MOU signed on development of two geothermal plants in Yilan, Taiwan
Yilan, Taiwan (source: flickr/ Emilie Chen, creative common)
Alexander Richter
28 Mar 2018
State-utility Taiwan Power Co. (Taipower) and oil refining company CPC Corp have signed an MOU on the development of two geothermal power projects in Yilan County, Taiwan with a planned power generation capacity of 8 MW.
Reported locally today, state-run utility Taiwan Power Co. (Taipower) and oil refiner CPC Corp. Taiwan (CPC) signed a memorandum of understanding on the development of two geothermal power plants in Yilan County, according to the Ministry of Economic Affairs (MOEA). We previously reported on the plans of the two companies, which have now been formalised.
The project will begin in the county’s Renze area with the construction of a 2 MW geothermal power plant that will have the capacity to supply electricity to about 3,000 households for a year after it becomes operational in 2022, the MOEA said.
According to Taipower, the Renze plant will be built at cost of approximately NT$600 million (US$20.57 million), and a second geothermal plant will be set up later in Tuchang.
When both plants are completed, they will have a total capacity of 8 MW, Taipower said.
Taipower Chairman Yang Wei-fuu said the company has a good relationship with CPC and is looking forward to their joint efforts to develop green energy.
In recent years, the development of renewable energy has been accelerating, and geothermal power generation technology capabilities have also been improving, said Yang, adding that Taiwan has good potential in that field.
Source: Focus Taiwan
