Clean tech in Taiwan to hit $4.65bn

Taiwan’s renewable energy industry is expected to reach $4.65bn by 2009.

Economists of the country say the green energy sector grew by 40 per cent last year.

The China Post reports:

“In the green trend over the past few years, the world’s investment in the green energy industry has risen from the level of US$28 billion in 2004 to US$71 billion in 2006, representing a 1.5-fold increase, the CEPD said, touting the sector as a rising star in global investment.”