Largan Industrial Optics and Apollo Power announced a green power cooperation agreement on May 5 to supply renewable electricity to global high-tech manufacturing, aiming to support the semiconductor industry's low-carbon transition and meet tighter ESG requirements across international supply chains. The deal is expected to deliver more than 10 million kWh of renewable electricity per year and will initially target upstream and downstream semiconductor suppliers, the firms said.
Hengs Technology, a Taiwan solar system integrator and operator, said its operations and maintenance business would enter a harvest phase in 2026, supporting another year of strong revenue growth. The company said it remained focused on project development and solar and energy storage engineering, procurement, and construction, which accounted for 95.75% of total revenue, and that expanding O&M contracts will transform its revenue mix toward recurring cash flow.
Taiwan startup Seetel New Energy announced on May 5 that its self-developed energy management and battery management systems have passed Japan Cyber STAR certification from the Information-technology Promotion Agency, a body under Japan's Ministry of Economy, Trade and Industry, positioning the firm for early entry into the Japanese energy storage market. The company said it is the first and only Taiwan-based energy storage systems provider to obtain the dual certification, a credential that will be required for distributed energy resources connecting to Japan's grid beginning in April 2027.
As Taiwan's energy transition enters a critical phase, the stability of power supply and the quality of renewable energy infrastructure have become key industry concerns. While numerous solar engineering, procurement, and construction (EPC) providers operate in the market, only a handful offer fully integrated capabilities. Hengs Technology stands out for its comprehensive approach, extending beyond solar EPC to include AI-driven data management, as well as expansion into energy storage EPC and EV charging infrastructure. Chairman Heng-Hao Chou stated that Hengs currently holds more than NT$7.6 billion (US$239.6 million) in orders, which are expected to be gradually recognized as revenue over the next two to three years. The company has set clear targets for 2026, aiming to deploy more than 100MW of solar capacity during the year.
Meta announced partnerships with Overview Energy and Noon Energy to develop space-based solar collection and ultra‑long‑duration energy storage, aiming to support its data centers and AI infrastructure. These projects could extend renewable generation and store clean power for days, with implications for grid reliability and how organizations use energy worldwide.
Formosa 2 Wind Power (Formosa 2) held a refinancing ceremony on April 24, announcing the successful completion of a refinancing agreement totaling approximately NT$58.9 billion (approx. US$1.87 billion). Representatives from the company's two major shareholders, Synera Renewable Energy (SRE) and JERA Nex bp, attended the event to witness the milestone.
India's push to localize solar manufacturing while rapidly expanding capacity is creating a structural bottleneck, as stricter domestic sourcing rules risk constraining supply just as renewable deployment accelerates. Industry groups warn that the mismatch between solar cell production and demand could delay projects, even as the government accelerates its clean energy transition.
Amid rising electricity demand driven by geopolitical tensions and AI growth, Formosa Smart Energy Tech (FSET) is advancing its battery recycling and energy storage strategy to build a localized circular supply chain. The company plans to establish Taiwan's first waste battery recycling line in Changhua County, targeting completion by the fourth quarter of 2027 with an initial capacity of 720 tons.
Driven by rapid growth in the AI and semiconductor industries, green electricity demand is expected to reach 40 billion kWh by 2030. As fixed-bottom wind turbine installations gradually approach saturation, future development is expected to shift toward floating wind turbines in deep-water areas. Renewable energy has become a key factor supporting major corporate investments, while also enhancing Taiwan's energy independence and national security.
A green energy startup from Taiwan is heading to Silicon Valley with an unconventional argument: the most valuable layer in the energy transition may not be more solar panels, but the AI dispatch layer that sits between generation and consumption.
Taiwan plans to launch a floating wind turbine demonstration project in 2026, a move with implications for global energy markets as soaring oil prices and geopolitical risk increase demand for green power. Industry leaders say government cooperation, policy, and international supply chain collaboration are needed to lower costs and attract investment.
More coverage