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Mar 24, 09:44
India's renewable energy sector sees record growth, says firm serving Tata and Adani
India's renewable energy sector is witnessing an unprecedented surge, with major corporations ramping up investments as demand for clean power grows substantially year-on-year, according to Powercon, which counts major corporations like Tata Power, Adani, and NTPC among its customers.
Taiwan's Ministry of Economic Affairs plans to introduce new subsidies in 2025 to accelerate smart pole deployment across municipalities, with each local government targeting 1,000 units and a budget of NT$250 million (US$7.9 million).
The British Office in Taipei hosted the UK-Taiwan Venture Capital Summit on March 20, highlighting its push for Taiwanese companies to invest in the UK, as well as strengthening ties between the hi-tech industries in the UK and Taiwan.
J&V Energy Technology (J&V) held its earnings call on March 20. Shu-Min Chao, CEO of J&V, showed optimism for steady quarterly revenue growth across its four core business sectors: solar energy, energy storage, renewable energy trading, and water treatment. The company aims to make 2025 the first year of an anticipated three-year high-growth phase. Meanwhile, its subsidiary Greenet is set to enter the capital market, signaling promising momentum for green energy trading.
According to Hankyung Business and the Korea Economic Daily, SK On will supply Nissan with electric vehicle batteries, marking its first deal with a Japanese automaker. South Korean media reports indicate that the agreement involves providing 99.4GWh of batteries from 2028 to 2033, enough to power one million mid-sized electric vehicles.
Delta Electronics is showcasing its advanced power and liquid cooling solutions at Nvidia's GTC 2025 conference, targeting the increased energy demands of next-generation AI chips including Blackwell Ultra and the upcoming Rubin architecture.
Taiwan's leading aerospace manufacturer AIDC has expanded into the green energy sector, launching a 2-megawatt wind and solar energy storage demonstration site at its Taichung facility. The project marks AIDC's formal entry into the energy storage market as the company looks to diversify beyond its traditional aerospace focus.
Taiwan's Aerospace Industrial Development Corp. (AIDC) expanded its green energy portfolio with the launch of a 2-megawatt wind-solar energy storage demonstration facility at its Taichung plant on March 18, 2025. The project leverages aerospace technology innovations for energy storage solutions.
Surangel Whipps Jr., President of Palau, officially appointed Stan Shih, founder of Acer Group, as the country's Senior Economic Advisor on March 17 in the capital city of Koror. Both parties also signed a memorandum of understanding (MOU), aiming to boost Palau's economic development with Taiwan's successful industrial experience, while exploring innovative business models across multiple sectors.
Amid the rising demand for electricity driven by the expansion of chipmakers, Raymond Greene, Director of the American Institute in Taiwan (AIT), has stated that the US is willing to assist Taiwan in securing reliable energy sources. Meanwhile, opposition lawmakers have officially proposed a bill to allow the nuclear power plant in Kuosheng, which is set to be decommissioned on May 17, to extend its operation for another 20 years with legal backing.
The 12th Smart City Summit and Expo (SCSE) officially kicked off on March 18, 2025, at the Taipei Nangang Exhibition Center Hall 2. As the largest professional exhibition for smart cities in the Asia-Pacific region, this year's event focuses on critical areas such as AI applications, smart governance, deep energy savings, virtual power plants, net-zero sustainability, and global co-creation, showcasing innovative applications of digital technology in developing smart and net-zero cities.
Aeon Motor's global market growth, production optimization, and new energy product strategy led to significant financial gains. In the fourth quarter of 2024, revenue was NT$483 million (approx. US$14.66 million), contributing to an annual consolidated revenue of NT$2.29 billion, marking a 6.81% year-over-year increase. In 2025, Aeon Motor plans to strengthen its presence in the two-wheeler market and continue its push into the new energy sector.