The proposal would initially target about 700 large electricity users as Taiwan seeks to ease pressure on its grid from booming AI, semiconductor and data centre demand.
The Department of Energy will require clean energy plants generating at least 10 megawatts to integrate energy storage systems for grid stability. But the move could result in more expensive and fragmented storage units, warns industry association.
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The Philippine bank is the biggest lender to the US$2.64 billion MTerra Solar project, which aims to provide clean energy to about 2.4 million local households.