Singda Marine Structure, a China Steel Corporation subsidiary, faces a potential shutdown after incurring losses of NT$44.2 billion (US$1.4 billion), igniting debates about Taiwan's offshore wind localization policy. The China Steel labor union has urged Taiwan's Ministry of Economic Affairs to assume responsibility rather than leaving the financial burden solely on the company.
Taiwan's Sanyang Motor (SYM) and the Industrial Technology Research Institute (ITRI) have reached a significant milestone in their joint hydrogen fuel cell motorcycle project, successfully completing a key road test.
Stringent regulations and restrictive land use policies have severely limited Taiwan's solar power development, failing to meet the semiconductor industry's growing demand for green energy, according to Norman Tsai, chairman of both the Taiwan Photovoltaic Industry Sustainability Association (TPISA) and INA Energy.
As offshore wind and solar power mature, the Ministry of Economic Affairs of Taiwan (MOEA) has shifted its focus to geothermal energy as the next key phase in renewable energy development.
The Democratic Republic of Congo filed lawsuits against Apple in France and Belgium accusing the company of using minerals "pillaged" from the central African nation in its products.
Despite initial market jitters following Donald Trump's presidential victory, Taiwan's energy industry executives remain confident, with some reporting increased orders for solar and energy storage products in recent weeks.
Days after the US government announced fresh countervailing duties on solar products from Southeast Asian countries, targeting Chinese companies, China-based solar inverter manufacturer Ningbo Deye announced its intention to invest US$150 million in establishing a subsidiary in Malaysia to manufacture solar energy and storage products.
The Taiwan government's unclear position on renewable energy manufacturing has triggered a "race to the bottom" across its clean energy sectors in 2024. The recent controversy over Sino-American Silicon's production halt highlights solar power challenges, while the domestic offshore wind initiative faces even steeper setbacks.
The competition to dominate Asia's nascent floating offshore wind market is intensifying, with Taiwan and South Korea emerging as frontrunners while Japan's cautious approach risks leaving it behind in the region's renewable energy transformation.
Leading heavy electrical equipment maker Fortune Electric has seen 2024 revenue and profit surpass last year's levels, as its order backlog now extends to 2027-2028, according to company president I-te Hsu. The company expects exports to account for as much as 50% of its revenue in 2025, which will help boost its bottom line as exports are more profitable than sales to Taipower and other green energy products.
A research team at National Taiwan University (NTU) has developed breakthrough technologies for carbon capture and conversion. Their membrane-based carbon capture technology achieves up to 90% efficiency, while their electrochemical carbon conversion technology transforms CO2 into valuable chemicals such as formic acid and syngas.
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