PV going private in Taiwan
To date, the majority of Taiwan’s solar projects have sold power into the grid, with developers signing 20 year PPAs with the island’s utility Taiwan Power Company (Taipower). But new regulations now aim to make private power purchase agreements (PPAs) a more attractive option for PV developers on the island.
The latest regulation updates, which passed among amendments to Taiwan’s Renewable Energy Development Act (REDA) in April, will not only require large power consumers to adopt renewables, but also give developers the option to switch to a Taipower PPA after signing a private PPA. They follow Google’s January announcement of the signing of a PPA …
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