Taiwan’s HDB invites tenders for 40 MW of solar PV

PV modules on the roof of a stadium in Taiwan
PV modules on the roof of a stadium in Taiwan

Taiwan’s Housing & Development Board (HDB) has published a solar photovoltaic (PV) leasing tender, aggregating demand for the installation of PV panels across nine government organisations on October 10th, 2016, as part of the “SolarNova” programme led by the Singapore Economic Development Board (EDB).

At a capacity of 40 MW, this solar tender will see solar photovoltaic (PV) systems installed at 636 HDB blocks and 31 government sites located island-wide.

This is the second combined solar PV tender led by HDB, with eight other participating government organisations. One key distinction from the first solar tender is that companies bidding in this tender will be allowed to form consortiums.

 

User parties will enter into PPA with private sector PV developers

Based on the current sustainable business model of solar leasing, HDB (and other participating organisations taking part in the bulk tender) need not fund any portion of the upfront cost for such solar projects, reads the press release.

The user parties managing the respective HDB blocks and government buildings will enter into a power purchase agreement (PPA) with the private sector PV developer to pay for the solar power consumed, at a preferential rate that will not go beyond the retail electricity tariff rate.

 

2016-10-19 | Courtesy: HDB; Image: Bureau of Energy, Taiwan | solarserver.com © Heindl Server GmbH

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