Taipei, February 25: German wind-power firm InfraVest GmbH plans to quit Taiwan because as it is dissatisfied with Taipei’s policies regarding renewable energy, a newspaper reported Thursday. The United Daily New quoted Wang Yi-yun, vice manager of InfraVest (Taiwan), as saying that the company, which has about 60 staff in Taiwan, has dismissed 10 people and plans to lay off more staff within two months.
“Taiwan’s purchase price for electricity is lower than that of China and far lower than that of Europe,” she was quoted as saying.
“This shows the Taiwan government has no determination to develop renewable energy. InfraVest is very disappointed.”
The News said that InfraVest plans to invest in China’s Fujian Province after leaving Taiwan, which Wang did not confirm.
InfraVest is the only private wind-power developer in Taiwan, while the other generator is state-owned Taipower.
InfraVest has built 90 turbines on three wind farms, with a combined capacity of 200 megawatts, generating more than 500 million kwh per year.
–Agencies