Formosa Solar is a renewable energy investment firm established by Partners Group in Taiwan. Since 2016, it has developed and owns nearly 500 sites, with a total capacity exceeding 200MW. CEO Kok Leong Toh stated that the company will continue to participate in bids in accordance with policies and will persist in investing in CPPA. Furthermore, they will consider investing in energy storage in the future, with trading of power plants being one of the options.
Located in a water conservation area, Gaoshu in Pingtung used to yield excellent agricultural products. However, over 20 years ago, illegal sand mining by unscrupulous operators left vast expanses of land pockmarked with holes! With the entry of the Formosa Solar Renewable Power Group, the land has been revitalized through the integration of solar power. CEO Kok Leong Zhuo hopes to play a significant role in Taiwan's energy transition. Let's see how they achieved this.
With the global climate change becoming increasingly severe, countries have proposed targets and actions for achieving net-zero carbon emissions by 2050. President Tsai Ing-wen also declared on Earth Day, April 22, 2021, that achieving net-zero emissions by 2050 is not only a global goal but also Taiwan's goal. Solar power is considered an important part of green energy development. Given Taiwan's limited land resources, what can be done?
![[Digital Times] 2024](data/news/cover/1711011388963268945.jpg)
On the 13th, the Financial Times released its ranking of the top 500 fastest-growing companies in the Asia-Pacific region for 2024, with 9 Taiwanese companies making the list! Among them, 5 are from the information software industry, demonstrating Taiwan's formidable competitiveness in the international software arena. The other 4 companies come from the energy, financial technology, media communications, and electronic manufacturing sectors, respectively. They are Survey Cake, TPIsoftware Corporation, Alpha Intelligence Global, Gogolook, Phrozen Tech, PressPlay, Largitdata, Formosa Solar Renewable Power Group, and Aspeed Technology.
![[Economic Daily] Formosa Solar Stakeholder Luncheon Invites Mr. Tommy Chen to Share Polar Ultra Marathon Experience(圖)](data/news/cover/1701746288565247744.jpg)
On November 30th, Formosa Solar Renewable Power Group held a Stakeholder Luncheon, with the presence of several banks, developers, photovoltaic equipment suppliers, and maintenance companies.
Formosa Solar has been awarded the "Taiwan Corporate Sustainability Award" by the TAISE for two consecutive years, also the only renewable power company in the top ten.
At the Energy Taiwan, the first group of foreign investors in solar energy projects in Taiwan showcased their approach with the concept of a 'one-stop supplier collaboration platform.'
Targeting the vast opportunities in green energy, many major companies are focusing on "solar panels."
In response to government policies, Formosa Solar has been actively investing in and developing solar energy projects since its establishment in 2016.
Formosa Solar has consecutively participated in Energy Taiwan, showcasing its seven-year journey in developing in Taiwan.
We are deeply saddened by the Pingtung Factory Fire. Formosa Solar has donated the oneday earnings of all its employees, totaling 300,000 NT dollars, to convey our support and comfort to the firefighters and the injured.
Fowell Power has signed a 50MW solar power purchase agreement (CPPA) with Formosa Solar Renewable Power Group. The estimated annual electricity generation is over 65 million kWh, marking a significant step towards helping companies achieve their 2050 net zero carbon emissions goals.
Fowell Power has signed a 50MW solar power purchase agreement (CPPA) with Formosa solar Renewable Power Group.The estimated annual electricity generation is over 65 million kWh, equivalent to the carbon absorption of 129 Daan Forest Park trees for an entire year. This marks the largest contract for electricity sales to a single customer since Formosa Solar began its green energy supply business.
The Chiayi Saltland Solar PV Project under the Formosa Solar Renewable Power has been honored with the National Excellence Construction Award's Gold Award in the Best Environmental and Cultural Category.
![[Commertial Times] Formosa Solar Renewable Power Wins National Excellence in Construction Award – PV Project Thrives in Harmony with Nature(圖)](data/news/cover/1690773495401540607.jpg)
Formosa Solar Renewable Power Group has secured its third award this year, as its subsidiary, the Chiayi Saltland Solar Photovoltaic Plant, receives the National Excellence in Construction Award – Gold Medal in the Best Environmental and Cultural Category.