Following multiple typhoons in 2024, Taiwan faces significant challenges to its power grid. Taiwan Power Company (Taipower) Vice President and CEO Ming-Shu Chen highlighted the increasing unpredictability of climate change's impact on Taiwan, stressing the need to enhance the resilience of power infrastructure and improve cross-agency collaboration to tackle extreme weather events effectively.

Danish officials are pressing Taiwan to accelerate its green energy transition, warning that mounting global competition for renewable resources could threaten the island's ability to meet its 2030 climate goals and maintain industrial competitiveness. Denmark, which became Taiwan's largest foreign investor in 2022 largely due to renewable energy investments, is leveraging its expertise in green technology to help guide Taiwan's path to net-zero emissions. Danish companies have already contributed to more than half of Taiwan's offshore wind capacity.

Copenhagen Infrastructure Partners (CIP) has marked a watershed moment in Taiwan's renewable energy sector by securing the first corporate power purchase agreement for its Round 3 offshore wind development, signaling the market's transition from government feed-in tariffs to corporate power purchases. Industry sources indicate additional agreements are expected in the coming months.

Wind energy provides advantages over solar power, generating electricity at any time when wind is available. Onshore turbines typically deliver 2.5–3 MW, while offshore turbines range from 3–6 MW, enough to power medium-sized data centers with a few units. Due to considerations around land costs, noise, and aesthetic concerns, turbines are often placed in remote areas with stronger winds and unobstructed airflow, reducing community resistance and boosting efficiency.

Topsil GlobalWafers A/S, a Danish subsidiary of GlobalWafers, is a global leader in Float Zone (FZ) technology, catering primarily to the green energy sector. Recently, the company earned recognition for advancing the semiconductor industry's green transformation, reinforcing its prominent role within the renewable energy ecosystem.

Hotai Motor, Taiwan's automotive leader, projected Taiwan's vehicle market will reach 460,000 units in 2024, up from a prior estimate of 450,000 units, citing steady domestic demand and improved production conditions.

Leading offshore wind turbine component maker Yeong Guan Energy Technology has announced that mass production at its Taichung plant will begin in 2025, while its plant in Thailand will begin trial production in mid-2025. Amid the trend toward supply chain diversification, the company has already received numerous inquiries from European companies about production in its Thailand plant, potentially boosting growth next year.

The global push toward net-zero emissions is transforming industries, presenting both challenges and unprecedented opportunities. With 198 countries committed to net-zero targets by 2050, this transition has become essential for businesses seeking long-term sustainability. The industrial PC (IPC) sector stands at the forefront of these changes.

As Taiwan advances its untapped geothermal potential, experts are turning to Nordic countries for inspiration. At the Nordic-Taiwan Sustainable Energy Forum 2024, industry leaders and policymakers convened to explore how Taiwan could mirror the success of Nordic countries in geothermal development, leveraging its position on the geologically active Pacific Ring of Fire.

Leader Electronics' subsidiary, Leader New Energy, plans to kick off construction on a 40-megawatt (MW) E-dReg project by late 2024. Meanwhile, a 99.9 MW E-dReg energy storage project has secured approval from Taipower for grid connection review.

Innolux has pledged to cut greenhouse gas emissions by 25% from 2020 levels by 2030, aligning with its carbon reduction goals. The company targets achieving a 20% renewable energy usage ratio (RE20) across its Greater China facilities, emphasizing systematic and innovative strategies to boost carbon reduction effectiveness.