The planned merger of Taiwan-based PV manufacturers Gintech Energy, Neo Solar Power (NSP) and Solartech Energy to be called United Renewable Energy Co (UREC) is to receive an investment from the Taiwan government, according to reports.
Taiwan is expected to see a significant uptick in solar deployment in Q4 this year or early 2018 after the recent allocation of high-efficiency equipment certifications, but there are concerns around manufacturing capacity constraints.
Taiwan’s plans to release uncultivable land including ‘sinking land’ for large-scale solar PV projects will require both unique and robust solar equipment, according to delegates at the PV Taiwan exhibition.
After a week in Taiwan, overlapping with the PV Taiwan exhibition and conference in Taipei last week, my main takeaway is the scale of new capacity that is confirmed to be coming online over the next 3-6 months, no matter what is happening today regarding supply levels and end-market demand. This and other conclusions from my week in Taiwan are covered in two blogs this week on PV-Tech.
On the day I left Taiwan after a busy week meeting with PV suppliers up and down the supply chain in May, 2016 that was organised by the Taiwan External Trade Development Council (TAITRA) the country elected its first female president, Tsai Ing-wen.
Taiwan’s geographical constraints combined with new Feed-in-Tariffs (FiTs) from the government have opened the door for a significant push for floating solar PV deployment, according to industry members at the PV Taiwan exhibition in Taipei.