Driven by environmental and climate change concerns, the world is witnessing dramatic moves toward renewable energy and sustainability, particularly in Taiwan. The government has passed various measures aimed at promoting manufacturing, power generation and transportation related to solar, onshore wind, offshore wind, biomass, hydro and other eco-friendly sources. Nuclear power generation is decreasing, as the nation works to phase it out completely and increase energy from renewable sources to 20 percent by 2025.

Taiwan’s renewable industries face challenges from project finance to U.S. tariffs to price competition from China, but the nation boasts many accomplishments. It is the world’s second largest producer of photovoltaic cells, onshore and offshore wind farms are expanding, and green energy companies, manufacturing, industrial parks, smart grid metering and liberalization of the energy market are all on the rise. Duane Morris has expertise helping in all of those areas.

REPRESENTATIVE MATTERS• Represented a Taiwan company in the development, operation

and sale of several solar power projects in Europe, Asia and the U.S., including two 10Mwp projects in Italy and a 1.2Mwp project in Germany.

• Represented a Taiwan company in bidding to provide EPC services on 1.2Mw solar project in California and services on a 50Mw solar project in Texas.

• Represented a Taiwan company in resolving disputes concerning alleged microcracks, corrosion and other defects in solar modules purchased from a China company for US$18 million, including assisting with root cause analysis, demands and arbitration.

• Represented a Taiwan company in cooperation agreement with European company for the development and manufacture of power-generating technology for electric buses and trucks.

• Represented German wind power developer EAB New Energy GmbH concerning a wind project in Mui Dinh, Vietnam, with total investment of US$100 million.

• Advised Greencells Group, an EPC provider of turnkey solar PV power plants based in Germany, on the establishment of a commercial presence in Vietnam and implementing solar power projects there.

• Advised a foreign investor on the cross-border acquisition of two solar power plants and a project company in Myanmar worth in excess of US$500 million.

• Represented an Italian developer and private IPP operator concerning the regulatory framework and issues related to setting up a long-term joint venture, as well as implementation of solar power projects, in Vietnam.

• Advised Sembcorp Utilities Limited as lead sponsors on the implementation of a 225MW gas-fired power plant on BOT basis in Myingyan, Myanmar, the first internationally tendered power project in the country and its biggest gas-fired power station.

• Represented a French CAC 40 company in a structured finance transaction in which Veolia provided guarantees for a certain portion of a credit facility entered into by its indirect affiliate, Ridgeline Energy, LLC. Ridgeline, a U.S.-based wind-energy project developer, will use the credit facility to finance its Goshen Phase II wind-energy project in Idaho. Duane Morris provided a legal opinion regarding the guarantees for the banks that provided the credit facility.

RENEWABLE ENERGY AND SUSTAINABILITY

PRACTICE FOCUS AREASOur lawyers possess extensive experience in energy developments, regulation, corporate, project finance, environmental, construction and real estate matters to provide seamless, full-service legal support to clients in the renewable energy sector. Our objective is to help our clients from the prefeasibility and planning stages through public tender, licensing, startup and implementation, as well as the operational stages:

• Legal feasibility studies on renewable energy projects, including solar, wind, water, biomass, heat recovery and biofuel power projects• Securing land and lease agreements• Licensing of renewable energy projects• Securing environmental permits as part of an environmental compliance strategy• Structuring investments to comply with corporate objectives• Structuring various forms of financing for renewable energy projects, including project finance and private- public partnerships• Engineering, procurement and construction of renewable energy projects and infrastructure• Protecting and licensing intellectual property rights• Public procurement, bidding and public-private partnerships

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www.duanemorris.com | © Duane Morris LLP 2018 | January 2018

This publication is intended as a general overview of the subjects dealt with. It is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. Duane Morris & Selvam LLP and Duane Morris LLP cannot accept any responsibility for any actions taken or not taken on the basis of this publication.

OFFICE LOCATIONS AND REACH

UNITED STATESAtlanta AustinBaltimore Boca Raton Boston Cherry Hill Chicago Houston Lake Tahoe Las Vegas Los Angeles

MiamiNew York Newark Philadelphia Pittsburgh San Diego San Francisco Silicon Valley Washington, D.C. Wilmington

> Joint ventures in Myanmar, Oman, Shanghai and Singapore

> Alliances in Mexico and Sri Lanka > Leadership positions with

international networks of independent law firms

INTERNATIONALHanoi Ho Chi Minh City London Myanmar

Oman Shanghai Singapore Taiwan

DUANE MORRIS & SELVAM TAIWAN

Duane Morris & Selvam Taiwan lawyers work closely with clients to achieve their business goals in a strategic and cost-effective manner. In addition to renewable energy and sustainability, we handle a full-range of practice areas, from intellectual property and technology to commercial and corporate transactions and disputes, anti-dumping, antitrust, environmental, regulatory compliance, white-collar crime, construction, employment, foreign trade and investment.

Members of our Taiwan office collectively have decades of experience working inside Taiwan companies, including as Senior Vice President and General Counsel of Taiwan Semiconductor Manufacturing Company, Ltd.; Counsel for Texas Instruments for the Asia Pacific Region; Legal Director at Lite-On Technology Corporation; and positions at Winbond Electronics Corporation and Medigen Biotechnology Corporation. With fluent Mandarin capabilities and backed by more than 750 Duane Morris attorneys worldwide, our Taiwan team regularly delivers satisfying results.

FOR MORE INFORMATION, PLEASE CONTACT:

RICHARD L. THURSTON, PH.D. Of Counsel Duane Morris LLP P: 1.212.471.1873 rlthurston@duanemorris.com

CHRISTOPHER M. NEUMEYER Special Counsel Duane Morris & Selvam Taiwan P: 886.2.8978.9311 cmneumeyer@duanemorrisselvam.com

ERIC CHU Consultant Duane Morris & Selvam Taiwan P: 886.2.8978.2251 echu@duanemorrisselvam.com

TINA KAO Technical Advisor and Office Manager Duane Morris & Selvam Taiwan P: 886.2.8978.2257 tkao@duanemorrisselvam.com

Duane Morris & Selvam LLP is a joint law venture consisting of international law firm Duane Morris LLP and Singapore law firm Selvam LLC. Supported by a network of more than 800 attorneys in multiple offices around the world, it offers innovative solutions to the legal and business challenges presented by today’s evolving global markets.

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• Represented developer of a wind farm in western Pennsylvania. At the time construction was completed, it was the largest wind project east of the Mississippi River.

• Negotiated interconnection agreements, electricity-sales contracts, utility-undergrounding agreements and load-transfer agreements.