Singapore-based Equis Energy has commissioned a 5-MW solar park in Taiwan, the company said on Wednesday.
The so-called Kouhu plant in Yunlin County is expected to generate about 10,950 MWh of electricity per year, or enough to supply 1,574 homes and save 7,100 tonnes of carbon dioxide (CO2) emissions.
In total, Equis owns a renewable energy portfolio totalling 11,135 MW in the Asia-Pacific region. In Taiwan alone, the Singaporean independent power producer (IPP) has 122 MW of solar assets under operation, construction and advanced development.
According to chairman David Russell, the company plans to spend more than USD 1 billion (EUR 838m) for renewables in Taiwan, where it has 581 MW of utility‐scale solar and wind projects in development that are expected to come online within the next five years.
The government of the Asian country has set a goal of 20 GW of solar power capacity by 2025 as part of an overall renewables objective of 28 GW.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.