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.
On July 1, 2025, Formosa Smart Energy (FSET) announced the completion of Taiwan's first integrated demonstration line for LFP battery recycling, combining front-end physical crushing with back-end chemical extraction.
Honda has postponed the launch of its next-generation hydrogen fuel cell factory, pushing back the production timeline with no new start date confirmed. Citing reports from Nikkei and Jiji Press, the company now plans to reduce the facility's annual capacity to fewer than 20,000 units, down from the originally projected 30,000. The plant, located in Tochigi Prefecture, was initially slated to begin operations in fiscal 2027 (April 2027–March 2028).
Lianyou Metals, a rare metal recycling and smelting company, expects steady growth in sodium tungstate and battery-grade cobalt sulfate shipments in the second half of 2025 as international customers increasingly adopt recycled materials to meet ESG requirements.
Shenzhen Xinhao Photoelectricity Technology said on June 22 that it had signed a Letter of Intent with Luxshare Precision Industry Co. to transfer full ownership of its photovoltaic subsidiary, Xinguang Energy Technology (Anhui) Co. The move is part of Xinhao's broader effort to streamline operations, exit underperforming PV assets, and refocus on core businesses such as glass protection panels and hybrid energy storage systems.
Kaori Heat Treatment Co. expects steady growth in the second half of 2025, fueled by rising demand for fuel cells and liquid cooling systems. Liquid cooling products are expanding beyond distribution manifolds to include Coolant Distribution Units (CDUs) and Side Car modules, while fuel cell orders—strong since early 2025—are projected to remain robust through year-end.
In response to rising geopolitical instability in the Middle East, Taiwan's state-owned oil and gas company, CPC, sought to reassure the public on Monday that the country's energy supplies remain stable and unaffected. The company emphasized that it has long adopted a strategy of diversified procurement and risk mitigation for both crude oil and liquefied natural gas (LNG), with strategic reserves meeting legal requirements and fully sufficient to meet domestic demand.
While major economies wrestle with an oversupply of renewable energy, Taiwan stands out as a rare case of persistent green power shortage, with slow regulatory approvals hampering solar development and prompting calls for urgent policy reform.
Having just delivered its promise to end nuclear power use in Taiwan, the government is now offering subsidies to research emerging nuclear power technologies.
More coverage
