In 2024, China's solar power manufacturing sector faced its toughest year for profitability due to fierce internal competition and a relentless price war. These challenges are further compounded by a patent war that began earlier and is expected to intensify into 2025.

As Taiwan progresses toward its energy transition and net-zero carbon emissions goals, the energy storage market has emerged as a critical driver. Among recent developments, shared energy storage stands out as a promising business model and potential solution for managing power needs in Taiwan's high-energy-consuming science and industrial parks.

Newly elected US President Donald Trump moved swiftly to reshape America's climate policy stance. In his first executive action, Trump announced the United States' second withdrawal from the Paris Agreement, reaffirming his administration's skepticism toward global climate initiatives.

United Renewable Energy (URE) has unveiled comprehensive plans to accelerate its energy transformation in 2025 through a combination of digital upgrades, strategic partnerships, and expanded engineering procurement construction (EPC) operations. Chairman Chuan Hsien Hung emphasized Taiwan's crucial role in the green economy, citing the United Nations' 2025 milestone for global greenhouse gas emission reviews. The company's recent expansions and acquisitions have strengthened its hardware, software, and management capabilities, setting the stage for a transformative 2025.

Topco Scientific Co. (TSC), a leader in Taiwan's semiconductor and optoelectronics supply chain integration, partnered with Taiwan's automotive lighting giant Depo Auto Parts to unveil a solar power station at Depo's Changbin plant.

Perovskite thin films have emerged as a promising technology in solar energy, particularly when combined with traditional silicon-based solar cells. These hybrid perovskite/silicon solar modules significantly enhance photovoltaic efficiency beyond current standards.

Over the past four years, the Biden administration has worked to reduce reliance on China's supply chain through initiatives such as the Quad, which has benefitted countries like India. However, US President Donald Trump's focus on addressing the US trade deficit could impact India's fast-growing electronics supply chain, particularly in the smartphone and solar energy sectors.

In response to increasing market growth driven by ongoing global energy issues, Arch Meter held a ceremony on January 15 to inaugurate its new Xiangshan plant. Once fully operational, the production capacity of smart meters will gradually increase from the current 40,000 units per month to 80,000 units per month.

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.

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.

Ritek Group has identified energy storage as key to advancing new energy solutions, with Ritwin Corp. Chairman Gordon Yeh emphasizing policy and artificial intelligence (AI) as the primary drivers of the industry's growth.