Solar Industry in Taiwan
The Taiwanese government plans to increase the share of renewable energies in electricity generation from currently 5.56 % to 20 % by 2025. The primary focus will be on the expansion of solar energy. Until 2025 the government intends to increase the installed capacity of photovoltaic plants up to 20 GW. Currently they only amounted to about 5.8 GW. Around 89 billion TWD will be invested in the development of ground-mounted systems alone.
In Taiwan, Germany is considered a pioneer of the energy transition and German companies enjoy an excellent reputation. For German companies, Taiwan is a promising market and offers considerable opportunities in the solar energy sector. There are potentials for German suppliers of substructures for rooftop and ground-mounted systems, including floating PV. Additionally, opportunities arise for suppliers of specialized solutions for agri-photovoltaics and fisheries solar power plants. There is also market potential for providers of cleaning solutions for PV systems and financing of solar systems.
The virtual business trip “Solar Industry in Taiwan” offers German companies the opportunity to present their products and services to a Taiwanese trade audience. Furthermore, DEinternational Ltd, the service unit of the German Trade Office Taipei, sets up individual business meetings for each participating company to meet with relevant decision-makers and potential business partners from Taiwan. The virtual business trip is part of the German Energy Solutions Initiative funded by the Federal Ministry for Economic Affairs and Energy.
For more information please check the following website (in German) of our German partner “Mittelstand Global: Exportinitiative Energie” or visit our event website.