Technical FAQs 4

Why is solar energy important in Taiwan?

Taiwan lacks energy stock and has been paying great attention to developing renewable energy to improve energy security and sustain economic growth. Solar energy is attractive to Taiwan's government as the recorded radiation is substantial, and a significant amount of fallow land is available for panel installation.

How many solar modules did Taiwan produce in 2024?

According to the latest market data from InfoLink Consulting, Taiwan’s local module manufacturers shipped approximately 1.2 GW in 2024, reflecting the ongoing strategic adjustments of Taiwan’s solar PV industry to steadily respond to market shifts.

How much solar energy is available in Taiwan?

In Taiwan, While the installed capacity has rapidly increased from 410 MW in 2013 to 7720 MW by the end of 2021 , most suitable land is not utilized, and the supply of solar energy only amounts to 0.59 % of the total electricity supply.

Why are solar panels so expensive in Taiwan?

First, many areas in Taiwan are humid, which is likely to decrease the useful life of the panels, thereby increasing the annual depreciation and O&M costs, and subsequently, reducing net returns.

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