Newsletter
The Ministry of Economic Affairs of Taiwan announced the feed-in-tariff for renewable energy projects for 2021
Authors:Yi-Jiun Su, I-Sha Liu and Ning Hsu, Lee and Li, Attorneys-at-Law
The Ministry of Economic Affairs of the Republic of China (Taiwan) ("MOEA") announced the feed-in-tariff ("FiT") for renewable energy projects for 2021 on January 7, 2021 (Ref. No.: Jing-Neng-Zi No. 10904606820).
We set forth below the key features of the 2021 FiT for solar energy facilities for your reference:
1. For a Type One or Type Two Facility, the FiT applicable at the issuance date of the Recordation Approval ("RA") applies if the construction of the facilities is completed within 6 months thereafter. For a Type Three facility, the FiT at the issuance date of the RA applies if the construction of the facilities is completed within 4 months. For instance, for a Type Three Facility, if the RA is issued on June 20, 2021 and the construction is completed by October 19, 2021, the Phase 1 FiT will apply.
2. For those solar energy facilities with a capacity of 10MW or more, the FiT applicable at the issuance date of the RA applies if the construction of the facilities is completed within 24 months thereafter.
3. For those Type One or Type Two Facilities connected to transmission lines with the voltage of 69 kV or above and for which a booster station is installed or which shares a booster station with another facility, the FiT applicable at the issuance date of the RA applies if the construction of the facilities is completed within 24 months after the issuance of the RA. For those Type Three Facilities connected to transmission lines with the voltage of 69 kV or above and for which a booster station is installed or which shares a booster station with another facility, the FiT applicable at the issuance date of the RA applies if the construction of the facilities is completed within 12 months after the issuance of the RA. However, the foregoing does not apply if the construction of the booster station was completed before January 1, 2021.
4. Other incentives for 2021 FiT include:
(1) For the solar energy facilities which are installed in Keelung City, Taipei City, New Taipei City, Taoyuan City, Hsinchu County, Hsinchu City, Miaoli County, Yilan County or Hualien County, a markup of 15% shall be added to the applicable FiT.
(2) For those solar energy facilities that contribute to the Power Development Assistance Funds, an additional tariff equivalent to the contribution rate stipulated in the Power Development Assistance Funds Contribution Ratio of Power Generation Facilities, Transmission Facilities and Substations shall be granted.
(3) With regard to solar energy facilities for which the module recycling fees are paid according to the Regulations Governing the Installation of Renewable Energy Power Generation Facilities, an additional tariff of NT$0.0656/kWh shall be granted.
(4) An additional tariff for connecting to ultra-high voltage grid is NT$0.4742/kWh for rooftop facilities with an installed capacity of 500kW or higher, NT$0.4454/kWh for ground-mounted facilities, and NT$0.4310/kWh for floating facilities.
(5) For those solar energy facilities using high efficiency modules (i.e., solar PV modules that have obtained certificates of "Voluntary Product Certification on Crystalline Silicon Modules/Thin Film Modules of the Solar PV System" issued by the Bureau of Standards, Metrology and Inspection under the MOEA), a markup as set out in Schedule 4 of the captioned announcement (i.e., the fee scale below) will apply to the FiT.
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Classification
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Rooftop
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Ground-mounted
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Floating
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Installed Capacity
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1 kW or more but less than 20 kW
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20 kW or more but less than 100 kW
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100 kW or more but less than 500 kW
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500 kW or more
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1 kW or more
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1 kW or more
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Markup for High Efficiency Modules (NT$/kWh)
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0.3377
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0.2574
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0.2354
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0.2339
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0.2334
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0.2472
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5. In addition, in order to encourage the installation of solar power facilities that involve dual-use of the land, after being recognized by the relevant competent authorities, newly-built solar energy facilities on farms or fish ponds shall enjoy a markup of NT$0.1862/kWh; solar energy facilities installed on parking lots of highway service areas shall enjoy a markup of NT$0.2234/kWh; solar energy facilities on school stadiums/gyms shall enjoy a markup of NT$0.3724/kWh and an additional NT$0.1490/kWh will be added if metal corrugated sheets are installed on the stadium/gym. And, floating facilities installed on fish ponds will enjoy a markup of NT$$0.0372/kWh equivalent to its contribution of the Fishery Environment Friendly Reserve.
Below please find the 2021 FiT for solar energy facilities.
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Classification
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Installed Capacity
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2021
Feed-in-Tariff
(NT$/kWh)
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Phase 1
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Phase 2
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Rooftop
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1 kW or more but less than 20 kW
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5.6707
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5.6281
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20 kW or more but less than 100 kW
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4.3304
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4.2906
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100 kW or more but less than 500 kW
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3.9975
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3.9227
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500 kW or more
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3.9449
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3.8980
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Ground-mounted
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1 kW or more
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3.7994
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3.7236
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Floating
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1 kW or more
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4.1957
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4.1204
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