Taiwan looks to 20% renewable energy by 2025
TAIWAN -- President Tsai Ing-wen has pledged that her Government will continue promoting green energy while fostering exchanges and co-operation with technology partners around the world. She told an energy development forum in Taipei City that green energy was pivotal to securing Taiwan's position in global supply chains.
Initiatives to boost renewables, she said, included the Cabinet-level National Development Council's countrywide financing mechanism set to spur a total of NT$100 billion (US$3.5 billion) in investment in related infrastructure projects.
She told the forum that the launch of commercial operations at Taiwan's first offshore wind farm in the northern county of Miaoli last year was set to help Taiwan hit its offshore wind power goal of 5.7 gigawatts by 2025. The Government's aim, she said, was to achieve an additional 10 gigawatts within the following decade.
Solar power capacity in Taiwan had increased from 1.25 gigawatts in 2016 to 4.89 gigawatts in August this year, she added.
Tsai vowed that no stone would be left unturned in ensuring renewables account for 20% of Taiwan's total power generation by 2025. firstname.lastname@example.org