Taipower to invest NT$400 billion in renewable energy (Taipei Times)
State-owned Taiwan Power Co (Taipower) yesterday said it plans to invest more than NT$400 billion (US$11.89 billion) in the development of renewable energy sources over the next 15 years, with the aim of expanding the nation’s total installed offshore wind power capacity to 180 MW and total installed solar power capacity to 100 MW by 2030.
The company also plans to harness energy from geothermal sources in volcanic areas of Taitung and Yangmingshan in Taipei over the next four years.
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