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Taiwan is the factory for solar cells in the world. As the global market share of solar cell is only behind China, the domestic market is quite small. Taiwan’s electronic power source only 1% comes from Solar. It means that even Taiwan produce lots of solar cells that could not be used in the island. In fact, Taiwan has good environment in using solar power. With the environmental awareness has grown up, Taiwan is considering the model from Germany for developing solar power, to achieve the goal of Nuclear-free homeland.
In the case study we found that if it needs big amount of capital to build a solar plant. Therefore, the case study analyzed the financing method, and possibility of securitization in solar plant. Through the funds come from capital market, there are three benefits. First, it speeds up the development of solar power used in Taiwan. Second, it brings the solar industry in Taiwan more space to improve their product. Third, Taiwan can reduce the energy comes from nuclear and fossil fuels.
The case study analyzed the building of solar plant, capital funding and the possibility of solar plant securitization in Taiwan. With the Yield Co. model in USA is the hot topic, the case also analyze the way used in Taiwan. Regarding to the solar plant development, the case analyze from the beginning of assessing, plan flow, and IRR benefit, and the conclusion shows the possible way of solar plant securitization in Taiwan and provide some suggestions for future development.
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