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Solar Power Industry in Taiwan

image Solar Heating

Taiwan's solar power industry generated an output value with the figure expected to climb to US$13.1 billion by 2015

Solar heating harnesses the power of the sun to provide solar thermal energy for solar hot water, solar space heating, and solar pool heaters. Over 70% of the average household's energy use goes into space and water heating, so a source of free hot water to use instead of commercial energy can make a dramatic financial saving.

According to prevailing regulations in Taiwan, the efficiency and reliability of solar heating systems have increased dramatically,  making them attractive options in the home or business.  But there is still room for improvement.

Taiwan's solar power industry generated an output value of NT$53.5 billion (US$1.74 billion) in 2007, with the figure expected to climb to NT$400 billion (US$13.1 billion) by 2015. While the island's enterprises have recently helped in the effort to develop and commercialize solar technology, the quest to generate electricity from sunlight has a long history.

Today, high levels of research and development are prevalent in the sector, especially in Tainan County's Southern Taiwan Science Park (STSP), where many of the major players in the solar industry now etch the steel and glass profiles of their headquarters buildings against the sky.

Solar energy is not just back in business, it really never disappeared. And in a world that's increasingly nervous about oil politics and shrinking petroleum availability, along with the problems of coal production and processing… solar is the true "free lunch" energy technology.

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