Avid Support for Renewable Energy Development Act




Regulations for the Management of Setting up Renewable Energy Power Generation Equipment of Power Users above a Certain Contract Capacity under the Renewable Energy Development Act mandates that energy-heavy industries in Taiwan must install renewable power generation equipment to supply 10% of their own contract capacity. As a show of support for the government, FENC has been gearing up on the promotion of renewable energy with planning and installing additional facilities. As of the end of 2022, FENC production sites in Taiwan have installed solar stations with 3,728kW in capacity and expansions on the way. It is anticipated that by 2025, the installed capacity for solar power will reach 19MW.
In addition to ongoing installation of solar power facilities, Plant 2 of OPTC will complete the installation of biogas generators in 2024. Utilizing the biogas generated from its own anaerobic treatment system, the plant will generate approximately 16 GWh in total annual capacity, which will satisfy 10% of its electricity consumption. This is a climate action that demonstrates its contribution to mitigating environmental impacts caused by global warming.
Five of the FENC production sites subject to the mandates on energy-heavy industries started to conduct an inventory of areas suitable for building renewable power stations. Considering power generation performance and shading requirements, it was determined that a total of 130,000 square meters would be ideal for rooftop solar panels. By the end of 2022, installation for 10% of the said area has been completed, and installation will continue into the next three years. Early implementation would give FENC the eligibility for discount offered to energy-heavy industries.