Groq, the US-based AI chipmaker, has launched its first European data center in Helsinki, accelerating its global expansion and tapping into the rising demand for sovereign AI infrastructure. Developed in partnership with Equinix, the facility will host Groq's proprietary Language Processing Units (LPUs), engineered for fast deployment and cost-efficient AI inference at scale.
General Electric's power unit GE Vernova said a new 1.3-gigawatt gas-fired unit at Taiwan Power Co.'s Hsingta plant began commercial operations, marking a shift away from coal generation on the island.
Taiwanese clean energy firm Shinfox Energy has signed a joint development agreement (JDA) with ComClark Network and Technology Corporation, the parent company of Filipino telecom Converge ICT Solutions Inc., aiming to combine their strengths in their respective fields to advance the development of renewable energy, smart grids, and clean energy infrastructure in the Philippines.
HD Renewable Energy's Star Exchange unveiled its "Power Bank" platform this month, integrating AI trading technology to bring financial market mechanisms to electricity services across Taiwan, Japan, and Australia. The company plans a public listing by 2027.
Taiwan's semiconductor companies are caught between soaring electricity costs and urgent renewable energy demands, creating a supply-demand mismatch that's driving green power prices higher and benefiting utility investors.
The Trump administration's policies are expected to seriously undermine renewable energy supply and demand in the short term, while its moves to block Chinese solar firms with US plants are unlikely to have much effect, as the Chinese firms have been filing patent lawsuits in the US against their competitors to impede their operation.
Energy AIoT startup Thingnario is positioning Taiwan to capitalize on surging electricity demand from generative AI while meeting net-zero targets, bringing together industry and government officials to discuss AI-driven energy transformation.
China launched a "de-involution" campaign targeting solar, energy storage, and electric vehicle sectors since mid-March following the Two Sessions, focusing on industries hit by US trade restrictions under the Inflation Reduction Act.
China's solar industry hit overdrive in May, with new installations surging to record highs as developers rushed to beat looming policy changes. According to the National Energy Administration, solar capacity additions reached a staggering 93GW, quadrupling the total from May 2024 and surpassing the previous record of 71GW set last December.
Formosa Smart Energy has unveiled Taiwan's first lithium iron phosphate (LFP) battery recycling pilot line, launched in tandem with the government's July 1 rollout of discounted disposal fees for used lithium batteries. The initiative aims to boost local investment in battery reuse and closed-loop recycling infrastructure.
Formosa Smart Energy Tech (FSET) has signed a strategic memorandum of understanding (MOU) with Poland's SKB Group, outlining a comprehensive five-pronged partnership that spans electric buses, integrated energy storage systems, smart energy platforms, commercial and industrial storage, and strategic investments in clean-tech alliances.
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