Lightsource bp has signed its first power purchase agreement (PPA) in Taiwan. The agreement is related to a 115MW fishery-solar project developed by the company.
Under the PPA, Star Trade, a subsidiary of HD Renewable Energy Group, has secured 100% of the output from Budai and Yizhu Townships scheme in Chiayi County.
A financing package for the project of approximately €175m has recently been secured. Construction is currently ongoing, with start-up scheduled for 2026.
For more information, please visit EICDataStream.