Japanese Mitsui Sumitomo Construction to Open Taiwan Subsidiary | Target Waterborne Solar Equipment Market Share of 50%

Optimistic about the huge green business opportunities in Taiwan, China? Sumitomo Mitsui Construction Group formally came to Taiwan to set up 'Taiwan's Three Jiajian' subsidiary, in December began to sell 'solar power system', including the floating board carrying solar panels, vertical support, etc. Equipment, with a market share target of up to 50%. They also estimate ambitious business opportunities up to NT 15 billion by 2025. "Nikkei News" reports that they will consider the results of sales in Taiwan Deployed to ASEAN, India, China and other places.

Taiwan government actively promotes green energy in the island, including solar installed capacity of 20GW by 2025. Sumitomo Mitsui Construction optimistic about the development potential of Taiwan's green energy industry, but compared to the onshore solar energy equipment for the scale and economy Efficiency, we need to grab a large amount of land and the group will target a number of controversial water spaces, including agricultural industrial reservoirs and detention basins.

The full name of the product is 'Aquatic Sunburst System'. The main equipment being patented includes: floating body (placing solar panel), vertical support (supporting floating body), bridge (maintenance channel), tie (fixed floating body) Bolts, solar panel fixed parts, basically corresponding to various manufacturers of solar panels.

Aquatic Sunlight Float System. (Source: Taiwan Three Lives)

On December 1, at the opening press conference, Taiwan's San Jia Jian, general manager of Xin Jia Zhi, said that the number of Taiwan's agro-industrial reservoirs, lakes or reservoirs would not be less than that of Taiwan's floating body equipment capable of resisting the typhoon. It has been evaluated that the equipment will not be harmful to the underwater environment. In addition, due to the water cooling effect on the water solar power system, the power generation efficiency can be 6% higher than onshore solar energy, without the need for land development. If we can make good use of these Water space, I believe we can further promote the Taiwan's solar energy industry.

At present, Taiwan's three good build has taken over 20 cases, the number of enterprises about 10, they aim to allow the installation of solar water up to 2GW by 2025, the floating market share of waterborne systems to lay half of the market, the business is NT 15 billion yuan.

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