Taiwan Cement Plans Large Solar Power Plant

Oct. 12, 2010
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

Popular Sponsored Recommendations

Four Common OT Cybersecurity Pitfalls for Manufacturers

April 4, 2023
For the last six years, Dragos has leveraged their Professional Services team to develop an on-the-ground understanding of the realities facing the industrial community and to...

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!