Vena Energy flicks the switch on Taiwan’s ‘largest’ PV project

Facebook
Twitter
LinkedIn
Reddit
Email
An aerial view of the 272 MW E2 Solar Project in Taiwan Image: Vena Energy

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.

The E2 Solar Project was inaugurated at a ceremony on 22 April 2023. It deploys 680,000 PV modules across a 226 hectare area and accounts for around 4% of Taiwan’s current solar energy output, Vena said. Taiwan is heavily reliant on energy imports, and projects like this and US developer Lightsource bp’s 150MW ‘aquaculture’ project play notable roles in its energy profile.

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

At the inauguration ceremony, President Tsai Ing-wen said: “Vena Energy’s 272 MW E2 Solar Project symbolises a new milestone in Taiwan’s green energy transformation as we strive towards achieving net zero emissions by 2050. The aim of achieving net-zero carbon emissions by 2050 is a shared global and national goal.”

Last month ACEN-backed IPP NEFIN announce a partnership with Taiwanese energy company City Development to assess, develop and acquire solar projects in Taiwan.

Elsewhere in the Asia-Pacific region, Vena Energy has recently reached financial close on a couple of projects; a 176MW solar-wind hybrid project in India was closed last week, and late last year the company completed financing for the first phase of its Western Downs solar-plus-storage project in Australia.

Vena’s investments in Japan (another Asia-Pacific country where it has a presence) have also been highlighted as indicative of the confidence that foreign IPPs and developers are showing in the country’s PV market. This was discussed in a recent PV Tech Premium article.

Read Next

June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.
June 27, 2025
Renewables investment platform Nexwell Power has signed a round of power purchase agreements (PPAs) with “one of the largest” US tech companies for solar PV capacity to be built in Spain.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
Solar developer Lightsource bp has signed a power purchase agreement (PPA) with a subsidiary of Taiwanese energy firm HD Renewable Energy (HDRE).
June 26, 2025
A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico