Taiwan Eyes 6.5 GW Solar Power Capacity By 2020

• Taiwan's Premier Su-Tseng-chang has confirmed and officially adopted the target to achieve 6.5 GW of cumulative solar power capacity by 2020
• This will be achieved under an extension of its Two-Year Solar PV Promotion Plan for 2019-2020
• Focus areas in this period will be solar for industrial parks, increased increased cooperation between central and local governments and solar power generation at agricultural, aquacultural and livestock facilities

The Government of Taiwan has officially adopted a solar target of 6.5 GW of cumulative solar power capacity by the year 2020 as it extends its 2-Year Solar Power Promotion Plan to another year, from 2019 to 2020. It shows the country remains on track as per its overarching solar power program (see Taiwan Plans Big On Solar).

The Two-Year Solar Power Promotion Plan was first introduced in 2016 by the government.

The office of the Asian country's Premier Su Tseng-chang announced the news after a briefing from the Ministry of Economic Affairs on short-term objectives for solar power production.

Taiwan expects a total investment of NT$222 billion ($7.5 billion) from the extension of the 2-year solar PV plan to 2020. Under this phase, it will focus on solar power uptake by industrial parks, increased cooperation between central and local governments and solar power generation at agricultural, aquacultural and livestock facilities.

In January 2019, Google signed its first power purchase agreement in Asia for a 10 MW PV plant in Tainan of Taiwan, which is to come up on commercial fishing ponds (see Google Signs PPA For 10 MW Solar In Taiwan).

Taiwan's umulative solar power installed capacity by September 2, 2019 increased to over 2 GW, accounting for 5.8% of the total energy supply of country. In 2018, EnergyTrend said Taiwan achieved 1 GW of solar power generating capacity milestone and that the target for 2019 is to chase 1.5 GW (see Taiwan Solar Capacity Exceeded 1 GW In 2018).