agreements, decarbonisation targets
Skepticism hangs over Taiwan’s ambitious solar growth roadmap
Taiwan’s government risks failing to make good on solar growth pledges unless it acts to clear structural hurdles such as land shortages, industry operators have warned at Energy Taiwan 2019. The 20GW-by-2025 installed PV capacity target touted by top officials as they opened the Taipei conference on Wednesday dominated the talk in the hours that followed, becoming a recurring theme of conversations at exhibitor stands. Speaking to visiting reporters, various component manufacturers linked a rise in orders from Taiwanese downstream players to the solar goal, adopted in 2016. Frank Lu, vice chair of PV cabling and connector supplier KS Terminal, reported a jump in domestic customers. AU Optronics (AUO) Corporation, formerly a pureplay PV maker but today also a developer, claimed to have seen benefits from the 20GW target on the upstream front – with domestic orders on the rise – but also the downstream, amid claims ground-mounted growth will kick in in one or two years. Daniel Lee, special assistant at Taiwanese PV body TPVIA, told journalists the current government can be counted on to remain a solar champion. The upcoming decommissioning of Taiwan’s decades-old nuclear fleet has fuelled president Tsai Ing-wen’s interest in PV, he said. According to Lee, political support will likely not waver whatever the outcome of next year’s presidential polls, set to pit reelection-seeking Ing-wen versus opposition hopeful Han Kuo-yu. The latter has yet to produce a manifesto but will likely not oppose the clean energy agenda, Lee said. Short-term roll-out expectations dampen Judging by the Energy Taiwan 2019 conference floor talk, however, the positive response to the 20GW-by-2025 target does not correlate with unwavering faith that it will be delivered within six years, as the government intends. Views diverged between AUO’s Energy Business vice president SH Liao – who described the goal as “challenging but doable” – and Alan Lin, a director at energy and technology group TATUNG who works on corporate marketing and overseas business development. “As of June this year, the total installed capacity is 3.4GW so you can see the gap with [the 2025 target]. Either the private sector gets more aggressive, or the government gives more incentives, or it will be difficult,” said Lin, speaking from his firm’s exhibitor stand. Max Lin, a project manager at TATUNG’s solar unit TATUNG Forever Energy, responded with a “no” when asked whether Taiwan’s 20GW solar ambitions will materialise by 2025. Addressing land scarcity will require “more time”, said Lin as he walked reporters through his firm’s PV portfolio. The government may plan to roll out 3.7GW of PV in 2020 but TPVIA’s Lee said his association expects a 1GW figure, or 500-to-800MW based on the most conservative forecasts. He admitted these roll-out rates are driving some to questioning whether 20GW-by-2025 is attainable. “Why not more? Based on my understanding, it’s not about policy nor feed-in tariffs, it’s about human nature,” he argued. “Frankly speaking, when investors come to me and say they're looking at a 10MW project my answer is – well, we'll need to speak to the landowner.” Squeezing 20GW of PV on a jam-packed island That Taiwan’s solar ambitions may be undone by a single conundrum – can a small, densely populated and topographically complex island find space for a 20GW solar power fleet – was a premise that loomed over much of the discussions with industry players. The government, TPVIA’s Daniel Lee pointed out, is working to alleviate the shortage by releasing some of the land it owns. However, he added, the fact remains that the majority of sites are still in the hands of individuals PV developers must negotiate with. Exactly how tricky the interaction can be was illustrated by a utility-scale PV project TATUNG Forever Energy is looking to deploy in the Tainan area. As Max Lin noted, the 130MW scheme cannot go ahead until all 30 landowners involved agree to sell, with only one-in-two swinging in favour so far. According to Lin, his firm has filed “many applications” for the project but has yet to secure the go-ahead from the central government, even if local authorities have already given their green light. “We’ve put so much money, people on the ground,” Lin said. “This is a political issue.” As several industry operators noted, land-deprived PV players might be wise to set their sights on different targets. Some mentioned contaminated farming land – typically easier to procure – while others pointed at, and claimed to be working on, floating solar projects. From TATUNG’s 27.12MWp project to AUO’s 6MW venture, the projects going down the floating route are on the rise. “Where two years ago there weren’t many projects, today we think there is a market for [PV-powered} irrigation, but it will stil require regulatory change,” said Alan Lin.  Costs in the land of typhoons and low power prices Another question doing the rounds at Energy Taiwan 2019 was whether the economic fundamentals are there for Taiwan to install over 16GW of solar within six years. According to TPVIA’s Lee, cost drops have already driven some in the country to rethink perceptions of PV as an expensive venture. Despite this year’s feed-in tariff (FiT) cuts, solar projects still enjoy 20-year payments of around 13-15 dollar cents per kWh. The rates are even higher for small rooftop projects (18 dollar cents), floating plants (up to 16 cents) and enjoy a further 6% boost if plants use local, certified modules. For solar ventures, a complication lies however in Taiwan’s low power prices, a circumstance some conference attendees attribute to government intervention. Change is afoot, however: Economic Affairs minister Shen Jong-Chin was quoted in March anticipating rises of up to 29% by 2025. KS Terminal’s Frank Lu believes the prediction will come to pass. “I think prices will rise very quickly,” he told reporters. “They have to, because they are too low. Government tried to interfere in the past because our income is not as high as other countries.” Another of Taiwan’s trademark features – its exposure to severe earthquakes, typhoons and other natural hazards – can also impact the economics of solar plays. According to Tatung’s Alan Lin, this is a factor that directly impacts firms’ work on the ground. “In Taiwan we’ve got very good resources for renewables but also unpredictable conditions due to natural hazards, which raises costs,” he said. “When you do rooftops, for instance, they have to be subjected to thorough testing.”
Oct 17, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Policy, Floating PV, Asia, Taiwan, energy taiwan, solar target, auo, tatung, ks terminals, tpvia, Daniel Lee, Alan Lin, Frank Lu
BIPV panels covering an entire building in Taiwan
a building-integrated photovoltaic (BIPV) system on a structure had by Taiwan's state-owned power energy Taipower. " We cladded the entire façade
Jan 19, 2022 // BIPV, Taiwan, BIPV panels, MVRDV, Winy Maas
India starts anti-dumping probe right into solar imports
solar items right into the country were China, Thailand, Vietnam, Malaysia and Taiwan. Mercom explained the jump in imports with improved demand because of the
May 17, 2021 // Markets & Finance News, Policy, India, Asia, ISMA
Meyer Burger reorganizes organization tasks in Asia
on the Shanghai and Singapore sites in the future." The existing websites in Taiwan, Korea and also Malaysia will be ceased, as well as the Shanghai website will
Jul 28, 2021 // Manufacturing News, Markets & Finance News, Asia, Meyer Burger Technology
Financial close for 181 MW floating PV plant in Taiwan
Taiwanese solar project developer Chenya Energy Carbon monoxide Ltd has actually protected NT$ 7.2 billion (US$ 239 million) for a 181 MW floating solar project at the Changhua Coastal Industrial Park, in the Changbin Lunwei East area of the island. The cash was offered by residential lending institutions KGI Bank, Bank Sinopac, E.Sun Commercial Bank and also First Commercial Bank together with Singaporean company DBS Bank, Japanese establishment Sumitomo Mitsui Banking and also France's Societe Generale. "For the very first time, Taiwan's federal government financial institution [First Commercial] straight taken part in Taiwan's international-standard, big range project funding credit score instance," claimed Chenya, which Japanese empire Marubeni Corp introduced strategies to get in February. Project conclusion has actually been set up for this year at Changbin and also the solar plant can come to be the biggest floating PV installment on the planet. In December, Taiwanese solar module manufacturer United Renewable Energy introduced strategies to construct a 193 MW ground-mounted solar project near Tainan, on the island's southwest shore. Nevertheless, the country experiences a lack of land for huge range PV projects. The Taiwanese federal government intends to mount 20 GW of solar by 2025-- consisting of 3 GW of roof installments. Premier Su Tseng-chang lately stated the federal government anticipates around 3.7 GW of brand-new solar ability by following year.
Apr 23, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, floating PV, Taiwan, Chenya Energy Co Ltd
Canadian Solar partners with Macquarie for Japanese PV push
projects in markets such as Japan, Western Europe, the US, Canada, Mexico, Taiwan, Australia as well as New
Feb 17, 2021 // Markets & Finance News, Japan, Canadian Solar, Asia, Macquarie Group, Shawn Qu, Japan Green Infrastructure Fund, JGIF
Blueleaf Energy gets in the Indian market with the procurement of Vibrant Energy
including over 500 MW in the Asia Pacific area. The activities are focused on Taiwan, South Korea, the Philippines, Vietnam and also Malaysia, and also across
Dec 3, 2020 // Markets & Finance News, India, Asia, Blueleaf Energy, Vibrant Energy
Heraeus develops item and also sales collaboration in Asia for 'Selectively Coated Ribbon'
new deal means manufacturing as well as sales for landmass China, Taiwan, Korea, and other markets in the region will certainly be handled by YourBest.
Jun 1, 2020 // Manufacturing News, Markets & Finance News, China, pv modules, c-si manufacturing, Asia, solar cell, heraeus photovoltaics, string ribbon, yourbest, Albert Lu, Xiao Feng