Rooftop PV system in Taiwan
Picture: Chailease
in Taiwan Ministry of Financial Affairs (MoEA) introduced that the FITs for PV installations applied in 2022 will stay unchanged in 2023. It initially deliberate to scale back tariffs between 1% and three%.
“The home photovoltaic business continues to be partially affected by the worth of uncooked supplies and labor scarcity,” the MOEA mentioned in a press release. “Nonetheless, PV system costs will step by step stabilize within the second half of this yr.”
Residential installations with a capability from 1 kW to 10 kW will likely be given tariffs of as much as TWD 5.8952 ($0.20)/kWh. Taiwan’s authorities says the tariffs will proceed to encourage business to put money into new photo voltaic capability. It made the identical transfer on the finish of June 2022, when it confirmed the January-June FITs for the second half of the yr.
Taiwan’s authorities has revealed that the nation will attain a cumulative put in photo voltaic capability of almost 7.7 GW by the tip of 2021, with new annual additions reaching 1.9 GW. Lately, the Taipei Occasions reported that new PV capability additions for 2022 are prone to attain 2 GW.
Authorities goal to put in 20 GW of photo voltaic by 2025, together with 3 GW of rooftop PV capability and 17 GW of ground-mounted photo voltaic capability.
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