J&V Energy has announced the formal signing of a memorandum of understanding (MOU) with Thailand's ESPRO. The two parties will jointly establish a holding company in Thailand, focusing on the development and operational management of green energy projects in the region.
Taiwan needs to develop medium-scale floating wind projects before embarking on gigawatt-scale developments, according to Eric Kamphues, chairman of Rui Li 1 Floating Offshore Wind project, emphasizing the vital role of demonstration initiatives in the island's renewable energy transition.
HD Renewables announced plans on December 23 to establish a green energy investment and asset management platform, "ZEBRE," in partnership with ZEN Energy Group. The venture targets an investment capacity of 1.4GW, with initial acquisitions focused on South Australia's Solar River, a large-scale solar and energy storage project.
While the semiconductor supply chain has driven Taiwan's recent surge in electricity use, a trend expected to continue, the exact power consumption requirements for AI remain uncertain. According to Chih-meng Tsai, VP and spokesperson of Taiwan Power Company (Taipower), the electricity provider has developed three strategies to address this challenge: increasing green energy development, optimizing natural gas consumption efficiency, and building backup power plants.
Singda Marine Structure, a China Steel Corporation subsidiary, faces a potential shutdown after incurring losses of NT$44.2 billion (US$1.4 billion), igniting debates about Taiwan's offshore wind localization policy. The China Steel labor union has urged Taiwan's Ministry of Economic Affairs to assume responsibility rather than leaving the financial burden solely on the company.
Copenhagen Infrastructure Partners (CIP) has signed a Corporate Power Purchase Agreement (CPPA) with United Microelectronics Corporation (UMC) for the development of the Fengmiao Phase I Offshore Wind Farm through its flagship fund "CI V."
Tesla's Shanghai "Gigafactory" is undergoing significant personnel changes as Chinese media reports indicate that Gang Song, the site's director and VP of manufacturing, has departed to pursue a position in the green energy industry with Envision Group.
Leading Chinese solar manufacturers, including Longi Green Energy Technology, Trina Solar, and JA Solar, have been forced to delay their production capacity expansions as they grapple with severe market oversupply.
The National Science and Technology Conference, held every four years by the Executive Yuan, is the highest-level meeting shaping Taiwan's technology policy. During the conference on December 16, 2024, Taiwan Semiconductor Industry Association Chairman Cliff Hou expressed industry concerns regarding the supply of green electricity, urging the government to make concrete commitments towards achieving its phased goals for 2030.
Taiwan-based energy solution provider ATE Energy has achieved significant progress in the Philippines market with an order backlog of about NT$11 billion (approx. US$335.83 million) and expects overseas revenues to account for 70% of the overall total in 2025, according to the company.
Stringent regulations and restrictive land use policies have severely limited Taiwan's solar power development, failing to meet the semiconductor industry's growing demand for green energy, according to Norman Tsai, chairman of both the Taiwan Photovoltaic Industry Sustainability Association (TPISA) and INA Energy.
As offshore wind and solar power mature, the Ministry of Economic Affairs of Taiwan (MOEA) has shifted its focus to geothermal energy as the next key phase in renewable energy development.
Despite initial market jitters following Donald Trump's presidential victory, Taiwan's energy industry executives remain confident, with some reporting increased orders for solar and energy storage products in recent weeks.
Days after the US government announced fresh countervailing duties on solar products from Southeast Asian countries, targeting Chinese companies, China-based solar inverter manufacturer Ningbo Deye announced its intention to invest US$150 million in establishing a subsidiary in Malaysia to manufacture solar energy and storage products.
The Taiwan government's unclear position on renewable energy manufacturing has triggered a "race to the bottom" across its clean energy sectors in 2024. The recent controversy over Sino-American Silicon's production halt highlights solar power challenges, while the domestic offshore wind initiative faces even steeper setbacks.
The competition to dominate Asia's nascent floating offshore wind market is intensifying, with Taiwan and South Korea emerging as frontrunners while Japan's cautious approach risks leaving it behind in the region's renewable energy transformation.
Japan is advancing its ambitious space solar power program through foundational experiments designed to collect solar energy in space and transmit electricity back to Earth.
Sino-American Silicon (SAS)'s recent move to "prepay" vacation days at its Yilan solar cell plant has exposed deeper fractures in Taiwan's once-promising solar manufacturing sector, with industry-wide layoffs mounting and investors heading for the exits.
HD Renewables and ATE Energy have signed a letter of intent with San Miguel Global Power (SMGP), the power generation arm of San Miguel Corporation, to jointly develop a 1-gigawatt (GW) solar energy project in Isabela Province, Philippines.
The US will increase tariffs on Chinese polysilicon and silicon wafers starting January 2025, raising the rate from 25% to a staggering 50%. This move has left many companies that have established manufacturing facilities in the US feeling trapped.
Delta Electronics has launched Taiwan's first megawatt-scale hydrogen production and fuel cell testing facility—the "Delta Net-Zero Science Laboratory"—at Tainan Science Park. The lab marks a significant step forward in Delta's efforts to drive innovation in hydrogen energy technology as part of its commitment to a net-zero future.
Delta Electronics has launched its "Delta Net Zero Science Laboratory" in Tainan Science Park, marking a major step in Taiwan's hydrogen energy development. Chairman Ping Cheng hailed hydrogen as the "holy grail" of energy, emphasizing its potential as a future growth driver and advocating for a national hydrogen energy team.
On December 11, 2024, the US Trade Representative (USTR) announced modifications to tariff actions under Section 301 of the Trade Act, targeting specific Chinese products. These measures aim to address long-standing issues related to China's technology transfer, intellectual property practices, and innovation policies. The updated tariffs, which will take effect on January 1, 2025, include new rates on tungsten products, polysilicon, and wafers.
US President-elect Donald Trump's consistent advocacy for fossil fuels and dismissal of renewable energy as a "century-long hoax" has raised concerns across the energy sector. Industry observers anticipate that Trump's administration could stifle the growth of renewable energy in the US.
