Taiwan releases tentative renewable energy FiTs for 2018

Facebook
Twitter
LinkedIn
Reddit
Email
Taiwan's tentative feed-in Tariff (FiT) rates for solar in 2018. Credit: New Green Power Company

Taiwan has released tentative feed-in Tariff (FiT) rates for the renewable energy sector in 2018, with a reduction in solar FiT's as expected.

The Bureau of Energy (BOE) published the FiTs for solar PV, wind, biomass and other renewables on 20 September. However, they are not yet finalised and BOE will hold a hearing in early November for further discussion before finalization, according to Yu-Chun Tai from local renewables firm New Green Power Company (NGP).

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The Bureau looks set to continue the policy of rewarding use of high-efficiency modules with a 6% bonus as well as incentivising setting up of PV in the northern region, where the population is denser, but this is all to be finalised.

FiT’s for solar are set to reduce in 2018, by as much as 11.77% in the large-scale rooftop sector, or as little as 1.82% in the smallest rooftop segment. FiTs will drop further in the second half of 2018 under the current setup.

Taiwan is targeting 20GW of PV by 2025.

Read Next

Premium
May 13, 2024
Despite Ukraine’s ongoing conflict with Russia, the country’s solar sector continues to develop. Lena Dias Martins reports on the opportunities solar developers are finding amid the horrors of war.
February 26, 2024
Ciel & Terre Taiwan and HEXA Renewables have completed the 192.3MWp final phases of a 440MWp floating solar project in Taiwan.
April 24, 2023
Asia-Pacific independent power producer (IPP) Vena Energy has commissioned a 272MW solar PV project in Taiwan which it says is the region’s ‘largest’ to date.
January 10, 2023
Independent power producer NEFIN has formed a partnership with Taiwanese energy company City Development through its subsidiary NEFIN Capital Taiwan Company (NEFIN Capital) to venture into the solar energy market in the country.
May 17, 2022
Solar developer Lightsource bp has entered the East Asia market with a 150MW project co-locating solar with fishery in Taiwan.
April 28, 2022
Investment firm KKR has launched Aster Renewable Energy, a renewable platform aimed to develop, build and operate solar, wind and energy storage projects in Southeast Asia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia