Are China's solar panels a threat to Taiwan-based solar companies?

Producers in China pose the most obvious threat to Taiwan-based solar industry companies because their modules sell for less, due to the country's larger production scale, says John Brebeck, senior adviser at the Quantum International Corp. investment consultancy in Taiwan. China's panels also lower quality, he adds.

Why are Taiwanese building owners reluctant to install solar panels?

Many building owners have been reluctant to install solar panels due to concerns about the cost and potential structural impacts on their properties. In response to these challenges, the Taiwanese government has announced a series of policy adjustments aimed at accelerating the development of renewable energy.

Why is Taiwan struggling with solar power development?

This is due in part to land acquisition challenges and opposition from local communities. Taiwan’s solar power development has also faced significant challenges. The government’s target of 20 GW of installed solar capacity by 2025 appears increasingly unlikely. As of the end of 2024, only 12.5 GW of solar capacity had been installed.

What is Taiwan's solar energy landscape?

For more insights on Taiwan’s solar energy landscape, you can explore the Taiwan Solar Panel Manufacturing Report. One of the key components of Taiwan’s renewable energy strategy is the development of offshore wind power. The government initially planned to have 5.7 gigawatts (GW) of installed offshore wind capacity by 2025.