Taiwan Government to subsidize solar power facilities
The Ministry of Economic Affairs announced it will soon begin distributing NT$435 million (US$13.6 million) in subsidies to help public institutions around the nation install photovoltaic systems on their premises.
The MOEA noted in a press release that the disbursements are part of the “Green Energy Industry Project” unveiled by the Executive Yuan in June 2009. The project calls for the government to help nurture the solar energy sector in hopes that it will be capable of generating NT$450 billion in output on its own by 2015.
In March of this year, the MOEA handed out NT$544 million in funds to municipal governments to help them install solar panels on their buildings. These funds, the MOEA noted, were used to install photovoltaic systems capable of generating 2,761 kilowatts of power per year.
Due to the enthusiastic reception of the March subsidies, the MOEA decided it would go for a repeat performance in the second half of the year. In July it asked for further submissions, with the deadline being Aug. 15. Now that this date has passed, the MOEA will begin reviewing the applications immediately, the ministry said.
Of the NT$435 million budgeted, NT$120 million will go to agricultural agencies, NT$160 million will be given to transportation agencies and NT$155 million will be handed out to “miscellaneous” departments.
According to the MOEA, industry statistics show that in 2009 total installed solar power capacities amounted to 8,854 KW, more than double the 4,099 KW installed the year before that.
At this rate of development, Taiwan’s total installed capacities will reach 320 megawatts by 2015, providing at least 300 million kilowatt hours of electricity, the MOEA said.
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