Mitsubishi Electric has announced plans to carve out its distribution panel components business for factories and commercial buildings into a joint venture (JV) with Swiss power and automation giant ABB. Mitsubishi Electric will spin off the division and transfer a 51% stake to ABB. Moving forward, the Japanese conglomerate will focus on data center infrastructure and high-voltage grid applications positioned further upstream in power transmission and distribution.
Aerospace Industrial Development Corporation (AIDC) held an inauguration ceremony for its 9MW/54MWh large-scale microgrid system at its Shuinan facility in Taichung on October 22, marking the official commissioning of what the company describes as Taiwan's largest industrial behind-the-meter energy storage microgrid.
Taiwan and the UK deepened cooperation on offshore wind, carbon capture, and energy security at two bilateral meetings held recently in Taipei. The 21st Taiwan-UK Renewable Energy Exchange Conference brought together about 80 government, industry, and research representatives to discuss energy policy, technical practices, and collaboration on low-carbon technologies. The eighth Taiwan-UK Energy Dialogue Conference followed that afternoon.
While Tesla is expanding its ambitions in autonomous transportation and embodied AI, developments in its energy-storage business are drawing attention following a mixed set of financial results in the company's third-quarter 2026 earnings report.
Amazon plans to invest in a proposed 960MW nuclear power plant in Indiana and become its first power purchaser, securing long-term electricity for its AI data centers as it expands its nuclear energy strategy.
PCB makers are expanding sustainability efforts as artificial intelligence (AI) and high-performance computing (HPC) drive demand for higher-performance boards. Still, the industry faces obstacles in securing affordable renewable power, validating low-carbon materials, and measuring emissions across its supply chain. Industry output is expected to exceed NT$1.13 trillion (US$34.63 billion) in 2026, putting pressure on the industry to balance growth with its sustainability goals.
CATL's third-quarter revenue rose 58.58% year-over-year to CNY165.22 billion (approx. US$24.73 billion), but net profit attributable to shareholders increased just 14.54% to CNY21.25 billion. For the first nine months of 2026, revenue reached CNY442.14 billion, up 56.19%, while net profit rose 31.6% to CNY64.53 billion, according to its filing on Cninfo.
Apple announced new and expanded US supplier partnerships on October 20, 2026, including plans to commit up to US$100 million to titanium producer Perryman Company over three years and broaden its camera-technology partnership with Qnity Electronics.
As renewable energy penetration continues to increase, energy storage systems have become essential to maintaining grid stability and supporting corporate energy transitions. However, Taiwan still lacks effective mechanisms to quantify the risk mitigation and protective value of energy storage, making it difficult for businesses to fully recognize its importance.
Taiwan's leading business groups have urged the government to provide financial support for state-run energy utilities and accelerate the restart of nuclear power plants, as surging global fuel prices drove Taipower's natural gas costs more than NT$70 billion (US$2.15 billion) above prewar levels by the end of August 2026.
As geopolitical tensions reshape global supply chains, US regulations governing energy and battery energy storage systems (BESS) are undergoing rapid and unpredictable changes.
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