The decreasing cost of solar panels has encouraged the Taiwanese government to set a higher goal of generating 130 megawatts of solar energy in 2013 - an increase of 30 percent from previous targets.
CleanTechnica reported that the increased solar capacity target will generate more research into the renewable energy and also create new job opportunities in engineering, architecture and steel. Tseng-tsai, senior specialist for the Bureau of Energy's technology division, said renewable energy companies will also be positioned to bring in more revenue in 2013 and he also hopes that increased manufacturing of solar panels in the country will mean the nation's photovoltaic exports will rise by 10 percent.
Focus Taiwan reported representatives from the country's solar cell vendors plan to hold talks with Japanese companies to tap into the neighboring nation's photovoltaic market. Taiwan's Ministry of Economic Affairs plans to help local companies explore exporting solar panel technology to foreign markets.