Equis Wins Public Tender to Develop Taiwan’s Largest Solar Project

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Equis Energy (Equis), Asia‐Pacific’s largest renewable energy IPP, has been  awarded a contract by Taiwan’s Ministry of Economic Affairs’ Bureau of Energy (BOE) to develop a 70.2 MW  solar project in Chiayi County’s Yizhu Township.

The project will be Taiwan’s largest solar project and was part of a two‐site public tender. Equis won both  tenders, and in accordance with the auction rules was asked to select one of the two project sites. Equis chose  the larger site, comprising 70.2 MW across 79.5 hectares of land.    

Construction of the project is expected to begin in early 2018, and to begin delivering power by the middle  of 2018. Under the government’s tender rules, Equis has a right to sign a 20‐year PPA with Taiwan Power  Company (Taipower).    

David Russell, Equis Chairman, said, “As Asia‐Pacific’s largest renewable energy IPP, Equis is pleased to be  playing an important role in Taiwan’s transition to low‐cost, clean energy. Taiwan is at a critical juncture in the  development of its energy resources, and the award of the Chiayi solar project, after a very competitive  bidding process, represents a significant step forward.”  

Equis is one of Taiwan’s largest renewable energy developers, with 100MW of solar assets under 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. 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, as well as to completely phasing out nuclear energy.    

The Chiayi County project will have a generation output of approximately 100,000 megawatt hours per year  (MWh/year), collectively supplying power equivalent to the annual needs of 19,000 homes, and saving 56,000  tonnes of CO2 annually compared to same generation from coal‐fired power, as well as 95 million litres of  water. The project has been designed to preserve and restore the natural wetland habitats in the area and  will include a state‐of‐the‐art education centre with a focus on solar energy and ecological preservation.      

About Equis Energy  

Equis Energy operates from 15 Asian offices, employing 302 professionals including 100 engineers and 38 local  development  professionals. Equis is  the largest  renewable  energy  IPP  in  the  Asia‐Pacific  region  based  on installed capacity and owns 105 renewable energy assets, totaling 4.9 GW across Australia, India, Indonesia,  Japan, the Philippines, Taiwan and Thailand. In addition to its current portfolio of 4.9 GW, Equis has a further  75 assets and 6.2 GW under development.

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