Taipei, Taiwan, 6 September 2023 – Aquila Clean Energy APAC (ACE APAC), a clean energy platform that funds, develops, builds and operates clean energy projects in solar PV, wind and battery storage across the region, has today announced the appointment of Richard Chang as Head of Taiwan. In his new role, Chang will be responsible for leading the growth and development of the company in the market.

With a 25-year track record, Chang brings a wealth of experience to ACE APAC including exposure to a broad spectrum of infrastructure projects and roles, including asset investment, construction and operations management ranging from industrial and commercial construction to renewable energy project development. Prior to joining ACE APAC, he served as the Managing Director at Vena Energy Taiwan, where he played a pivotal part in developing and managing over 500 MW of solar assets.

Speaking on his appointment at ACE APAC, Chang shared: “I am excited to join Aquila Clean Energy and work with the experienced team here in Taiwan to deliver the projects they have expertly led thus far. As a market, Taiwan is making considerable progress towards its net zero ambitions, targeting to fulfil 20% of its energy requirements from renewable sources by 2025. I look forward to contributing to this by strengthening our operations further, building our investments and growing our development portfolio.”

ACE APAC sees Taiwan as one of its key markets in the region, and already has 11 colleagues based locally in Taipei overseeing a development pipeline of 100 MW in solar energy capacity via its solar fisheries projects. In addition to solar PV, the company is pursuing battery energy storage system projects. With the Taiwan government actively investing in clean energy as part of its strategy to achieve net-zero emissions by 2050, the company will leverage its global asset development expertise and local understanding of clean energy markets to contribute to the region’s clean energy goals.

“Our team in Taiwan has done a tremendous job establishing us here and we see strong potential in Richard to further push the needle on our presence in the region. With his proven credentials in multiple markets, and wide range of experience in clean energy and asset management, we are looking forward to seeing him grow our Taiwan operations further,” added Alexander Lenz, CEO of ACE APAC.

Since establishing its regional headquarters in Singapore in 2020, the company has steadily grown its projects and investments across the region. It has built a team of more than 60 people and is forming strategic partnerships with local developers and other stakeholders in its key markets of Taiwan, Australia, New Zealand, South Korea and Japan. The renewable energy platform has acquired a 2.6 GW portfolio of development assets so far.