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Equis Signs MOU With Changhua County Government for Green Energy Projects

published: 2016-10-26 19:00

Equis, the largest energy and infrastructure investor in Asia, and its subsidiary, SOLEQ, announce to invest NT$ 15 billion in 250MW green energy project in Changhua, Taiwan. 

This September, Ming-ku Wei, Changhua county commissioner, led his team to visit the Equis’s 36MW solar power plant in Mito, Ibaraki, and successfully reached consensus on the investment with Equis and SOLEQ of Taiwan. 

On October 24th 2016, Equis and SOLEQ officially signed a Memorandum of Understanding (MOU) with the Changhua county government at Taiwan Glass Gallery in Changhua. Equis and SOLEQ will invest NT$ 15 billion in long-term green energy development and will build 250MW green energy power systems in Changhua, including 200MW solar PV and 50MW wind power systems.

On the other hand, SOLEQ will sign a cooperation framework agreement with Taiwan Mirror Glass to jointly plan the construction of Taiwan’s first solar intelligent parking shed, which is expected to be activated in March 2017. The initial investment is about NT$ 60 million. Once the construction is completed, all the power feedback will go to Taiwan Mirror Glass in the first ten years. Starting from the eleventh year, SOLEQ will be in charge.

“Changhua has good wind farms and abundant sunshine that are very suitable for solar PV and wind power development. The Changhua county government hopes to team up with Taichung city more often in the future to increase the use of renewable energy to 15% by 2025,” said Wei.
(Photo Credit: Changhua Country Government)

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