Last Friday, Taiwans Ministry of Economic Affairs (MOEA) announced that the nation has reached 728 MW of installed solar PV, as of October 2015. The nations Southern Region hosts the bulk of this, with 387 MW installed.
MOEA credits the passage of the nations feed-in tariff under the Renewable Energy Development Act with this growth, noting that installed PV levels in the Southern Region have increased more than 100-fold since 2008. Feed-in tariff levels are currently at US$ 0.15-0.22 per kilowatt-hour.
In May 2015, MOEA set a target to reach 8.7 GW of installed PV by 2030, with an annual installation target of 500 MW. MOEA stresses that collaboration between central and local governments will be essential to achieve its goals. The agency notes that it is encouraging local governments to install PV on the roofs of public buildings.
Popular content
Taiwanese companies have carved out a niche in PV cell production, in a value chain increasingly dominated by China. And while the nations cell producers have come under pressure since the imposition of U.S. tariffs in 2014, many are diversifying their business operations and recent quarterly results show that market leaders are generally returning to profitability.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.