South Korea will keep electricity rates unchanged for the second quarter of 2026 amid geopolitical tensions in the Middle East, which are pushing global energy prices higher, a decision intended to stabilize household costs in the short term. The move, however, exposes mounting contradictions between the country's electricity pricing mechanism and broader energy policy objectives.

Samsung SDI has secured a multi-year supply of LFP cathode materials from L&F, strengthening its North American energy storage system (ESS) strategy and reducing reliance on Chinese suppliers. The deal could influence global ESS supply chains, US regulatory compliance, and competitive dynamics in large-scale battery manufacturing and procurement.

The upcoming SelectUSA investment summit is approaching, and Taiwanese firms are expected to be a major presence as they seek to integrate more closely with the US market. As the Taiwanese government continues encouraging its companies to "go east" by investing in the US to drive business growth, many firms are eager to seize this opportunity to better understand the American market and how to manage local supply chains.

Taiwan's Hai Long Offshore Wind Project announced on March 20 that the first wind turbine at the Hai Long 3 wind farm has been successfully installed offshore. The turbine nacelle was locally assembled in Taichung, Taiwan, by Siemens Gamesa, in collaboration with nine domestic suppliers — including Swancor Highpolymer, Shihlin Electric and Engineering (SEEC), and Walsin Lihwa — demonstrating significant progress in localizing wind power components such as blade resins, transformers, and cables.

At the Nvidia GTC 2026 conference, CEO Jensen Huang emphasized that power delivery and liquid cooling will become core elements requiring co-design. He said that future AI racks and AI factories must integrate power and thermal systems into a unified infrastructure framework.

As Taiwan enters round 3.3 of its offshore wind development project, foreign financial institutions have reached relatively high exposure levels. Experts say Taiwan's government should expand its financing guarantee mechanisms to boost banks' willingness to participate in lending, and encourage greater involvement from public banks to address the gaps in financing capacity among both domestic and international lenders.

Reliance Industries Limited (RIL) has signed a binding long-term supply and purchase agreement (SPA) with Samsung C&T Corporation for the supply of green ammonia over 15 years, commencing in the second half of fiscal year 2029. Valued at more than US$3 billion, RIL describes it as one of the largest binding green ammonia offtake agreements in the world.

India has expanded its domestic content framework for solar manufacturing, extending the Approved List of Models and Manufacturers (ALMM) regime to cover upstream components such as ingots and wafers, in a move aimed at reducing import dependence and strengthening supply chain resilience.

Rising geopolitical tensions in the Middle East are fueling debate in Taiwan over energy security, as industry leaders warn that disruptions to global supply routes could expose vulnerabilities in the island's power system and add pressure to its semiconductor-dependent economy.

Japan's 25th Smart Energy Week is taking place in Tokyo, where HD Renewable Energy (HDRE) showcased three major solutions: energy storage integration, electricity trading, and charging operations. The company stated that its target in the Japanese market is to develop 3 GW, and that its Helios 50MW storage project in the Hokkaido region has already begun trading on the electricity market.