2020/06/10ECOVE Ranks as Top 5% Performer in the Corporate Governance Evaluation for Six Consecutive Years
In the 6th Corporate Governance Evaluation by Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx), ECOVE has finished among top 5% of the 1,600 publicly listed companies evaluated. Since the evaluation was launched, ECOVE has been ranked as a top 5% performer for six consecutive years, and has been listed as top 10% of TPEx listed companies in the non-finance and non-electronics industry category with a market capitalization of TWD 10 billion or more for the second year.
ECOVE is the first holding company in Taiwan which had been listed in the TPEx market. Inheriting from its parent company CTCI Corporation a high emphasis placed on corporate governance, ECOVE well established a risk monitoring system. For years, it has been dedicated to ensuring equal treatment for shareholders and protecting their rights and interests, enhancing board structure and operation, increasing information transparency, and putting corporate social responsibility into practice. These values have made it a transparent, accountable company whose corporate culture is characterized by integrity management, a key to its steady development.
As a leading resource management services provider, ECOVE will continue to hold fast to its beliefs of “advancing Resource Cycling EfficiencyTM,” “applying intelligent, data-driven operational systems,” “participating actively in national/ regional agenda and policy,” and “engaging in community collaboration and contribution.” Its ultimate aim is to bring sustained values for the economy, environment, and society as a whole, so as to bring values to all stakeholders in return.
2020/03/23The Miaoli County Government praised ECOVE for its O＆M performance at Miaoli EfW Plant
ECOVE Miaoli Energy Corp., has long been dedicated to improve resource cycling efficiency and promote environmental education; the efforts have been recognized with Miaoli Country.
ECOVE takes in charge of the investment, development, construction, operation and maintenance(O＆M) of the Miaoli County build-operate-transfer (BOT) Energy-from-Waste (EfW) plant , dealing with 170,000 metric tons of waste from 18 villages and towns in Miaoli County every year.
Under the ECOVE’s operation, the Miaoli Plant could generate 93 million kWh of energy which could supply 20,000 households with electricity throughout the year; Also, in recent twelve years, the Plant has been honored with two premium awards and six excellence awards in annual evaluations for incineration plants organized by Taiwan Environmental Protection Administration (EPA), the head of Miaoli Country Hsu Yao-chang said.
Hsu also pointed out that ECOVE took lead in adopting an “automatic pound system”with vehicle identify and e-tag functions to improve working efficiency, and consistently keeps the operation rate of the plant at 94%.
In terms of community development, at the only EfW plant surrounded by a wetland in Taiwan, ECOVE adopted the neighboring beach and invited coworkers as well as local residents for cleaning campaign. In the meantime, the plant was rated as a 5-Star environmental education facility title by EPA for turning a EfW plant into an environmental classroom, the deputy director of the Miaoli County Environmental Protection Bureau Chen Feng-tai said.
ECOVE, counting every resource, excels in O＆M of EfW plants and commits to boosting recycling efficiency. With the abundant experience, ECOVE will continue to provide high-efficiency, low-pollution, energy saving, safe and stably operating services in EfW industry.
2020/03/10ECOVE Transforms Idle Landfill into Photovoltaic Power Plant: Jing-Liao PV Plant in Tainan Now in Commercial Operation
ECOVE, Taiwan's largest environmental resource management corporation, announces that it has completed the synchronization of a photovoltaic (PV) power plant at the Jing-Liao Landfill in Tainan City. As Taiwan’s leading company in the solar power sector, ECOVE invested and constructed Jing-Liao Photovoltaic Power Plant, which is expected to generate 1.08 million kWh of green power, enough to supply about 300 households and cut down 575 metric tons of carbon emissions annually. This is equivalent to the amount of CO2 that can be absorbed by 1.4 Da'an Forest Park, the largest park in Taipei.
In recent years, Tainan City Government endeavors to promote multiple land uses and produce green energy on idle lands. In collaboration with the city government, ECOVE has engaged in a series of projects to plan, invest, construct, and operate photovoltaic power facilities at idle landfills; up till today, it has completed 12 photovoltaic power constructions, including Xin-Ying Plant, Cheng-Hsi Plant, Yan-Shui Plant, Ma-Dou Plant, and Jing-Liao Plant. In total, the 12 power facilities can generate up to 19 million kWh of green power, enough to supply 5,225 households and cut down 10,127 metric tons of carbon emissions annually. This is equivalent to the amount of CO2 that can be absorbed by 26 Taipei Da'an Park.
In Taiwan, a small island with high population density, acquiring land for installing PV power plants is not easy. That is why ECOVE chooses idle landfills as building sites for PV power plants, offering merits of land revitalization, low pollution, and green energy generation. In the coming days, ECOVE will continue to support the government in renewable energy projects to achieve the green energy goal.
2020/01/15ECOVE Becomes First Taiwanese Company to Join US-Based Green-e Energy Certification Program
ECOVE Solar Energy Corp. announces that its Lumberton Solar Photovoltaic Power Plant (PVPP) in the USA is taking part in the Green-e Energy Certification Program. As a result, ECOVE becomes Taiwan’s first solar PV investing company participating in the international certification program, assisting ECOVE in improving the efficiency and quality of renewable energy, as well as increasing the company’s position in the green energy trading market through participation in the impartial third-party verification program.
ECOVE possesses extensive experience in investment, development, construction, and operation of solar PVPPs in Taiwan and the US. Currently, all ECOVE’s solar-power plants have cumulatively generated about 130 million kWh of green electricity and reduced 73,000 metric tons of carbon emission. In the future, it will keep expanding businesses in renewable energy sectors and make contributions to the environmental protection.
ECOVE’s Lumberton Solar Plant, the 3rd largest PVPP among Taiwan’s investments in the eastern US, occupies an area of 165,000 m2 in the state of New Jersey, and generates about 12,000 MWh of green energy annually, the RECs are also sold to SREC market. According to the ASSEMBLY RESOLUTION No. 249 of New Jersey Legislature, ECOVE’s Lumberton Solar Plant was introduced and praised as follows:
In 2016, Taiwan G.D. Development Corporation (former name of ECOVE Solar Energy Corporation) completed the “Lumberton Solar Power Plant,” generating 12,000 MWh of green energy and reducing 23,000 metric tons of carbon emission annually. Lumberton Solar PVPP has contributed to the reduction of environmental warming since then. ( kindly refer to: https://legiscan.com/NJ/text/AR249/id/1621523).
Green-e Energy is an independent third-party certification program for renewable energy around the world. All the requirements of the standard must be met before Green-e Energy is used for marketing by participants, including ECOVE. The US-based NGO Center for Resource Solutions (CRS) administers the Green-e program, which helps to increase the quality and transparency of renewable energy offered to consumers and businesses. Currently, more than half of renewable energy sales in the US voluntary market are verified and certified through CRS.
CRS is promoting Green-e Energy certification program in Taiwan and developing the Green-e Renewable Energy Standard For Taiwan ROC. As Taiwan’s leading company in the Solar PV industry, ECOVE is approved by CRS to use the Green-e Energy logo in the US; consequently, ECOVE will gladly shares its experience with other companies in the industry, and makes its contribution to building efficiency and quality into renewable energy services in coming days.