The Ministry of Economic Affairs yesterday said it planned to cut feed-in-tariff (FIT) rates for solar energy to between 0.34 and 2.44 percent annually to benefit installations.
In a preliminary review, the ministry proposed a rate of NT$3.9408 to NT$5.7788 per kilowatt-hour (kWh) for next year.
The rate for energy generated by rooftop systems with a capacity of under 20kW would be trimmed from NT$5.7983 per kWh this year to NT$5.7788 per kWh next year, the ministry said in a statement.
The smaller-than-expected cuts came after demands from environmentalists last month that the government maintain strong incentives for people and small businesses to install rooftop solar panels.
The ministry said it would extend programs affected by the rate change, including up to 18 months for the installation of solar power systems with a booster station of 69kW or above.
Extensions are also to apply to bonuses for green energy participation, such as a 15 percent increase in FIT rates for the installation of renewable-energy systems on outlying islands, it said.
Sport facilities that have solar canopies and awning systems approved by the Ministry of Education would benefit from a 6 percent rise in the rate, the ministry said.
Rooftop solar systems installed on Aboriginal land and in rural counties would benefit from a 1 percent increase in the rates, it said.
The rates for offshore wind energy next year would be NT$5.0946, down 7.64 percent from NT$5.516 last year, it said.
The tiered FIT scheme offering higher rates in the first 10 years would decrease from NT$6.2795 this year to NT$5.8015 next year, while they would decline from NT$4.1422 in 2021 to NT$3.8227 over the next decade, it said.
Energy generated from biomass, biodegradable waste and small hydro projects would benefit from rate rises of 1 to 4 percent as the ministry seeks to encourage greater implementation of such systems.
The ministry announced a public hearing in Taipei on Thursday next week to discuss the implementation rates for wind power and other sources of renewable energy.
A second hearing would be held in Tainan for solar power, as most solar power projects are in central or southern Taiwan, the ministry said, adding that it plans to validate the FIT rates this month.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
SIZE MATTERS: TSMC started phasing out 8-inch wafer production last year, while Samsung is more aggressively retiring 8-inch capacity, TrendForce said Chipmakers are expected to raise prices of 8-inch wafers by up to 20 percent this year on concern over supply constraints as major contract chipmakers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Samsung Electronics Co gradually retire less advanced wafer capacity, TrendForce Corp (集邦科技) said yesterday. It is the first significant across-the-board price hike since a global semiconductor correction in 2023, the Taipei-based market researcher said in a report. Global 8-inch wafer capacity slid 0.3 percent year-on-year last year, although 8-inch wafer prices still hovered at relatively stable levels throughout the year, TrendForce said. The downward trend is expected to continue this year,
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to