Taiwan holds green energy investment forum
Nuying Huang, Taipei; Adam Hwang, DIGITIMES [Tuesday 30 September 2014]
Taiwan's Ministry of Economic Affairs (MOEA), Ministry of Finance, Financial Supervisory Commission and National Development Council on September 29 jointly held the 2014 International Green Energy and Finance Forum in Taipei.
The event was in line with the government's efforts to promote securitization of PV power-generating investment projects, according to industry sources.
The forum focused on introducing private investment to the renewable energy sector and providing financing as incentives to promote development of renewable energy in Taiwan, with non-executive director Julian Elizabeth King for UK-based Green Investment Bank and director/team head Mirko Sedlacek for Germany-based Power, Renewables and Water Division, KfW Ipex Bank being two main keynote speech speakers.
Through coordination by Bureau of Energy under MOEA, there were16 local banks offering project financing for PV power-generating projects as of the end of 2013. The total financing stood at NT$7 billion (US$233million) in 2013 and is expected to exceed NT$10 billion in 2014.
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