The local government of Changhua County in central Taiwan plans to establish a power company this year, which will focus on the trading of locally-produced green energy, the county magistrate said on Sunday.
Apart from the planned company, the county will also seek a permit from the central government to engage in carbon emissions trading, Wei Ming-ku (魏明谷) said as he reported his administration’s policies during a New Year celebration at county hall.
Wei addressed the efforts made by the county government to exploit green energy in the form of wind and solar power in 2016.
As a result of this work, Changhua County Government signed deals with four foreign companies to build wind farms and wind-generating power plants in offshore areas of the county, Wei said.
In addition, the county government also worked with state-run Taiwan Power Co. to develop green energy, he added.
“A total of four foreign businesses and two local companies will invest in the wind and solar energy-driven electric generating sector of Changhua County, total capital involved in the projects of more than NT$1 trillion (US$30.8 billion),” the county magistrate said.
He called the investment the largest ever in the county.
Source: Focus Taiwan News Channel