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Aug 18, 12:30
Nvidia swaps credit support for exclusive chip sales in OpenAI's Ohio data center campus

Nvidia has reached a deal with OpenAI to provide up to US$105 billion in credit guarantees for the AI startup's upcoming 8GW data center campus in Ohio. The support will help OpenAI to secure a lease from SB Energy, while Nvidia will be the facility's exclusive chip supplier.

HD Renewable Energy (HDRE) reported first-half 2026 consolidated revenue of NT$3.078 billion (approx. US$95.7 million), along with gross profit of NT$758 million, a gross margin of 24.63%, and operating profit of NT$112 million. The Taiwanese energy group said some second-quarter transactions were delayed, pushing recognition of several 2MW battery storage projects in Japan into the third quarter.
Taiwan has approved more than 1,000 Employment Gold Cards for finance professionals as the government broadens its push to attract overseas talent and develop Taiwan into an Asian asset-management center.

J&V Energy Technology said its first-half 2026 results were lifted by growing energy storage projects and green power trading, with consolidated revenue reaching NT$3.498 billion (US$108.74 million). The Taiwan-based renewable energy group said gross profit rose 67% year over year to NT$570 million, while operating profit increased 195% to NT$109 million.

Century Iron and Steel Industrial (CIS) and Century Wind Power (CWP) held a joint investor conference on August 13. Driven by a significant increase in the revenue contribution from offshore wind foundation engineering, procurement and construction (EPC) projects beginning in 2026, CWP said it expects revenue to reach new highs in both 2026 and 2027, with profit in 2026 also poised to set a record.

Taiwan's ocean-related industries generated NT$1.5108 trillion in 2024, according to reports presented to the Cabinet on the 13th by the National Science and Technology Council and the Ocean Affairs Council. The latest figures showed how offshore wind and marine engineering helped drive growth in the country's blue economy.
Porsche has broken away from parent Volkswagen Group's carbon pool and teamed up with China's Xpeng, reflecting growing pressure on mainstream automakers to comply with emissions standards as they shift to multi-powertrain strategies and seek to avoid steep EU penalties.

The "Net Zero City: International Carbon Capture and Storage (CCS) Technology Seminar on New Low-Carbon Power Solutions for AI and Semiconductor Industries," jointly hosted by the Taiwan-US Carbon Capture, Utilization and Storage Industries Promotion Alliance (TUCA) and the Taiwan Institute of Economic Research (TIER), convened on August 12 in Kaohsiung. The event focused on leveraging Carbon Capture, Utilization, and Storage (CCUS) technologies to support the low-carbon transition of the semiconductor and AI sectors amid surging electricity demand.

Taiwan began charging companies for carbon emissions in 2026 as part of its push toward net-zero by 2050, with the initial filing deadline closing June 1. A total of 461 regulated factories and 240 companies have paid in full, generating NT$4.97 billion (US$154 million) in carbon fees, with the semiconductor industry paying the most: 45%, or NT$2.2 billion. The Ministry of Environment (MOENV) is also advancing a pilot phase for the emissions trading scheme (ETS) as Taiwan works to align with international carbon markets.

LG Energy Solution (LGES) and China's Jiangsu Lopal Tech have signed a three-year framework agreement covering up to CNY27 billion (approx. US$3.8 billion) in lithium iron phosphate (LFP) cathode material sales as the South Korean battery maker rapidly expands its energy storage system (ESS) business.

Seetel reported strong momentum in 2026 as large-scale energy storage projects and battery module shipments lifted revenue, while the Taiwan-based energy systems company moved to broaden its footprint in the US and Australia. The firm said its first seven months of revenue reached nearly NT$8.2 billion (US$254.4 million), supported by demand tied to AI data centers, virtual power plants and energy infrastructure.

Chinese authorities have announced that sodium-ion batteries will be exempt from consumption tax from September 2026 through the end of 2028, while lithium batteries will once again gradually face a 2% to 4% consumption tax. The new policy creates a 28-month "lithium-sodium tax gap" of about 2% to 4%, accelerating commercialization of sodium-ion batteries and drawing previously cautious downstream buyers into the market.