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KACO new energy sets up presence in Taiwan.

11-03-2017 12:49 PM CET | Energy & Environment

Press release from: KACO new energy GmbH

Country Manager Stanley Yu discusses KACO new energy?s inverter technology at PV Taiwan 2017

Country Manager Stanley Yu discusses KACO new energy?s inverter technology at PV Taiwan 2017

Neckarsulm, 3. November 2017 – At the beginning of the year, the inverter manufacturer KACO new energy strengthened its presence in the growth market of South East Asia by appointing a Territory Manager. This announcement set the course for rapid expansion in Taiwan, one of the fastest-growing markets for photovoltaics. The company now has its own representation marketing the “Made in Germany” technology on the island, where the government plans to install new photovoltaic capacity of more than 18 gigawatts by 2025.

The Taiwanese government is planning to expand the installed photovoltaic power from around 1.5 gigawatts at present to 20 gigawatts by 2025. The short-term goal is to add 1.52 gigawatts in the next year and 6.5 gigawatts by 2020. By focusing on the major expansion of solar power and other renewable energies, sun-drenched Taiwan will be able to complete its gradual withdrawal from nuclear power. The government is intending to invest more than 29.3 billion euros in the project.

A wise investment, as it can be assumed that, over the long term, this will help reduce costs for imported fossil fuels and allow Taiwan to become increasingly less dependent on these. What's more, it will reduce the very high environmental burden resulting from the use of fossil fuels.

This reasoning applies to many countries in the Asia-Pacific region with growing economies, which is what led KACO new energy to step up its engagement in the region by appointing a Territory Manager in February of this year. The company made use of the market information and contacts obtained through this move to establish a presence in Taiwan very quickly.

Backed by the German inverter pioneer's years of international expertise and extensive product portfolio, Country Manager Stanley Yu is well equipped to face the challenges of the Taiwanese solar market.

The island nation of Taiwan has only limited suitable space available for solar power plants. Of the 20 gigawatts announced, 17 will be generated by ground-mounted systems and 3 by rooftop systems. Although the Taiwanese Ministry of Economic Affairs has prioritised the expansion of transmission lines and associated infrastructure, it must be possible to integrate the solar power plants in all available building, land or coastal areas.

“Inverters from KACO new energy provide power outputs ranging from small rooftop systems to large-scale megawatt parks. Owing to our integrated system solutions and the continuously high power of the inverters, even under difficult climate conditions, we can satisfy any requirement,” says Stanley Yu.

The product portfolio for Taiwan will be made up predominantly of blueplanet 5.0 TL1, blueplanet 20.0 TL3 and blueplanet 50.0 TL3 inverters, which are used for solar power plants of less than 500 kilowatts. The variant OD+ of the blueplanet 50.0 TL3, in particular, has lasting resistance to the salt air corrosion that can occur directly on the coast. Making up the fourth in the set is the soon-to-be-launched blueplanet 125 TL3 with 1500 volts of input voltage, a new, highly efficient solution for the megawatt range.

About KACO new energy:
KACO new energy, headquartered in Neckarsulm, Germany is one of the world’s largest manufacturers of inverters for grid-feed solar power. The product line-up covers the full power range, from single units designed for a family home up to complete systems for solar parks producing megawatts of electricity. Since 1999, KACO new energy has supplied inverters with a cumulative power output of 10 gigawatts. This offering has been extended to include solutions for PV self-consumption and energy storage, devices for grid management, as well as products and value-added services for utility-scale projects. KACO new energy is the first company in the photovoltaic industry to achieve CO2-neutral production and in 2014, celebrated the 100th birthday of the original parent company which, at the end of the 1930s, was one of first ever inverter manufacturers.
More at www.kaco-newenergy.com

Press information can also be found at
http://kaco-newenergy.com/news
printable image material at
http://kaco-newenergy.com/download/images-and-brochures/press/2017/

Contact:
KACO new energy GmbH
Kornelia Lauser
Director Global Marketing & Power Plant Solutions
Carl-Zeiss-Str. 1
74172 Neckarsulm
Germany
Tel. +49 7132 3818-0
Fax +49 7132 3818-703
pr@kaco-newenergy.de
www.kaco-newenergy.com

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