As the Taiwanese government has strongly promoted renewable energy, land selection, distributor feeder, regulations, budgeting, safety, technology, and bankability which is the key of renewable energy investment” must be carefully evaluated. Green financing, in which banks launch credit fund and other economic activities to support the green industry that reduces CO2 emission and promotes sustainable environmental development, has rapidly developed in recent years in Taiwan. Billion Watts Technologies and SolarEdge Technologies (NASDAQ: SEDG) will co-host the “Solar Bankability and Green Finance Development Seminar” on January 30th, in which SolarEdge VP Technical Sales- Yoni Ziv, Fubon Insurance Deputy Manager – Jansen, Fubon Bank Senior Manager – Petrex Lin, as well as ITRI Manager - Chi-Chang Chan as will present. Each expert will review different aspects of solar financing, investment opportunity, and loan conditions in Taiwan. SolarEdge will review how to increase the bankability of PV projects and ensure a solar plant’s long-term operational stability through cutting-edge module-level monitoring, superior safety for firefighting, as well as third-party technical verification.
With 5.9GW of its systems installed around the world, SolarEdge is a top global inverter company and has a strong financial standing. 676MW of system were shipped in Q3 with the revenues of $166.6 million, GAAP gross margin 34.9%, and GAAP net income $28 million. SolarEdge holds the largest market share of residential installation in the USA and is rapidly growing its commercial sales. In 2017, Billion Watts became a SolarEdge’s certified distributor in Taiwan, introducing SolarEdge 15kw-33.3kw three-phase inverters for commercial installations, HD-Wave 2.2kw-6kw single-phase inverters for residential installations, and power optimizers to the Taiwan PV market. The new 55kw-100kw three-phase inverters are expected to launch in the first half of 2018, which are designed for MW level ground-mount and rooftop commercial PV system installations.
The SolarEdge solution consists of inverters, power optimizer, and a cloud-based, module-level monitoring system. The power optimizer enables module-level MPPT maintains the maximum power point of each solar module to eliminate mismatch losses, such as, partial shading, module aging, and manufacturing tolerance. The SolarEdge solution improves the system’s design flexibility by enabling significantly longer strings, parallel strings of unequal lengths and modules of different orientations, capacities, and layouts in a single string. Furthermore, SolarEdge’s superior safety feature, SafeDC™, decreases DC wire voltage when the inverter or grid are disconnected or turned off. The SafeDC™ feature is designed to protect installers, maintenance personnel, and firefighters.
“Due to high capital investment in initial PV power plant construction, it’s essential to master how to reduce the financial burden of investors to popularize the solar energy. Therefore, banks try to understand the demand for solar investment, risk and performance improvement to improve energy output and reliability, and mitigate investment risk. Bankability is no longer an individual project that banks will work closely with renewable energy companies, government, contractors, equipment manufacturers, O&M and certification bodies reduce financial risk and maintain the long-term stability of solar farms. Through this seminar, we would like to provide the opportunity that people get to know the solar PV market trend, opportunity, and potential risk in Taiwan, and how to work with banks and insurance institute to foster green finance and create a sustainable renewable energy industry.” Said Elaine Chen, the Sales & Marketing Manager of Billion Watts Technologies.
“Solar Bankability and Green Finance Development Seminar”
Time: January 30th (Tuesday) 13:30~5:00
Location: HNBK International Convention Center
About Billion Watts
Billion Watts Technologies is one of the subsidiaries under the Billion Electric Group. Based on its parent company's communications and power technology expertise, Billion Watts Technologies offers a wide range of PV solar string and module-level monitoring solutions that fully reveal every nano detail about a solar site.
+ 886-(02)29145665 #315