Page 16 - GreenEnergy

Successful Examples of

Foreign Companies

1 Construction of solar power plants and
related services and collaboration

Thailand's Mitr Phol Group and TSEC Corporation established a joint
venture named Hou Ju Energy Technology Corporation to provide solar PV
power plant development, construction, maintenance, and operation services.
The "Taiwan Mingus Solar Project" built by the Singaporean company Vena
Energy in Budai, Chiayi has commenced commercial operations. The Japanese
thermal coal power generation developer Marubeni announced its NT$2.7 billion
acquisition of all the shares of Taiwan's Chenya Energy and its green energy
equipment (with capacity of 270MW) in February 2020 in a bid to take advantage
of business opportunities in solar PV development in Taiwan and increase the
proportion of renewable energy in the Group's business.

2 Wind Power Collaboration

The German company WPD has invested in land-based wind power in
Taiwan since 2001. It will focus on offshore wind power and solar PV in its future
investments. It has completed project financing for its 640MW Yunlin Yunneng
Offshore Wind Farm, which is currently the largest offshore wind farm financing
project in the Asia-Pacific region, with an investment of NT$94 billion. It is
expected to commence commercial operations by 2021.

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