Taiwan announces green energy development plan focusing on PV and LED.
Bryan Chuang, Taipei; Adam Hwang, DIGITIMES [Friday 24 April 2009.
Taiwan's Executive Yuan on April 23 approved a national plan to boost development of the island's green energy industries, aiming to make Taiwan the world's largest producing country for LED chips/modules, and among the top-three for photovoltaic (PV) products.
The plan is backed by a 5-year budget of NT$20 billion (US$597 million) specifically for investment in the R&D of green energy technologies, and another NT$25 billion to promote the installation of green energy or energy-saving equipment or systems, the Executive Yuan indicated. Under the plan, PV power-generating systems with a total output of 400MWp will be installed, and all of Taiwan's traffic-signal lamps (about 700,000) will be switched to LEDs in 2011, the Executive Yuan pointed out.
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