Taipower, CPC to invest jointly in geothermal power plants

Focus Taiwan
Date: 2018/03/28
By: Lin Meng-ju and William Yen

Taipei, March 28 (CNA) State-run utility Taiwan Power Co. (Taipower) and oil refiner CPC

CPC Chairman Tai Chien (戴謙, left) and Taipower Chairman Yang Wei-fuu (楊偉甫)

Corp. Taiwan (CPC) 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.

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.    [FULL  STORY]

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