PPA signed for 115 MW Solar Project in Taiwan

Star Trade, a subsidiary of HD Renewable Energy announced the signing of a power purchase agreement (PPA) with Lightsource bp for the 115 MW fishery solar project located in Chiayi, Taiwan.

The solar farm officially broke ground in June 2025. Once operational, the project will generate up to 180,000 megawatt-hours of renewable energy a year. Under the PPA, Star Trade will manage the full offtake and sales of the solar project's energy output.

The facility merges aquaculture with solar energy generation—a method known as aquavoltaics—by installing solar panels above fishponds. This setup supports both sustainable fish farming and clean energy production. Given Budai and Yizhu's strong fish farming heritage, integrating solar technology here brings significant local benefits. Once completed, Project Budai will rank among Taiwan’s largest fishery solar installations, generating enough renewable electricity annually to power approximately 41,000 homes and reduce around 115,000 tonnes of CO₂ emissions each year.