Taiwan Cuts Solar Power Feed-In Tariffs for 2011
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Taiwan reduced the feed-in tariffs for solar power for 2011 contracts by about 30 percent from last year’s level because of the falling cost of installing equipment that converts sunlight into energy.
State-run Taiwan Power Co. will pay NT$7.33 (25 cents) a kilowatt-hour for power generated from ground solar panels, compared with NT$11.12 for 2010, the Ministry of Economic Affairs said in a statement today. The 2011 price for roof-top solar power is as high as NT$10.32.