The government claims 292 MW more solar was installed than in the same period of 2018. Taipei reported solar power generation increased 51.7% year-on-year for January-to-October.
The draft feed-in tariff scheme should be approved by the end of the month. Payments for residential solar systems are expected to fall only 0.34% but those for utility scale solar may be reduced by 2.2%. An increase is set to be granted to projects in remote areas and also to those which rely on high-efficiency modules.
The Taiwanese PV manufacturer said the project will be the largest solar installation on the island. Construction is scheduled to being near the city of Tainan in the second half of 2020.
Developers of huge solar parks on the island must deal with resistance from the government, other industrial players and the farming sector. Local agricultural producer Taisugar has downsized its plans to build solar plants across 1,000 hectares of land it owns, while semiconductor manufacturer TMSC has denied it is building a massive solar park in Pingtung county, as reported by the Taiwanese media.
Prime minister Su Tseng-chang announced the ambition and said the new solar plan for 2019-20 will bring investment and business opportunities of around US$7.5 billion.
Western Australia-based solar glass developer ClearVue has signed a deal with Taiwanese thin-film solar module manufacturer BeyondPV to set up a dedicated production line for solar strip modules at its production facility in the city of Tainan.
The Taiwanese manufacturer has confirmed plans to focus on PERC cell production, while scaling down its operational cell capacity from 5 GW to 2.5 GW. It said it could return to full capacity if cell demand rises again, however.
Taiwanese manufacturer E-Ton Solar said it will halt solar cell production due to strong price pressure. It is now seeking to sell two of its three manufacturing facilities in southern Taiwan, while its shares have been suspended from trading on Taiwan’s stock exchange.
TrendForce says the country deployed more than 1 GW of new PV for the first time last year, and predicts this year may see as much as 1.5 GW of new solar capacity. The nation’s cumulative capacity reached 2,618 MW at the end of last year, according to the International Renewable Energy Agency.
The Taiwanese solar manufacturer secured the funds from a consortium of banks formed by First Bank, Taiwan Cooperative Bank, Mega International Commercial Bank and CTBC Bank.
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