Taiwan rocks the solar world, according to Climate News Network. This growth in solar is despite a local energy policy that is straight out of the 1950s, when it should be encouraging and supporting its solar industries by buying their products and installing them in all new homes....
Solar power is on course to overtake nuclear as a primary source of electricity production as the price of photovoltaic (PV) panels continues to fall.China and Taiwan now account for 70% of world solar production, according to the EU report. The report describes Taiwan's renewable energy goals...
Mass production in China and Taiwan has helped to increase the extraordinary growth of the solar power across the world and has led to an 80% reduction in the cost of panels since 2008.
Europe, and particularly Germany and Italy, led the way in solar installation, but Asia and the US are now catching up fast.
In June 2009, the Taiwan Legislative Yuan gave its final approval on the Renewable Energy Development Act to bolster the development of Taiwan’s green energy industry. The goal is to increase Taiwan’s renewable energy generation capacity by 6.5 GW to a total of 10 GW within 20 years. All types of renewable energy are being promoted: a total installation capacity of 9952 MW (accounting for 14.8 % of total power generation installation capacity) has been planned to take effect by 2025, including a new installation capacity of 6600 MW, so that the goal set by the Renewable Energy Development Act can be achieved five years earlier...Good news!
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