Taiwan Cement plans for solar power

Taiwan Cement plans for solar power
Published: 11 October 2010

Taiwan’s largest cement maker plans to build a large solar power plant, the company and local media said on Monday, confirming a trend for the island’s companies to focus increasingly on green technologies.

Taiwan Cement is looking to build the 10-MW plant in southern Pingtung county, targeting an investment worth ’tens of billions’ of Taiwan dollars, the Commercial Times reported, citing chairman Koo Cheng Yun.

A spokesman for Taiwan Cement, who declined to be named, confirmed the report when contacted by AFP, but said she had no other details.

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 TWD3bn on a solar cell unit.

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