Aquila Capital Investment has secured full financing for a 26.3 MWp solar-fishery project in Taiwan, marking an important step in the country’s renewable energy journey. The project brings together solar power generation and fish farming, showing how clean energy can work alongside traditional livelihoods. With funding now in place, Aquila Capital is set to move ahead with the construction and later operation of the facility.
The financing was arranged through a group of lenders, reflecting strong confidence in Taiwan’s renewable energy sector. Investors have shown faith not only in the country’s solar market but also in the technical and commercial strength of combining solar panels with aquaculture. This support highlights the growing acceptance of hybrid projects that use land or water for more than one purpose.
The solar-fishery project will play a role in helping Taiwan reach its target of 20 GW of solar capacity by 2025. For Taiwan, where land is limited, such projects are especially important. By placing solar panels above fish ponds, the same area can be used to produce both food and electricity. This approach reduces pressure on land resources while increasing overall productivity.
In addition to power generation, the project is expected to bring benefits to fish farming operations. The solar panels provide shade, which helps reduce water evaporation and can keep water temperatures more stable. These conditions can support healthier fish growth and, in some cases, improve yields. At the same time, the electricity produced will be supplied to the national grid, helping cut dependence on imported fossil fuels.
Aquila Capital’s investment also reflects the rising role of international investors in Asia’s clean energy transition. The company has stated that the project fits its broader strategy to expand across the Asia-Pacific region by investing in sustainable infrastructure. The focus is on projects that deliver environmental benefits while offering long-term and stable returns.
The project aligns with Taiwan’s government policies that promote renewable energy development without harming traditional industries. By supporting the coexistence of solar power and fisheries, the initiative aims to protect local jobs and support fishing communities rather than replace them.
As the project moves forward, it is expected to serve as a model for future solar-fishery developments. The successful financing shows that such multi-use renewable energy projects are commercially viable. Once operational, the plant will reduce carbon emissions and supply clean power to thousands of homes, strengthening Taiwan’s position as a leader in innovative renewable energy solutions in East Asia.
