State-run utility Taiwan Power Co (Taipower, 台電) and oil refiner CPC Corp, Taiwan (CPC, 台灣中油) signed a memorandum of understanding Wednesday to invest in two geothermal power plants in Yilan County, the Ministry of Economic Affairs (MOEA) said.
The project will begin in the county's Renze area with the construction of a 2 MW geothermal power plant that will have the capacity to supply electricity to about 3,000 households for a year after it becomes operational in 2022, the MOEA said.
The project will begin in the county's Renze area with the construction of a 2 MW geothermal power plant that will have the capacity to supply electricity to about 3,000 households for a year after it becomes operational in 2022, the MOEA said.
According to Taipower, the Renze plant will be built at cost of approximately NT$600 million (US$20.57 million), and a second geothermal plant will be set up later in Tuchang.
When both plants are completed, they will have a total capacity of 8 megawatts, Taipower said.
From the Global Geothermal News archives:
- Monday, March 12, 2018 - Taiwan: Geothermal Power Project to Go Ahead in Yilan County
- Tuesday, January 12, 2016 - Taiwan: Geothermal Energy Production Within Four Years