Three to four Taiwan-based private financial holding companies have been evaluating existing PV power-generating stations or ones under construction in Taiwan as investment targets, according to industry sources in Taiwan.
Leasing service provider Chailease Finance in September 2014 acquired 71 PV power-generating stations with total installation capacity of 22.54MWp from PV EPC (engineering, procurement, construction) undertaker General Energy Solutions at NT$445 million (US$14.7 million), the sources said. Chailease plans to set up PV power-generating stations itself or acquire additional ones to reach a target total installation capacity of 150MWp in 2-3 years, the sources indicated.
For such financial holding companies, preferable targets are PV power-generating stations already in operation and producing steady income from electricity sale at a feed-in tariff rate, the sources said.
Based on current government-set feed-in tariff rates, establishment cost and loan interest rates, 20-year return on investment in PV power-generating stations exceeds 10%, the sources indicated.
