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.
In solar PV, while the world seems focused on quantity – how many megawatts installed, at what price – solar power manufacturers, installers, and operators know that quality is crucial to the successful delivery of clean and profitable power.
At the recent PV Taiwan event, pv magazine caught up with Lu Zhao, head of PV System Technology Group at the Solar Energy Research Institute of Singapore (SERIS) to discuss the current potential of floating PV applications, and examine how hydropower coupled with floating solar could become a world-leading energy sector.
Saga Energy, a partner of Taiwan’s Delta Group, has inked a €2.5 billion deal to construct 2 GW of solar PV in Iran, working alongside local partner Amin Energy. Company also hopes to build module fab in the country.
Newly formed United Renewable Energy Co. is the result of the merger between three of Taiwan’s leading solar companies. Move comes at a time of intense competition in the Taiwanese solar space.
Three of Taiwan’s largest solar cell and module manufacturers – Gintech, Neo Solar Power and Solartech – will suspend common stock transactions next week, prompting rumors that a merger between the three firms could be on the cards.
General Energy Solutions, a subsidiary of Taiwanese solar cell manufacturer Neo Solar Power, will be the EPC of a 40 MW ground-mounted solar park in Taiwan’s ChangHua county. The project will be the country’s largest ultra-high voltage power transmission solar project.
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