Dear Friends, Visitors/Viewers/Readers,
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Positioned with People’s Republic of China to the West, Japan to the Northeast, and the Philippines to the South, Taiwan is the most populus non-UN state and the largest economy outside of the UN.
Taiwan maintains a stable industrial economy as a result of rapid economic growth and industrialization, which has been dubbed the Taiwan Miracle. Taiwan is one of the Four Asian Tigers and a member of the World Trade Organization and Asia-Pacific Economic Cooperation. The 21st-largest economy in the world, its high-tech industry plays a key role in the global economy. Taiwan is ranked highly in terms of freedom of the press, health care, public education, economic freedom, and human development.
This beautiful island of what used to be called Formosa, is progressive in many ways. In May of 2016, Taiwan has elected its first female president, Tsai Ing-Wen, of the Democratic Progressive Party (DPP). Soon after the election, the new government formed by the DPP announced its ambitious plans to install 20GW of solar, while phasing out nuclear. Installing 20 GW of solar would mean using land on the island or in a country where land is an expensive commodity. The new government is tackling this issue by releasing 10,000 hectares of government controlled agricultural land for utility scale PV installations and dual use systems. Its policies also enable water-based solar installations.
Early in October of this year, Taiwan’s Bureau of Energy issued its plan for Feed-in-Tariffs (FIT) in 2017.Within this plan:
- the residential rooftops (1 kW to below 20 kW) would receive a FIT of NT$6.103/kWh (US$0.193/kWh)
- the ground-mounted PV power plant would receive a FIT of US$0.144/kWh
- the floating solar power plants would receive a FIT of US$0.156/kWh
As some of the solar companies in USA such as First Solar and Sun Power, many Taiwanese formerly dedicated solar cell producers are shifting their attentions or businesses to also include manufacturing modules and PV project developers. One can imagine that such a shift will pick up its speed as the new FIT system becomes implemented in 2017.
To better understand such a group/country of wonderfully resilient people, I will share some videos about this beautiful island, Formosa or Taiwan, below, with you:
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~have a bright and sunny day~