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Sunday
29 Jun 2025

Lightsource BP Signs 115MW Taiwan Solar PPA

29 Jun 2025  by renews   
Lightsource BP, a global solar energy developer, has entered into its first power purchase agreement (PPA) in Taiwan for a 115MW fishery-solar project in Chiayi County. The agreement, signed with Star Trade, a subsidiary of HD Renewable Energy Group, covers the entire energy output from the Budai and Yizhu Townships project.

The initiative integrates solar energy generation with local aquaculture, supporting sustainable land use in the region. Construction has begun following the arrangement of approximately €175 million in financing. The project is expected to be completed in 2026, creating up to 750 direct jobs and contributing to local economic growth.

A Lightsource BP representative stated: “Tailored PPAs accelerate the Asia-Pacific energy transition and deliver long-term local value.” The agreement ensures a stable market for the project’s energy output while advancing Taiwan’s renewable energy goals.

The Budai and Yizhu Townships project demonstrates Lightsource BP’s commitment to innovative solar solutions that benefit both the environment and local communities. By combining renewable energy with fishery operations, the project maximizes land efficiency and supports sustainable development in Chiayi County.

This milestone marks a significant step in expanding renewable energy infrastructure in the Asia-Pacific region, fostering job creation and promoting cleaner energy sources through strategic partnerships.

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