Taiwan is preparing to place bids for contracts to build solar power plants in various countries around the world, the Ministry of Economics Affairs announced yesterday.
The ministry would ask state-run Taiwan Power Co (Taipower, 台電) to assist local solar-cell makers to bid for solar plant projects in the Middle East, Eastern Europe, Southeast Asia and the US, a ministry official said.
So far, the plan has attracted interest from local solar-cell makers such as Motech Industries Inc (茂迪), Gintech Energy Corp (昱晶) and Sino-American Silicon Products Inc (中美晶).
The profit margins of Taiwan’s solar-cell manufacturers have long suffered from massive production and low pricing strategies on the part of their Chinese rivals, the official said, adding that the bidding plan was designed to help local manufacturers.
Vice Minister of Economic Affairs Hwang Jung-chiou (黃重球) said the expansion into the international market would be a solution to the country’s oversupply of solar cells.
The ministry would also ask Taiwan’s overseas offices to assist with the bidding process in foreign markets, he said.
Local solar-cell makers’ lack of experience in running power plants could be compensated for by cooperating with foreign power generators, which could be achieved with the assistance of Taipower, Hwang said.