2018-03-09 16:56:58

Taiwanese Enterprises Striving for 20% Goal for Renewable Energy by 2025

Taiwanese Enterprises Striving for 20% Goal for Renewable Energy by 2025

The goal of the Tsai Ing-wen administration in Taiwan to raise the share of renewable capacity to 40%, generation to 20% by 2025, as part of the nuclear-free homeland vision, poses as a major challenge for both the government and the private sector. 
That goal is a tall order, as up to now the achieving rate for the 2025 target for renewable-energy generation has reached only 6.8% for PV power and 16.5% for wind power, according to EnergyTrend. Although the rate for biomass energy has approached 90%, Taiwan can take advantage of its solid technological strength and proximity to Southeast Asia, to tap its huge potential, in addition to promoting exchanges among market players. 

“MIT” supply chain for PV power
As the world's second largest PV-cell producer, plus abundant sunshine, Taiwan has chosen PV power as the primary target in renewable energy development, aiming to raise PV power output to 20GW by 2025, the 10th largest worldwide, according to EnergyTrend. As a prelude, the government launched "two-year PV power plan" in mid-2016.
Government's aggressive policy, plus relatively stable investment environment and subsidy for high-performance products, will attract both domestic and overseas funds, encouraging domestic companies to investment in PV modules and PV power stations, giving birth to a "made-in-Taiwan" vertical supply chain.

"What matters is not only technology but also maturity and reception of the Taiwanese market," remarks Lin Ta-shan, vice president of TSEC Corp. Lin points out that in addition to PV cell, module, and power stations, TSEC is pondering to integrate PV power with energy storage systems, electric vehicles, and HEMS, pushing deeper and more extensive application of PV power in people's daily life.
As a pioneering manufacturer of high-performance PV products in Taiwan, TSEC has benefited considerably from the market trend demanding high-performance products. Lin notes that in the face of strong competition from mainland China, Taiwanese companies in the line should determine optimal scale, choose right technology, and develop niche products.
"High performance and niche products are inevitable choice for Taiwanese companies, which cannot compete with mainland Chinese counterparts in capacity and price," comments Lin. Based on the strategy, TSEC has deployed in high-performance PERC cell and planned to establish 500 MW high-performance module capacity in Taiwan, mainly for shipment to Taiwan, the U.S., and Japan. TSEC has kept considerable flexibility in its module production line, in order to accommodate new half-cut and stacking technologies in the future, thereby boosting module's wattage, according to Lin. He notes that local companies should develop optimal features under the government's 20GW target for 2025.