The Executive Yuan yesterday approved a proposal to build a “green” energy park in the Shalun area (沙崙) in Tainan’s Gueiren District (歸仁) to attract NT$1.2 trillion (US$37.93 billion) in investment in the renewable energy industry.

The 22-hectare park near the Taiwan High Speed Rail’s Tainan Station will comprise a 5-hectare joint research center and a 17-hectare testing facility that will be operated by the Ministry of Science and Technology and the Ministry of Economic Affairs.

The park is to develop renewable energy sources, in particular solar power, biomass and offshore wind power technologies; energy storage technology, including lithium battery, fuel cell and grid energy storage systems; energy conservation technology for electric vehicles and energy-saving motors; and “green” architecture and system integration engineering, said Chen Tzong-chyuan (陳宗權), director-general of the Ministry of Science and Technology’s Department of Foresight and Innovation Policies.

Read the full story at taipeitimes.com.