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The Key to the International Success of Taiwan’s Renewable Energy Industry

TAIPEI, TAIWAN – Media
OutReach
 – 22 June 2021 – To alleviate the effects of global
warming and the environmental impacts caused by extreme climate, net-zero emission
and carbon neutrality have become hot button topics as of late. Countries
around the globe are now actively transitioning towards net-zero emission and
developing renewable energy, and Taiwan is no exception. Extensive support from
a well-rounded industrial cluster has allowed Taiwan to become the best partner
nation in global renewable energy development.


The Taiwanese government has been encouraging industries to undergo
green energy transition and aims to have 20% of the nation’s power supplied by
renewable sources by 2025 and further proposes accomplishing the goal of
“net-zero emissions transition by 2050.” Sensing great potential in
the renewable energy market, Taiwanese businesses have come to invest in the
market and attained remarkable results.


This is what Taiwanese companies, Sun Rise E&T Corporation, Swancor
Renewable Energy, SRE, and Sysgration Ltd. have each achieved:


Solar-Fishery Pioneer: Sun Rise E&T
Corporation Takes on the Global Green Energy Market


With high amounts of sunshine, Taiwan has always been well suited for
the development of solar energy. However, breaking through the limitation
landmass constraints by installing solar energy equipment on lakes and dams,
can significantly enhance the effectiveness of solar power generation. This
type of watered-area solar power is what the Sun Rise E&T Corporation has
long pursued.


Sun Rise E&T Corporation Chairman Tung Chi-Hsu says that: “floating
solar systems allow nations with relatively small landmass but high sunshine to
be able to develop solar power.” Installing floating solar systems in dams
or hydropower plants not only alleviate the problem of low electricity
generation hydropower plants face during the day but can also effectively
reduce water loss from the reservoir caused by evaporation. Furthermore,
because temperatures on water surfaces are lower than that of land, floating
solar systems can generate 10% more power than their land counterparts.


“Compared to blow-molded floating solar power systems on the
market, our floating solar system uses extrusion-molded and injection-molded
HDPE-PE100 with higher material strength and durability. Furthermore, the
system’s unique anchoring design has been well received by clients and proved
its capability by surviving through various windy conditions, such as the wind
tunnel test in Japan. Currently, the system has seen wide deployment in sites
located in Japan, South Korea, Taiwan, and Thailand.”


Excellence in Offshore Power: Swancor
Renewable Energy Spreads its Wings in Asia alongside Industry Chain Partners


Taiwan’s unique geographic advantage has created great prosperity for
the nation’s offshore wind power industry. In particular, one company has not
only participated in the construction of offshore wind sites like Formosa 1 and
Formosa 2 but even took the initiative to start the Formosa 4-1, Formosa 4-2,
and Formosa 4-3 projects. That company is Swancor Renewable Energy, SRE.


“Not only are we familiar with technologies for offshore wind
power, but we are also experienced in working with international contractors.
We know how to lower the financial risks of projects through project financing
and understand the state and needs of offshore wind power in both Taiwan and
the entire Asian region. More importantly, the farms we have been involved with
are all seeing great returns and are operating smoothly.” Swancor
Renewable Energy CEO Lucas Lin further explains that the process of building an
offshore wind farm can be broadly divided into three phases based on different
goals during each phase: development, construction, and operation. SRE is the
only offshore wind power developer in Taiwan that has participated in and can
provide services for all three phases. Next, the company will seek to develop
the Formosa 4 wind farm per government policies and lead industry chain
partners in Taiwan’s offshore wind power field to tap into the promising Asian
offshore wind power market.


Sysgration Ltd. Maximizes Renewable Energy
Utilization with Smart Power Storage


“Since renewable energy is a type of variable energy, maintaining
long term and consistent supply of power is an issue that every renewable
energy company must contend with. In fact, this is why smart energy storage
systems have been so greatly anticipated on the market.” General manager
of Sysgration Ltd., Hsieh Tung-Fu says that smart energy storage systems
provide three critical functions: energy storage, output smoothing, and energy
coordination. These functions will not only allow renewable energy suppliers to
stabilize energy output but even perform time shifting by reserving renewable
energy to be supplied to the grid at designated peak periods to maximize energy
utilization.


Hsieh points out that energy management has been changed especially in
the areas of power generation, transmission, distribution, consumption, and
portability. In addition to offering products and services to meet the demands
of each field, Sysgration Ltd. will assist renewable energy operators to
smoothly integrate renewable energy to the grid, stabilize the quality of the
grid, adjust energy supply in response to off-grid/peak demand, lighten lithium
battery power sources, and further assist Taipower and large consumers achieve
better energy control.


To further assist with the successful development of the energy industry
in Taiwan, TAITRA will hold Energy Taiwan
targeting the four areas of solar power, wind power, hydrogen energy, and fuel
energy. The one and only B2B renewable energy show in Taiwan not only expects
to attract over 14,000 visitors but also hold procurement meetings and professional
forums to establish a better industrial communication environment for buyers
and sellers.


Moreover, virtual show, the online platform supports catalogue display,
text/ video chat and meeting arrangements, will simultaneously open with
physical show to allow insiders from home and abroad to find business
opportunities, thereby vitalizing the development of the energy industry in
Taiwan and creating a new world of possibilities for the energy industry going
forwards.


Energy Taiwan


Physical show: Oct. 27 – 29, 2021 │Taipei Nangang Exhibition Center Hall 1


Virtual show: Oct. 27 – Nov. 12, 2021


https://www.energytaiwan.com.tw/en/index.html


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