Shinfox Energy

Green Energy Trading Platform

FOXWELL POWER CO, LTD.

Foxwell Power is a subsidiary of Shinfox Energy, which is the first domestic enterprise to be granted a license to retail renewable energy. It’s devoted to establishing “green energy platform”, offering the most reliable and convenient green energy trading and T-REC transaction, the most professional ESCO services and energy storage device. It provides companies full green energy services, connecting to the new era of global green supply chains.


Advantages

RE100

Convened by The Climate Group in partnership with CDP, RE100 has attracted over 100 member companies which are well-known around the world to commit to the campaign. The initial goal is to achieve 100% green electricity supply chain transformation by 2025.

Legal Obligation of Renewable Energy Development Act

Renewable Energy Development Act was amended in April, 2019, stipulating that electricity users whose contract capacity is above 5,000 kW need to fulfill “10% RE obligation”:

  • Buying T-RECs or Renewable Energy: 1.25 MWh must be purchased for every 5000 kW contract capacity (5,000 kW*10%*2,500kWh)
  • Building Self-Use Renewable Energy Power Generation Facilities.
  • Paying Cash in Substitution: according to the rate in 2020, NT$ 5.075 million should be paid for every 5,000 kW contract capacity (1.25 MWh*NT$4.06/kWh).
  • Installing Energy Storage Device: 500 kWh storage device should be installed for every 5,000 kW contract capacity and it will supply electricity for 2 hours at least.

Service Procedure

  • Guaranteeing robust information security system, simplifying transaction application process, making using of mobile devices to keep track of the power status at any time

  • Financially stable and complete layout of Shinfox Energy’s RE businesses; customized green energy proposals and FIT

  • The most professional energy storage system and ESCO services



Green Energy Trading

Foxwell Power participated in the process of opening renewable energy electricity market. The first deal of green energy trading was matched and made through the information management platform established by National Renewable Energy Certification Center, MOEA.

FWP’s Trading Process


* Reference: Adapted from the green power platform trading process, National Renewable Energy Certification Center

Professional Technology

ESCO Services

In the case of energy conserving plan for Hanshin Department Store and the Grand Hi Lai Hotel in Kaohsiung, Foxwell Power replaced LED and frequency conversion devices and optimized smart energy saving systems to save. In total, 65 million kWh of electricity and NT$136.5 million of electricity are saved in 5 years, and 33,085 metric tons of CO2 emissions are reduced in carbon reduction. (2019 electricity carbon emission factor announced by Bureau of Energy, MOEA )

Our ESCO total solutions focus on the energy saving for hot water, air conditioning, lighting equipment, frequency conversion and intelligent monitoring.

Inquire Now

Do you need a comprehensive green energy service to connect to the new era of international green supply chains?


Foxwell Power Website