Due to the strong development of solar energy in 2019-2020, there are many large-scale construction plants to be completed and started. Solar module plant TSEC issued a major message on October 30 that it will sign the largest solar photovoltaic order in Taiwan's history with a subsidiary of international energy development fund, with a capacity of up to 180MW and shipments to begin in early 2020.
TSEC indicated that the customer is a subsidiary of an international energy development fund. With the total power plant capacity of 180MW at the central coastal area, it is the largest solar power plant in the history of the country. The total amount is about NTD 1.8 billion to 2 billion, accounting for one-third of the capacity of Pingtung module plant. It can help consolidate revenue and lay the foundation for future overseas cooperation.
Currently, the capacity of TSEC's module and cell is 600MW and 500MW, respectively, and it is also one of the few profitable manufacturers in the first half of 2019. The company has received a number of orders, such as the previously announced order for Taisugar detention basin. A total of 59MW of solar energy will be established in six detention basins in Changhua, Yunlin, Chiayi and Pingtung. If the 180MW order is added, the total capacity has reached 240MW, up to 50% of next year's order target.
TSEC has also received many orders for large power plants in the past year, such as the 70MW Mingus Solar Project, Taiwan's largest private solar plant, which was connected to the grid in July this year. The 150MW solar power plant in Cigu, previously the largest, will also be launched next year. As TSEC said before, 2020 is a year to look forward to.
The central coastal area 180MW power plant will use TSEC's Aegis solar module. TSEC spokesman Henry Chiang said, the Aegis solar module has a special design and materials for environmental tests such as high temperature, high humidity, high salt damage and typhoon. This ensures stable power generation in power plants for more than 20 years and customers' ROI.
2020 is expected to be a bumper year of grid connection for large-sized solar power plants. In addition to the large-scale cases mentioned above, using more than 5,000kW electricity should be forced to adopt the proportion of 10% of green electricity. The Ministry of Finance has previously released 3,000 hectares of land, with an estimated capacity of 3,000MW. Besides, previously it was announced that TSMC plans to spend NTD 60 billion to install a 1,230MW solar power plant.
This also represents that the MOEA is on track to meet the 2.2GW solar installation capacity target set by 2020 and the solar photovoltaic phase II target of 6.5GW for 2019-2020.