China's solar industry hit overdrive in May, with new installations surging to record highs as developers rushed to beat looming policy changes. According to the National Energy Administration, solar capacity additions reached a staggering 93GW, quadrupling the total from May 2024 and surpassing the previous record of 71GW set last December.
Formosa Smart Energy has unveiled Taiwan's first lithium iron phosphate (LFP) battery recycling pilot line, launched in tandem with the government's July 1 rollout of discounted disposal fees for used lithium batteries. The initiative aims to boost local investment in battery reuse and closed-loop recycling infrastructure.
Formosa Smart Energy Tech (FSET) has signed a strategic memorandum of understanding (MOU) with Poland's SKB Group, outlining a comprehensive five-pronged partnership that spans electric buses, integrated energy storage systems, smart energy platforms, commercial and industrial storage, and strategic investments in clean-tech alliances.
Hitachi is positioning itself as a key player in the semiconductor industry's sustainability drive, offering AI-powered solutions and renewable energy infrastructure as chipmakers face mounting pressure to reduce their environmental footprint.
Engaging in renewable energy and new energy applications is one of the emerging trends in industrial development. Recognizing the potential of the future renewable and new energy markets, Delta Electronics is actively investing in related technologies and product development. On July 1, 2025, the company announced it would acquire land and factory buildings from tire manufacturer Federal located in Guanyin for NT$6.95 billion (approx. US$238.9 million), establishing a base for large-scale solutions including hydrogen energy, data centers, and energy infrastructure.
With the global push toward net-zero carbon emissions, consumer demand and standards for sustainable products are rapidly increasing. Green technology capability has become a key engine for companies to tap into low-carbon business opportunities and elevate brand value.
Taiwan's increasingly frequent extreme weather events and rising peak electricity demand have made backup power solutions crucial, particularly for high-consumption industries like semiconductors that rely on stable, uninterrupted energy. Seizing the opportunity in this growing market, networking equipment manufacturer ATW Technology is pivoting into the hydrogen energy sector, aiming to build a promising new revenue stream that could eventually outpace its legacy networking business.
Whether driven by corporate responsibility or other considerations, renewable energy has become a crucial factor in current business development plans. On July 1, Delta Energy, the renewable energy power sales subsidiary of Delta Electronics, announced a partnership with semiconductor testing giant Ardentec to procure small hydropower renewable energy and support the industry's energy transition.
Taiwan's United Renewable Energy (URE) announced on June 30, 2025, that its newly launched all-black aesthetic solar module has obtained dual certifications from Taiwan's Voluntary Product Certification (VPC) and the International Electrotechnical Commission (IEC). The company expects to complete US UL (Underwriters Laboratories) certification in the third quarter of 2025, marking another milestone following the successful qualification of its M10 TOPCon module in 2024.
In Taiwan's rapidly expanding green energy market, driven by the global energy transition and power grid modernization, Billion Electric is making a strategic shift from its traditional power supply roots to become a major player in renewable energy and storage. During its June 30, 2025 earnings call, the company revealed it had secured a 262 MWh operations and maintenance (O&M) contract and expects to add two more project sites in the third quarter of 2025. Billion Electric also announced plans to launch several new products in the second half of 2025, signaling sustained momentum for growth ahead.
As Vietnam prepares to roll out its carbon trading pilot program in 2025, TPIsoftware, a Taiwan-based technology firm, announced a strategic partnership with Ho Team Construction, the largest Taiwanese construction contractor operating in Vietnam. The collaboration will see Ho Team become the country's first construction company to adopt an AI-powered carbon inventory system, laying the groundwork for Vietnam's full-scale carbon trading regime anticipated in 2029.
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