Equis signs 20‐year PPA for 5MW Taiwan solar project

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The project is currently under construction and scheduled to be commissioned in December 2017. Flickr: Ludovc Lubeigt

Singapore-based renewable energy firm Equis Energy has signed a power purchase agreement (PPA) with the utility Taiwan Power Company (Taipower) for a 5MW solar project located in Kouhu Township, Yunlin County, Taiwan.  

The project is currently under construction and scheduled to be commissioned in December 2017. It will generate 10,950MWh of electricity per year.

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Equis expects to commission another 15.8MW of ground‐mount solar facilities by the end of Q1 2018.  

David Russell, Equis chairman, said: “We are pleased to be supporting Taiwan’s development of a more sustainable energy supply.”

Equis is one of Taiwan’s largest renewable energy developers, with 100MW of solar assets under construction and advanced development, and 581 MW of utility‐scale solar and wind projects under development.

Equis was also recently awarded a contract by Taiwan’s Ministry of Economic Affairs’ Bureau of Energy (BOE) to develop a 70.2MW solar project in Chiayi County’s Yizhu Township, which would be the island’s largest.

22 May 2024
London, UK
At the time of writing, Europe had had its most successful year in terms of Power Purchase Agreements (PPAs) with a record 7.8GW of renewable energy contracts signed. As we gather in May 2024 for the third edition of the Renewable Energy Revenues Summit, the energy landscape continues to evolve rapidly, influenced by the beating drum of climate change, volatility around power prices and the need to decarbonise power procurement as well as generation.

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