Taiwan, Mongolia sign energy deal

Mongolia wants renewables to account for up to 25% of its energy mix by 2020

Mongolia wants renewables to account for up to 25% of its energy mix by 2020

Taipei and Ulaanbaatar this week signed a renewables cooperation agreement under which Taiwan could supply PV and wind technologies to Mongolia.

The agreement does not include investment targets, but could provide a range of export opportunities for Taiwanese PV and wind manufacturers.

"We see Mongolia as a big market,” Taiwanese Bureau of Energy spokesperson Jyuung-Shiauu Chern tells Recharge.  “We can sell our products there, and help Mongolia change its energy supply.”

Taiwanese PV and wind companies will soon start exploring opportunities in Mongolia, according to a statement on the website of Taiwan’s Ministry of Economic Affairs (MOEA).

The two sides will also collaborate on the development of coal-fired power technologies, and Taiwanese officials will advise Log in to read complete article.

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login


Recharge Monthly Magazine