J&V Energy announced on August 3, 2026, that it had completed the acquisition of a portfolio of operational solar projects in Taiwan held by Global Infrastructure Partners (GIP), the global infrastructure investment arm of BlackRock. With a total installed capacity of 187MW, the portfolio marks the largest domestic solar asset transaction by installed capacity in 2026.
J&V Energy said that following the deal's completion, related engineering, procurement and construction (EPC) revenue would be recognized gradually over the next two years based on project progress. The company estimated the transaction could contribute a double-digit percentage of the group's annual revenue and become one of the key drivers of its operational growth.
J&V said the acquisition comprises 42 operational solar projects across central and southern Taiwan, with a combined installed capacity of 187MW. The portfolio is expected to generate about 270 million kWh of electricity annually, equivalent to supplying the year-round power needs of around 80,000 households. The projects are expected to continue generating stable power for more than 15 years, providing the group with long-term and predictable operating income.
The 42 project sites will also continue to generate revenue through power generation, operations and maintenance, and asset management. The additional output can be fed into subsidiary GREENET's renewable power supply system, expanding the volume of green electricity available for delivery and improving the group's overall operating efficiency and long-term earnings stability.
J&V Energy general manager Shu-Min Chao said the deal had lifted the group's annual power generation from about 250 million kWh to about 520 million kWh, more than doubling its scale. As corporate low-carbon transformation and green power demand from high-tech industries continue to grow, the group will leverage its larger renewable energy portfolio to enhance green power supply capacity, long-term fulfillment capability, and market competitiveness.
J&V Energy vice president Kai Tan said the rapid development of AI and high-performance computing (HPC) was driving corporate demand for stable, low-carbon, and dispatchable electricity. The deal significantly expanded the group's generation and power supply scale, and J&V Energy will further integrate solar, energy storage, solid oxide fuel cells (SOFC), and energy management capabilities to provide diversified energy solutions based on different corporate power usage scenarios, supporting the computing power growth of AI data centers and the high-tech industry.
Looking ahead, J&V Energy will continue to target the AI data center market and leverage its strengths in energy development, supply, and integrated services to build the low-carbon energy infrastructure required in the AI era.
Article translated by Charlene Chen and edited by Jerry Chen
