Sunseap partners Pacific Green for 100MW of solar in Taiwan

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Sunseap is currently building a US$150 million 168MW solar farm in Ninh Thuan province on Vietnam’s south-central coast. Credit: Sunseap

Singapore-based clean energy developer Sunseap Group has formed a joint venture with Taiwanese firm Pacific Green Energy Co to jointly develop 100MW of distributed solar projects in Taiwan over the next three years.

Sunseap has already been active in the Taiwanese market for eight months and recently provided EPC services for an AC cable manufacturer to install a 2MW solar system on the rooftops of its new Taoyuan factory. It also completed a 3.3MW canal-based solar system in Pingtung and has secured several projects in the manufacturing and agriculture sectors.

The new joint venture company will be named Pacific Sunseap Energy Ltd. 

Frank Phuan, co-founder and CEO of Sunseap, said: “We hope to replicate the success we’ve achieved in Singapore and regionally, in the areas of rooftop and ground-mounted solar solutions. The joint venture will allow us to utilise Pacific Green Energy Co., Ltd’s resources and leverage the company’s network and expertise in Taiwan, and in turn for Pacific Green Energy Co., Ltd to leverage our skills and experience in delivering clean energy solutions in a reliable and cost-effective manner.”

Sunseap continues, said Phuan, to consider alternative forms of solar deployment such as on canals, reservoirs and the sea. It has already proposed a ground-breaking ocean-based floating PV (OFPV) project on the Straits of Johor in Malaysia.

Calvin Cheng, co-founder of Pacific Green Energy, added: “Taiwan’s energy market is going through a transformational period to become more sustainable, and the time is now for the nation to embrace more green energy. With its high incentives, Taiwan is one of the fastest growing solar markets in Asia. We are confident our joint venture with Sunseap will place us in a competitive position to rapidly deploy, develop and acquire solar projects in Taiwan.”

Sunseap is currently building a US$150 million 168MW solar farm in Ninh Thuan province on Vietnam’s south-central coast. The firm also recently teamed up with one of China’s first private equity firms, Guohe Capital, and Shanghai-based renewable energy company Starkle Energy to expand into China, with a target to achieve more than 200MW of solar projects over the next two years.

Read Next

October 21, 2021
Distributed generation is the future of solar PV in China, with 48GW expected to be deployed next year in the country, according to Frank Haugwitz, director of Europe Asia Clean Energy Advisory Company
PV Tech Premium
October 21, 2021
Chinese power restrictions are likely to change in Q1 next year and will consider the power necessity and industrial demand of certain regions. Nonetheless, polysilicon prices will remain high well into next year and could rise even further.  And, distributed solar is the future of solar PV generation in China.
September 24, 2021
Independent power producer Catalyze has acquired commercial and industrial (C&I) solar developer Sol Alliance, expanding its presence in the northeast of the US and taking on an 80MW project development pipeline in the process.
September 21, 2021
New York’s governor has proposed an expansion of the NY-Sun distributed solar incentive programme and revealed plans for two transmission projects that will transport renewable energy to New York City to help the state reach 70% renewable electricity by 2030.
PV Tech Premium
September 10, 2021
With inaccurate irradiation data potentially impacting profitability estimates of PV projects in Africa, calls have been made for solar players to invest in more accurate measurement tools and work together to support the commercial and industrial (C&I) sector’s growth.
PV Tech Premium
September 1, 2021
Spain’s renewables auction next month is set to receive high levels of interest from solar bidders, according to industry observers, as the country’s government seeks to support the swift deployment of new capacity following a summer beset by record-breaking electricity prices.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021