Avid Support for Renewable Energy Development Act




The Renewable Energy Development Act stipulates that energy-heavy industries in Taiwan must build renewable energy generation facilities with the capacity equivalent to 10% of their contract capacity. FENC showed its support when the law went into effect with aggressive plans to construct new energy facilities, and by partnering with the government to promote the development of renewable energy. As of the end of 2023, FENC has installed solar power stations with 7,286kW in capacity at its production sites in Taiwan, a 26% growth from 2022, and the expansion will continue. FENC also signed long-term power purchase agreements to increase the percentage of renewable electricity in its energy mix.
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 11 GWh in total annual capacity. This is a climate action that demonstrates its contribution to mitigating environmental impacts caused by global warming.