14 MW of new solar capacity began feeding energy into Taiwan’s grid this week, as the first phase of a planned 100 MW facility being built by the island’s utility Taipower.
Taipei will invest in the company through its National Development Fund and government-run glass manufacturer Yao Hwa Glass Co. Ltd.
Taiwanese solar cell manufacturer, Motech has announced plans to reduce its workforce by 300 and further adjust production capacity, while Sino-American Silicon’s CEO has revealed the company may exit the wafer business.
pv magazine teams up with solar market analysts at IHS Markit to run through the top 10 crystalline silicon cell manufacturers of 2017, and the events that shaped their market landscape throughout the year.
The PV array is set to be the largest solar installation on the island, and is located at Changhua Coastal Industrial Park in central Taiwan.
The coming together of three of Taiwan’s largest solar cell manufacturers has been given the green light today by the respective boards of directors of the three companies. New company United Renewable Energy Co., is expected to become a recognized entity on March 28.
The Taiwanese Ministry of Economic Affairs (MOEA) today announced a 9.09% increase to FIT rates originally proposed in September for rooftop solar installations up 20 kW, in a bid to encourage further public participation in its Green Energy Roofs project.
The Taiwanese cell producer said it will use the funds to repay existing loans and finance operations.
Neo Cathay Pacific, which is a joint venture between Neo Solar Power and Cathay Life Insurance, has, via its own subsidiary Si One Corp, secured NT$5bn syndicated loan to develop 100 MW of solar projects in Taiwan.
Ministry of Economic Affairs will offer a FIT some 9% higher than originally proposed in September in effort to expedite Taiwan’s clean energy goals.
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