Chunghwa Telecom Co (中華電信) on Friday announced it has been awarded a NT$58 billion (US$1.93 billion) contract by state-run Taiwan Power Co (Taipower, 台電) to build a solar power plant with a capacity of 100 megawatts, which would be the largest of its kind in Taiwan.
The solar power plant is to be located in Changhua Coastal Industrial Park (彰濱工業區), Chunghwa Telecom said in a statement, adding that the project is to cover about 140 hectares.
The plant is expected to be ready for a trial run after about 15 months of construction, the company said, adding that the whole project is to be completed in 2019.
Wang Hui-min (王惠民), president of the company’s southern Taiwan business group, said in the statement that Chunghwa Telecom has been developing solar, wind and biogas energy since 2015, in line with the government’s policy of promoting the development of “green” energy in Taiwan.
As of September, Chunghwa Telecom had completed 373 “green” energy projects, with total power generation of 103 megawatts, Wang said.
The company’s most recent “green” energy project was completed in March, when it teamed up with Kingstone Energy Technology Corp (國軒) to install rooftop photovoltaic systems at Chih Lien Industrial Co Ltd’s (志聯工業) steel plant in Taoyuan.
The project’s first phase — 500-kilowatt photovoltaic (PV) systems — at the Chih Lien steel plant began operations on April 10 and the second phase — 1,800-kilowatt PV systems — is being planned, Chunghwa Telecom said.
Local media reported that the Taipower project in Changhua is a turnkey project, in which Chunghwa Telecom collaborates with other firms to provide the design, procurement, contracting and construction for the entire project.
Chunghwa Telecom’s subcontractors on the project are reported to include Neo Solar Energy Corp (新日光能源), Fortune Electric Co (華城電機), Star Energy Corp (星能) and Oriental Union Chemical Corp (東聯).
The project is expected to contribute to company revenue in 2019 to 2020, chief financial officer Harrison Kuo (郭水義) said.
In the first 10 months of the year, Chunghwa Telecom reported revenue of NT$185.42 billion, down 2.6 percent year-on-year, with net income decreasing 5 percent annually to NT$33.5 billion, or earnings per share of NT$4.32, the company said on Nov. 10.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle
RSS