Taiwan Renewable Energy Certificate Market valuation $416.65 million by 2032 - Exclusive Report by DatamIntelligence

"The Taiwan renewable energy certificate market is experiencing rapid growth, valued at US$ 148.56 million in 2024 and projected to reach US$ 416.65 million by 2032, at a CAGR of 12." As per DataM intelligence research report

Download your exclusive sample report today: (corporate email gets priority access): https://www.datamintelligence.com/download-sample/taiwan-renewable-energy-certificate-market?sp

Taiwan: Recent Industry Developments

✅ In October 2025, Taiwan Power Company (Taipower) expanded its renewable energy certificate program for solar and wind projects. The initiative encourages corporate and utility participation. It supports Taiwan's carbon neutrality and clean energy targets.

✅ In September 2025, a consortium of Taiwanese renewable developers launched a new REC trading platform. The platform enables transparent and efficient tracking, trading, and retirement of certificates. It strengthens investor confidence and market liquidity.

✅ In August 2025, the Taiwanese government introduced updated guidelines for REC issuance and verification. The rules enhance compliance, reporting accuracy, and renewable energy transparency. They promote sustainable growth of solar and wind sectors.

✅ In July 2025, Taiwan's Ministry of Economic Affairs partnered with international ESG funds to expand REC investments. The initiative attracts cross-border funding for offshore wind and solar projects. It strengthens Taiwan's renewable energy infrastructure and market credibility.

Taiwan Renewable Energy Certificate Market: Drivers

The renewable energy certificate (REC) market in Taiwan is experiencing growth as the country intensifies efforts to transition toward clean and sustainable energy sources. RECs serve as market-based instruments to certify the generation of renewable electricity, allowing companies and utilities to meet regulatory targets and demonstrate environmental responsibility. Increasing government support for renewable energy development, such as solar, wind, and biomass projects, is boosting demand for RECs. Rising corporate commitments to carbon neutrality and sustainability goals are further driving adoption, as organizations seek to offset their electricity consumption with green energy credits. Additionally, growing awareness of climate change mitigation and energy policy incentives is encouraging participation from both private and public sectors.

Technological advancements in renewable energy generation, grid integration, and digital tracking systems are enhancing the transparency, efficiency, and verification of REC trading in Taiwan. Collaborations between energy providers, certification bodies, and government agencies are facilitating streamlined issuance and market participation. Expansion of renewable capacity and supportive policies, such as feed-in tariffs and green energy mandates, are creating new opportunities for REC issuance. Increasing demand for corporate sustainability reporting and compliance with international environmental standards is further supporting market growth. With continuous government backing, technological improvements, and rising corporate and consumer awareness, the renewable energy certificate market in Taiwan is poised for steady expansion.

Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/taiwan-renewable-energy-certificate-market?sp

Taiwan Renewable Energy Certificate Market: Major Players

Taiwan Renewable Energy Certificate Center (T-REC Center)
APX Inc
TÜV AUSTRIA Group
I-REC StandarS

Segment Covered in the Taiwan Renewable Energy Certificate Market:

By Type
The Taiwan Renewable Energy Certificate (REC) Market is segmented into I-REC and TIGR. I-REC dominates due to higher market acceptance and international recognition. TIGR is growing with niche adoption for corporate sustainability initiatives.

By Energy Source
Energy sources include Solar RECs, Wind RECs, Hydro RECs, Biomass, and Geothermal. Solar RECs lead the market due to Taiwan's significant solar energy capacity. Wind and hydro RECs are expanding with ongoing renewable energy projects.

Regional Analysis

Taiwan
Taiwan dominates the market entirely as a national-level REC system. Growth is driven by renewable energy policies, corporate sustainability targets, and government incentives promoting solar and wind energy generation.

Purchase this report before year-end and unlock an exclusive 30% discount:
https://www.datamintelligence.com/buy-now-page?report=taiwan-renewable-energy-certificate-market
(Purchase 2 or more Repots and get 50% Discount)

Request for 2 Days FREE Trial Access:
https://www.datamintelligence.com/reports-subscription?sp

✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg

Related reports:

1.Renewable Energy Certificate Market: https://www.datamintelligence.com/research-report/renewable-energy-certificate-market?sp
2.China Renewable Energy Certificate Market: https://www.datamintelligence.com/research-report/china-renewable-energy-certificate-market?sp
3.Asia-Pacific Renewable Energy Certificate Market: https://www.datamintelligence.com/research-report/asia-pacific-renewable-energy-certificate-market?sp

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.