Taiwan’s state-run power company -- Taipower -- is planning to inject NT$60 to NT$70 billion (US$ 2 to 2.3 billion) into a project that aims to build a grid-connected system.
The project is part of the government’s plan to redistribute its energy mix. The aim is for green energy to account for 20% of energy sources by 2025.
Taipower said on Friday the grid-connected system is crucial to the development of renewable energy. Taipower has already started the first stage of the project and is planning to build new grids off Changhua and Taoyuan. The capacity of the system is expected to reach 10.65 GW (gigawatts), including the existing capacity of 3.5 GW.