Image: Thomas Tucker, Unsplash
Taiwan’s MoEA has revealed that it will allocate TWD4.08 billion ($125.9 million) to a rebate program for residential PV systems, running from 2025 to 2028.
The program supports PV systems up to 3 kW and offers up to TWD 300,000 per project.
The government said regional authorities will manage the plan, which aims to deploy PV systems to at least 120,000 households.
Feed-in tariffs (FIT) are mainly the driving force behind Taiwan’s rooftop PV market. In 2024, FIT rates will range from TWD 3.7635/kWh to TWD 5.7848/kWh.
Taiwan reached a cumulative installed PV capacity of 12,418 GW in December 2023, according to MoEA facts. Last year, Taiwan installed 2.7 GW of new PV capacity, following 2 GW of annual additions in both 2023 and 2022.
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