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Monday 9 December 2024
EU tightens subsidy rules for green hydrogen, effectively excluding Chinese products
The European Union is tightening its subsidy rules for green hydrogen production, effectively barring products with substantial Chinese involvement. The move reflects lessons learned from past challenges with Chinese competition, particularly in the solar energy sector, and aligns with strategies adopted by the US and Japan to counter Beijing's industrial dominance.
Friday 6 December 2024
COP29 outlines global energy shift, signals challenges for Taiwan
Following two weeks of heated discussions, the COP29 climate summit concluded with debates over climate financing dominating headlines. However, significant strides were made in energy, with resolutions on hydrogen, energy storage, and carbon trading establishing a framework for global energy transformation.
Wednesday 4 December 2024
Climate change drives Taiwan power grid overhaul and demand surge
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.
Tuesday 3 December 2024
US imposes tariffs on Chinese solar producers in Southeast Asia
The US Department of Commerce announced on November 29, 2024, its preliminary findings in antidumping duty investigations targeting crystalline photovoltaic cells and modules from Cambodia, Malaysia, Thailand, and Vietnam.
Tuesday 3 December 2024
Danish investors urge Taiwan to speed up renewable energy shift
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.
Tuesday 3 December 2024
CIP secures Taiwan's first corporate wind power deal
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.
Monday 2 December 2024
Powering data centers with wind, geothermal, and grid-aware technologies
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.
Monday 2 December 2024
GlobalWafers subsidiary Topsil gains recognition for advancing green energy ecosystem
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.
Friday 29 November 2024
Hotai Motor raises Taiwan vehicle market forecast to 460,000 units for 2024
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.
Friday 29 November 2024
Offshore wind power component maker Yeong Guan sets 2025 Thai plant launch
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.
Friday 29 November 2024
Taiwan accelerates geothermal vision with Nordic partnerships and 1 GW target
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.
Thursday 28 November 2024
Leader New Energy advances 140 MW E-dReg ventures
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.
Thursday 28 November 2024
LG Group revamps leadership to drive stability and innovation
LG Group convened a board meeting to finalize senior leadership changes across its subsidiaries. While overall promotions were scaled back, the company emphasized advancing R&D talent and increasing representation among women and younger professionals, reinforcing its commitment to innovation and long-term growth strategies.
Thursday 28 November 2024
Innolux sharpens focus on carbon neutrality with innovative energy solutions
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.
Thursday 28 November 2024
Taiwan to power AI data center expansion with hydrogen tech
Through collaborations with US-based Bloom Energy, Taiwan is accelerating its AI data center development, with power supply emerging as a critical challenge. The government plans to establish an AI data center in Tainan, leveraging hydrogen fuel systems to ensure a stable energy supply amid growing demands.
Wednesday 27 November 2024
AWS details diverse energy strategy, nuclear power plans
Following Amazon's recent announcement of its investment in nuclear energy in the US, industry watchers are waiting to see if such investment will expand to other regions.
Wednesday 27 November 2024
China's solar price agreement: Policies meet creative workarounds
China's N-type TOPCon solar production is grappling with overcapacity. In October, the China Photovoltaic Industry Association (CPIA) and 16 tier-1 manufacturers agreed to a minimum price threshold for solar module quotes. Non-compliance could lead to penalties enforced via whistleblowing mechanisms reminiscent of historical grassroots reporting systems.
Monday 25 November 2024
China leads global offshore wind race as India plays catch-up
In the rapidly evolving landscape of global offshore wind energy, China has emerged as the undisputed frontrunner, while India is just beginning to explore this sector. Industry experts from Rystad Energy and S&P Global offer insights into the different paths taken by these two Asian giants in the offshore wind market.
Friday 22 November 2024
China's solar energy market still plagued by price war
It has been almost a month since China's solar industry set a floor price in order to curb cut-throat competition among its members, but some opportunists are taking advantage of loopholes to circumvent the restrictions, according to industry sources.
Wednesday 20 November 2024
China slashes export tax rebates for solar panels and lithium batteries by 30%
China's Ministry of Finance and State Taxation Administration has announced significant changes to its export tax rebate policy, effective December 1. The new policy eliminates rebates for 59 products and reduces the rebate rate from 13% to 9% for 209 items, including refined oil, solar panels, lithium batteries, and modules, vanadium redox flow batteries, and certain non-metallic mineral products. This 4% reduction represents an approximate 30% decrease in rebates.
Tuesday 19 November 2024
Linde LienHwa set to lead Taiwan's hydrogen vehicle market with new plant launch in 2025
Taiwan's largest industrial gas manufacturer, Linde LienHwa, is shifting its focus from decades of industrial hydrogen applications to the transportation sector. The company aims to lead Taiwan's hydrogen vehicle market once its dedicated hydrogen manufacturing plant in southern Taiwan becomes operational in 2025.
Monday 18 November 2024
EU-China trade war reshapes solar and EV landscape
Trade disputes between the EU and China, especially in the solar and automotive sectors, underscore the intricate nature of global trade. Chinese manufacturers have shown resilience and adaptability, often finding ways around regulatory hurdles.
Thursday 14 November 2024
Three Chinese solar firms accused of US$2.64 billion tax dodge in India
Three Chinese solar companies were found to have evaded taxes on approximately INR220 billion (US$2.64 billion) of profits earned from INR450 billion worth of solar product sales in India over the past decade.
Thursday 14 November 2024
CATL open to US investment if Trump welcomes Chinese capital
CATL's chairman and CEO Robin Zeng has expressed willingness to build a factory in the US if President-Elect Donald Trump is willing to open the door for Chinese electric vehicle (EV) investments. This strategic shift comes as Chinese manufacturers face mounting pressure from Trump's tariffs on EV and lithium battery imports.
Thursday 14 November 2024
TSMC unveils Taichung zero-waste center, reducing 130,000 tons of waste annually
TSMC inaugurated its zero-waste manufacturing center in Taichung on November 13, while signing a memorandum of understanding (MOU) with Taiwan's Environmental Protection Administration (EPA) to develop advanced carbon capture technology.
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