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Taiwan sees huge market for solar energy

Posted: 30 Nov 2007 ?? ?Print Version ?Bookmark and Share

Keywords:Taiwan solar energy market? photovoltaic module? solar-power equipment?

The Taiwan government sees massive growth in its solar energy industry, forecasting the total value to hit $12.5 billion in 2015, compared to $652 million in 2006, according to a Taipei Times report.

The report quoted the Ministry of Economic Affairs Bureau of Energy as saying that Taiwan's External Trade Development Council (TAITRA) expects the nation to account for 7 percent of the global solar-power generation equipment by 2015.

According to TAITRA, the ministry has designated solar energy as a strategic industry for Taiwan. To government will assist in building a complete industrial chain for solar energy, from the production of silicon materials and crystals, through midstream photovoltaic (PV) modules and batteries, to PV system applications.

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