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In Taiwan, the electricity price will increase in October, and the international oil price will rise. The double rise of oil and electricity will make solar energy and LED lighting applications rise, and accelerate the development of solar power stations in Taiwan, which will benefit the relevant ethnic groups.
The Energy Bureau of the Ministry of Economic Affairs of the Taiwan Province originally provided at least 1 million MW (million watts) of solar power generation system for civilian construction, generating tens of billions of yuan of output value, which was relaxed to 130 MW this year. The industry analysts analyzed that once the solar power station is built, at least It can generate electricity for 25 years. After the completion of the construction, the generated electricity will be sold to Taipower for profit, and it can be recycled in seven to nine years.
Recently, many listed companies, including Guoshuo, Jingjing, and Sunlight, have been involved in the establishment and operation of Taiwan's solar power generation system through joint ventures or subsidiaries.
Consumers' awareness of the use of LED lighting is on the rise. Last year's first wave of electricity price increases has accelerated the use of LED bulbs. Therefore, the increase in electricity prices in October will set off another wave of LED lighting replacement. Jingyuan Optoelectronics spokesperson Zhang Shixian said that the company's factories, especially those that need 24-hour continuous lighting, as well as shopping mall lighting, will accelerate the replacement of LEDs.