Date: October 13, 2016
The government is committed to achieving its target of generating 20 percent of the nation’s
electricity from renewable sources by 2025 as part of efforts to transition to a nuclear-free homeland and foster the green energy sector, according to Vice President Chen Chien-jen Oct. 12.
To achieve its target, the government plans to invest NT$1.2 trillion (US$38 billion) in increasing the nation’s solar power capacity to 20 gigawatts, or 250 billion kilowatt-hours, by that year, Chen said at the opening of the annual Taiwan International Photovoltaic Exhibition (PV Taiwan) in Taipei City.
PV Taiwan is one of the largest photovoltaic industry trade shows in Asia. Running until Oct. 14, this year’s edition features 131 local and international companies at 392 booths, with more than 1,700 visitors attending the opening day of the event.
“Moving toward to a nuclear-free country is a key motivation for developing Taiwan’s green energy industry, but it is not the only one,” the vice president said. “Another crucial factor is that green energy is an emerging sector with the potential to generate major business opportunities for the nation.” [FULL STORY]