J&V Energy Technology, a renewable energy project developer, has agreed to acquire a 187 MW portfolio of operational solar projects in Taiwan from a fund managed by Global Infrastructure Partners (GIP).

The portfolio comprises 42 operational solar projects located across Central and Southern Taiwan, with a combined nameplate capacity of 187 MW. According to J&V Energy, the assets are expected to generate about 270 million kWh of clean electricity annually. The portfolio is said to have a remaining operating life of more than 15 years.

Kai Tan, Deputy CEO of J&V Energy, said, “Taiwanese corporates, particularly those in the export-led semiconductor, electronics, and ICT supply chains,  are facing growing pressure to source verifiable green electricity at scale. Adding 187MW of operational generation to our integrated platform meaningfully expands what we can offer those clients through GREENET and complements the broader integrated service offering across the J&V Group. This transaction strengthens our ability to deliver stable, long-term green energy supply to our partners as they progress towards their net-zero commitments.”

The transaction is expected to close in the third quarter of 2026, subject to customary regulatory approvals and closing conditions. The companies did not disclose the financial terms of the transaction.

J&V Energy said the acquisition would add generation capacity to its renewables platform in Taiwan. The company said the additional capacity would also expand GREENET’s supply pipeline, its green electricity retail subsidiary listed on the Taipei Exchange.

After completion, J&V Energy will integrate the assets into its operating, asset management, and electricity retail platforms in Taiwan.

Previously, in 2024, JNV Philippines Renewable Corporation entered into an agreement to acquire the full equity interest in a 180 MW ground-mounted solar project in General Santos, Philippines. The acquisition marked J&V Energy’s first utility-scale renewable energy investment in the country.

According to Mercom’s Q1 2026 Solar Funding and M&A report, approximately 18.4 GW of solar projects were acquired in the first quarter of 2026, compared to 13.6 GW in Q1 2025.

Recently, Altea Green Power, an independent renewable power producer, acquired 100% of the SPV NB5, a special-purpose vehicle (SPV) that owns a 16.75 MW photovoltaic project in Montecchio Emilia, Reggio Emilia, Italy, from an undisclosed seller.