Kuwaiti companies invited to invest in solar energy

A Taiwanese delegation has invited Kuwaiti companies to invest in the solar energy industry in Taiwan and create green fuel stations in order to diversify Kuwait's sources of energy. Dr. David Wan, head of the delegation, underscored at a press conference organized by the Taiwan trade office in Kuwait today to introduce Taiwanese companies specializing in research and the production of solar energy, the importance of closer cooperation between Kuwaiti companies and their Taiwanese counterparts in the field of solar energy. He added that Kuwait is distinct from many other countries in the world with an excellent environment for this type of energy, where the sun is shining most of the year, adding that his country is the world's second largest producer of solar cells. He said that his country's delegation which is currently visiting Kuwait consists of representatives of some 30 Taiwanese government and private companies, claiming that Taiwanese companies are unique in that they produce solar cells and panels of an international quality with, at the same time, competitive prices. He expressed the aspirations of his country to find a real partnership with public and private sectors in Kuwait for the production of solar energy. For his part, representative of the Taiwan trade office in Kuwait Dr. Kuchin Liu said the delegation highlighted the photoelectric industry in the Middle East, especially Gulf Cooperation Council (GCC) states, and the need to expand business opportunities through meetings that took place with representatives of the Kuwaiti companies interested in this field. He added that the change in policies to support renewable energy in Europe has led to a decline in the solar market there where Taiwanese companies have shifted to similar markets in the Middle East, Africa and Latin America, which own tremendous growth capabilities as the most important suppliers of oil and gas in the world.