“The FIT rates have been divided into three phases in 2022, and are based on capacity size and category,” the ministry said in a statement.
The FIT for ground-mounted projects over 1 MW will be ranging from NT4.0031 ($0.14) and NT3.8680 per kWh and that for floating PV arrays exceeding 1 MW in size will be between NT4.3960 and NT4.2612.
Residential installations ranging in capacity from 1 to 10 kW will be awarded a tariff between NT5.8952 ($0.21) and NT5.7848. PV systems with an installed power of 20 to 100 kW will be granted a FIT between NT4.5549 ($0.16) and NT4.4538.
Furthermore, installations ranging in size from 100 to 500 kW will be entitled to a FIT between NT4.0970 ($0.14) and NT3.9666. For projects with capacity comprised between 500 kW and 1 MW, the FIT will be ranging from NT4.1122 ($0.14) and NT3.9727.
PV systems of all types will be applied a grid tariff of NT0.0656/kWh. The funds raised through this fee will be used to set up a PV module recycling scheme, the MoEA stated.
The Taiwanese government aims to install 20 GW of solar by 2025, with 3 GW of rooftop PV and 17 GW of ground-mounted capacity. According to the latest statistics from the International Renewable Energy Agency, the island had around 5.8 GW of installed PV capacity at the end of 2020.
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