At the forefront of Taiwan's renewable energy revolution are the island's escalating energy needs and the imperative shift from fossil fuels to cleaner alternatives. Taiwan's ambitions to establish a thriving hydrogen energy industry remain an uphill battle, hampered by an inadequate renewable energy supply, lack of infrastructure, and policy gaps.
The global solar industry is on the brink of a significant transformation as the transition from P-type PERC to N-type TOPCon solar modules gains momentum.
The soaring valuations of Software-as-a-Service (SaaS) companies that characterized the last decade have come crashing down, according to Jerry Yang, general partner at Paris-based VC firm HCVC. Speaking at InnoVEX 2024, Yang outlined the end of the SaaS valuation bubble and its implications for hardtech investments and Taiwan's tech industry.
South Korea's semiconductor industry is warning that a future power shortage could cripple the capital region's sprawling semiconductor hub, which represents a total investment of KRW622 trillion(US$454 billion). Compounding the issue, there is still no concrete plan to transfer substantial power from the East Coast and Honam region.
Battery maker LG Energy Solution will enhance its plant in Michigan to strengthen the facility's role as the mother factory in North America. The South Korean company is building another plant with General Motors in the same US state. The industry has been paying attention to whether the project will delay volume production or have a different focus.
Blue carbon refers to the carbon captured by the world's oceanic and coastal ecosystems. Protecting and restoring coastal ecosystems like mangroves and seagrass meadows has been heralded as a way to achieve net-zero emissions goals by storing vast amounts of "blue carbon."
Indian solar energy company Orb Energy has reduced its reliance on Chinese components by over 20% in recent years, in line with the general trend of diversifying supply chains.
The US government reportedly plans to raise tariffs on China-made clean energy products, especially EVs. Supply chain sources said the move will likely achieve instant success: protecting the US automotive industry from China's price war and fostering America's local supply chain.
How does an aerospace juggernaut redefine its horizons? Aerospace Industrial Development Corporation (AIDC) has taken a bold step into energy solutions, capitalizing on the parallels between aircraft propulsion and power generation.
In the realm of "decarbonization"-spawned green business opportunities, the spotlight shines brightly on low-carbon hydrogen, an arena deemed indispensable in the medium to long term. Taiwan has earmarked hydrogen energy as one of the twelve pivotal strategies for its transformative journey towards net-zero emissions.
As emerging applications such as 5G, AIoT, and EV gradually ascend, the blueprint for smart cities becomes increasingly discernible. At this juncture, power supply and new energy sources assume pivotal roles, given that the aforementioned domains are all voracious consumers of energy.
At the heart of net-zero transformation lies a multifaceted approach encompassing energy production, storage, and conservation. Industry titans and policymakers are forging ahead, recognizing the imperative to steer towards a greener, more sustainable future.
Eaton, a renowned smart power management company headquartered in Dublin, Ireland, is actively expanding into the South Korean uninterruptible power supply (UPS) market, competing with Japanese companies.
In the global race to decarbonize, hydrogen is gaining traction as a potential game-changer. However, significant hurdles remain before the lightest element can realize its heavy ambitions, industry experts warned.
Lite-On Technology expects its power supply shipments for AI servers to rise 20-30% sequentially in the second quarter, said the company's president, Anson Chiu. All of its 3kW and 5kW AI server power supplies are manufactured at its Kaohsiung factory in southern Taiwan.
Taiwan-based HD Renewable Energy (HDRE) is expanding its business scope from energy storage and solar energy to EV charging. Jason Chou, HDRE's general manager, said the company will establish joint ventures in Taiwan with local partner Shihlin Electric &Engineering. The pair plans to bring their charging venture to Japan.
Amidst the tumult of the lithium battery industry, Chinese EV battery giant CATL has once again made waves with the launch of its groundbreaking energy storage system, "Tianheng." As the energy storage market navigates through storms of pricing pressures and aggressive bidding, CATL's move promises to shake up the status quo.
In a landmark bilateral summit, the United States and Japan have solidified a groundbreaking partnership to spearhead the global transition towards clean energy. As reported by Nikkei, Reuters, and Bloomberg Magazine, the high-level meeting, held on April 10, 2024, in Washington, marks a pivotal moment in international efforts to combat climate change and ensure energy security.
A solid-state battery research project supported by the South Korean government has discovered methods to enhance the stability of solid-state batteries. The discoveries will reportedly promote the development of safer battery systems and the team's results have been published in the online edition of the academic journal ACS Energy Letters.
