5.2MW/5.2MWh energy storage system will provide frequency regulation once online in Q1 2022 Wartsila will supply an energy storage system that will provide frequency regulation in the ancillary service market for the Taiwanese grid as the country aims for a 20% renewables mix by 2025. The 5.2 MW/5.2 megawatt-hour battery order was placed in August […]
Univergy Solar Working on 3.4 MW of PV Projects in Taiwan
Spanish-Japanese renewables outfit Univergy Solar has reported progress in its work to build some 3.4 MW of solar PV projects in Taiwan. Its ongoing portfolio in Tainan City, southwest coast of Taiwan, consists of three projects sited on land that is used for agriculture. The company said it has finalised the construction of the first […]
Thai Power Firm GPSC Invests $500 Million For 25% of Taiwan Wind Farm
“The Changfang and Xidao (CFXD) project will be installed in two phases. The first 96 MW (megawatt) phase is expected to achieve first power in 2022 and the second 499 MW phase in 2023,” GPSC chief executive Worawat Pitayasiri said. Thai energy company, Global Power Synergy Pcl (GPSC), on Thursday said it had acquired a […]
Positive Outlook For Financing Floating Solar Projects in Southeast Asia
A 13MW floating PV plant at a lake in Malaysia. The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today. Asia dominates the technology’s project pipeline, according to consultancy Fitch Solutions, which said […]
Taiwan Nuclear Plant Closure Tests Tsai’s Energy Transition
Island’s renewable push will make it hard to regain lost power capacity. The reactor head inside the Taipower Kuosheng nuclear power station unit 2 in in Taiwan. The plant’s reactor 1 was shut down last week. TAIPEI : Taiwan’s Kuosheng Nuclear Power Plant 2 reactor 1 shut down last week, six months before its scheduled […]
Taiwan Can Replace Nuclear Energy With Solar And Wind by 2025, But Country Still Heavily Reliant on Thermal Power
Taiwan’s nuclear power installed capacity decreased from 4.9 GW to 3.8 GW, at a compound annual growth rate (CAGR) of -1.2 percent, according to leading data and analytics company GlobalData. If this trend continues, the country is set to meet the government’s target of zero capacity by 2025. Taiwan intends to fill the gap created […]
MPC to Double Capacity of New Solar Plant by Next Year
MPC Caribbean Clean Energy Limited and its partners plan to double the power generating capacity at its solar plant in Dominican Republic, a new asset for which the acquisition deal is expected to close by next quarter. The Monte Plata solar plant will grow its capacity from 34 Megawatts to 74 MW by 2022, a […]
Solarvest Eyes Higher Exposure in Asset Ownership for Recurring Income
SOLARVEST Holdings Bhd, a solar turnkey engineering, procurement, construction and commissioning (EPCC) solution specialist, is making its debut as an asset owner in the fourth cycle of the large-scale solar programme (LSS4). Solarvest was one of the bidders who recently won the government’s tender to develop LSS4, where it is to provide a cumulative capacity […]
U.S., Taiwan, Paraguay Eye Cooperation in Renewable Energy
Washington : The United States, Taiwan and Paraguay are looking to cooperate on renewable energy development after concluding a virtual meeting to explore possible opportunities in the sector in Paraguay, the U.S. Department of State said Thursday. In a statement, the State Department said the embassies of the U.S. and Taiwan in Paraguay joined with […]
United States, Paraguay, and Taiwan Identify and Create Partnership Opportunities in Renewable Energy Applications
The embassies of the United States and Taiwan in the Republic of Paraguay partnered with the Government of Paraguay to host a virtual Partnership Opportunity Delegation. The virtual delegation included business leaders from the United States and Taiwan who met with Paraguay Ministry of Industry and Commerce Director for Export Promotion Ambassador Estefania Laterza. The […]