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Government to offer subsidies for home solar panels

2017/10/25 21:18:28

CNA file photo

Taipei, Oct. 25 (CNA) Taiwan's government will begin providing subsidies soon to consumers for the installation of residential rooftop solar panels, the Bureau of Energy said Wednesday.

Under the plan, which has been approved by the Cabinet, the government will subsidize up to 40 percent of the cost of solar panels installed on residential buildings, the bureau said.

In remote areas, the subsidy for the installation of solar power facilities will be 50 percent of the cost, according to the bureau.

The subsidies will be granted as soon as possible to encourage greater use of solar power with the goal of reaching 3 gigawatt solar power capacity in the country by 2020, the bureau said.

Bureau officials said the subsidy policy will be launched as soon as possible, and "will not be delayed until next year."

Lin Te-fu (林德福), a spokesman for the state-owned Taiwan Power Company, said the achievement of 3GW solar capacity by 2020 would ease the many challenges of power supply in Taiwan.

Economics Minister Shen Jong-chin (沈榮津) said his ministry is encouraging not just residential building owners but also government institutions, science and industrial parks, and export processing zones, to install solar panels.

The new solar power initiative is being implemented in line with President Tsai Ing-wen's (蔡英文) goal of phasing out nuclear power by 2025.

The plan is to increase the share of renewable energy to 20 percent and natural gas to 50 percent natural gas, while coal will contribute 30 percent.

(By Chang Chien chung and Isabel Wang)