CONNECT WITH US
Jan 20
Trump 2.0 energy shift: reverse Biden's green initiatives, fuels fossil fuel return
The green energy revolution faces its greatest challenge as former President Donald Trump prepares his return to power, heralding a seismic shift in US energy policy. Like a pendulum swinging back with force, Trump's incoming administration stands poised to demolish the Biden Administration's clean energy initiatives, systematically dismantling renewable energy development while breathing new life into traditional fossil fuels. As storm clouds gather over the renewable sector, industry experts warn that a Trump-led government would withdraw again from the Paris Agreement, dealing a potentially devastating blow to global climate action.
On his first day in office, US President Donald Trump initiated a broad rollback of Biden administration policies by signing a series of executive orders. Trump announced plans to revoke nearly 80 executive actions from Biden, targeting areas including climate policy, technology regulation, and foreign trade.
Samsung Electro-Mechanics is leveraging its multilayer ceramic capacitor (MLCC) expertise to venture into the energy sector, specifically targeting the development of small all-solid-state batteries.
In recent years, China and the United States have imposed reciprocal restrictions on critical raw materials, and with the potential for increased tariffs following Trump's return to office, new sanctions may follow. Lianyou Metals, a major player in the recycling and smelting of rare precious metals such as tungsten and cobalt, has reported a noticeable rise in orders from American customers. Under the ongoing US-China trade tensions, Lianyou expects to benefit from order shifts.
AcBel Polytech (AcBel) anticipates a year of growth in 2025, driven by the gradual emergence of synergies from its acquisition of OmniOn and the steady expansion of its renewable energy business, according to Chairman Jerry Hsu.
GlobalWafers' Danish subsidiary, Topsil, has achieved a significant milestone in renewable energy adoption by inaugurating a solar power facility that supplies 100% of its manufacturing site's electricity needs. This development marks a crucial step in GlobalWafers' commitment to the RE100 initiative, which it joined in 2022 to implement green energy across its global operations.
Malaysian Prime Minister Anwar Ibrahim has announced plans to leverage the country's geographical advantages and recent foreign investments to position Malaysia as a hub for energy and chip manufacturing.
Trusval Technology posted a December 2024 consolidated revenue of NT$314 million (US$9.53 million), marking a 44.5 percent year-over-year increase. Fourth-quarter revenue totaled NT$1.055 billion, reflecting a 7.9 percent decline quarter over quarter but a 75.2 percent year-over-year rise. For 2024, full-year revenue surged 50.5 percent to NT$3.631 billion, the highest in eight years.
On January 8, 2025, Executive Yuan Premier Cho Jung-tai addressed the closing ceremony of the "2025 Executive Yuan Technology Advisory Meeting," announcing that the government has set new national carbon reduction targets for 2030, 2032, and 2035. The initiative focuses on promoting diverse green energy sources, enhanced energy conservation, technological storage solutions, and strengthening grid security resilience to achieve secondary energy transformation.
HD Renewable Energy (HDRE) posted consolidated revenue of NT$9.52 billion (approx. US$57.32 million) in December 2024, showing growth of 48.22% compared to the previous month and 13.22% compared to the same period last year. The company's annual revenue reached NT$10.125 billion in 2024, achieving a 73.41% increase year over year and setting a new record high.
UHT Unitech has entered into a significant partnership with Ablecom Technology, a Taiwanese server parts supplier of Supermicro, to push forward the development of advanced immersion cooling AI server cabinets.
The surging demand for advanced data center expansion has brought energy stability, cost-efficiency, and safety into sharp focus. In response, Gus Technology unveiled a dual-purpose UPS energy storage module powered by lithium-titanium-oxide (LTO) technology. While primarily aimed at the uninterruptible power supply (UPS) market, the company also envisions expanding its use to backup battery units (BBUs).