Singapore, January 16, 2018 – Equis Energy (Equis), Asia-Pacific’s largest renewable energy Independent Power Producer (IPP), has commissioned two solar projects comprising 5.0 MW of generation capacity in Budai and Dongshi in Chiayi County, Taiwan, doubling its generation capacity in the country to 10 MW. Late last month, Equis commissioned its first 5.0 MW project in Kouhu Township, Yunlin County that is Taiwan’s largest ground-mounted Type-1 solar facility.
Equis is one of Taiwan’s largest renewable energy developers, with 122 MW of solar assets under operation, construction and advanced development, and 581 MW of utility-scale solar and wind projects in development and expected to become operational within the next five years.
David Russell, Equis Chairman, said, “Equis has plans to invest US$1 billion in Taiwanese renewable energy, and we expect to play a leading role in developing the Taiwanese renewable energy market, to which the government has made a significant commitment. We are leveraging our regional asset development track record, technical capabilities and economies of scale to generate low-cost, clean energy that is critical to Taiwan’s future, as well as advance employment opportunities and economic growth in local communities.”
The Taiwan government has committed to a significant increase in the country’s installed capacity of renewable energy by 2025, to 28 GW, including 20 GW of solar.
The Budai and Dongshi projects will have a generation output of approximately 10,950 megawatt hours per year (MWh/year), collectively supplying power equivalent to the annual needs of 1,574 homes, as well as saving 7,100 tonnes of CO2 and 10 million litres of water annually compared to same generation from coal-fired power.