News

Developers Call for Reconsideration of Slashing of Offshore Wind Power Rates

published: 2018-12-11 14:06
In response to over 10% cut on 2019 wholesale rates for renewable energy, unveiled by the Ministry of Economic Affairs the other day, PV and offshore wind power developers issued a joint statement on Dec. 4, calling for the government to reconsider the decision which they said would hamper the development of renewable energy in Taiwan. ...  more

First Nuclear Power Plant Ready for Decommissioning

published: 2018-12-11 13:57
Following expiration of its 40-year operating license, Taiwan's first nuclear power plant has stopped running and will start decommissioning works after approval by the Environmental Protection Administration of its decommissioning plan, which has already passed the screening of the Atomic Energy Council on July 28. ...  more

PV Power Promises Tremendous Industrial Potential for Taiwan

published: 2018-12-10 13:46
The government's 20 GW PV power installation target calls for staggering investments to the tune of NT$1 trillion, which will bring about huge business opportunities fostering the development of indigenous PV power device industry, as vast majority of the procurements will be made locally. ...  more

Developers Dissatisfied With 2019 PV power Wholesale Rate

published: 2018-12-06 9:30
Developers have expressed dissatisfaction with larger-than-expectation cut on 2019 wholesale PV power rates publicized by the Ministry of Economic Affairs (MOEA) on Nov. 29, according to which the rates for ground PV power and floating PV power will drop by 12.15% and 11.16%, respectively, to NT$3.7728/kWh and NT$4.1665/kWh from the 2018 levels, in addition to switch to fixed rates from existing tiered rates. ...  more