Trade Resources Industry Views Taiwan to Install 692, 000 LED Street Lamps

Taiwan to Install 692, 000 LED Street Lamps

Taiwan's Ministry of Economic Affairs (MOEA) will complete replacement of mercury street lamps with LED models installing an additional 692,000 LED lamps around Taiwan by the end of 2016 at a procurement budget of NT$5.49 billion (US$175 million). An open-bid is scheduled for the third quarter of 2015.

Taiwan-based LED street lamp suppliers, including Everlight Electronics, Lite-On Technology, Delta Electronics and Leadray Energy, are expected to participate in the open-bid.

While local governments have begun replacing mercury street lamps with LED models with MOEA subsidies, MOEA announced technical specifications for government-procured LED street lamps in February 2015.

The procurement will be based on an energy-saving guarantee model, that is, the gap between actual cost for installing an LED street lamp and MOEA-offered subsidies will be covered by the saving in power costs. Local governments will pay LED street lamp suppliers in installments over a few years.

In related news, state-run Taiwan Power Company has offered 6-7 open-bid projects to procure LED light tubes at a budget of about NT$3 million for each project, but winning quotes have been as low as NT$1.4-1.5 million due to intense competition.

Source: http://www.digitimes.com/news/a20150408PD209.html
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Taiwan to Install 692, 000 LED Street Lamps by End of 2016
Topics: Lighting