Taiwan, Mongolia enter renewable energy cooperation

(SeeNews) - Feb 20, 2014 - Taiwan’s economy ministry said on Monday it has signed a memorandum of understanding with Mongolia's energy ministry for cooperation in the fields of renewable energy and energy management.

Under the agreement, Taiwan will provide solar and wind technology to help Mongolia reach its target of a share of 20% to 25% of renewable power in its total electricity generation by 2020.

Taiwan will also offer short-term training in energy efficiency management, renewable energy policy and promotions strategies.

In addition, Taiwan will provide its know-how in coal-fired power technology as coal currently accounts for 48% of Mongolia's total electricity production.

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