Taiwan Cement Plans Large Solar Power Plant

Company is looking to build the 100-megawatt plant in southern Pingtung county, targeting an investment worth 'tens of billions' of Taiwan dollars

Confirming a trend for the island's companies to focus increasingly on green technologies, Taiwan largest cement maker plans to build a large solar power plant, the company said on Oct. 11.

Taiwan Cement is looking to build the 100-megawatt plant in southern Pingtung county, targeting an investment worth "tens of billions" of Taiwan dollars, the Commercial Times reported, citing chairman Koo Cheng-yun.

Taiwan Cement is in talks with Taiwan Sugar, a major land owner, on terms for leasing a piece of land in Pingtung, according to the report.

Solar energy has attracted significant interest in Taiwan, with Inventec Corp., a leading contract notebook computer maker, saying last month it will invest at least 3 billion Taiwan dollars (US$95 million)on a solar cell unit.

Chip giant Taiwan Semiconductor Manufacturing Co. (TSMC) announced last year an investment of about US$192 million for a 20% stake in Motech Industries, the island's largest producer of solar cells.

TSMC, the world's top contract microchip maker by revenue, this year invested another US$50 million in an American solar-panel maker.

Taiwan has estimated its solar energy industry to be worth up to 200 billion Taiwan dollars by 2020.

Copyright Agence France-Presse, 2010

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