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In recent years, China and the United States have imposed reciprocal restrictions on critical raw materials, and with the potential for increased tariffs following Trump's return to office, new sanctions may follow. Lianyou Metals, a major player in the recycling and smelting of rare precious metals such as tungsten and cobalt, has reported a noticeable rise in orders from American customers. Under the ongoing US-China trade tensions, Lianyou expects to benefit from order shifts.
On January 8, 2025, Executive Yuan Premier Cho Jung-tai addressed the closing ceremony of the "2025 Executive Yuan Technology Advisory Meeting," announcing that the government has set new national carbon reduction targets for 2030, 2032, and 2035. The initiative focuses on promoting diverse green energy sources, enhanced energy conservation, technological storage solutions, and strengthening grid security resilience to achieve secondary energy transformation.
HD Renewable Energy (HDRE) posted consolidated revenue of NT$9.52 billion (approx. US$57.32 million) in December 2024, showing growth of 48.22% compared to the previous month and 13.22% compared to the same period last year. The company's annual revenue reached NT$10.125 billion in 2024, achieving a 73.41% increase year over year and setting a new record high.
UHT Unitech has entered into a significant partnership with Ablecom Technology, a Taiwanese server parts supplier of Supermicro, to push forward the development of advanced immersion cooling AI server cabinets.
The surging demand for advanced data center expansion has brought energy stability, cost-efficiency, and safety into sharp focus. In response, Gus Technology unveiled a dual-purpose UPS energy storage module powered by lithium-titanium-oxide (LTO) technology. While primarily aimed at the uninterruptible power supply (UPS) market, the company also envisions expanding its use to backup battery units (BBUs).
Taiwan's power industry is undergoing a profound digital transformation, spurred by the decentralization and liberalization of the electricity market. Established companies are keen to develop renewable energy innovations, while startups seize opportunities in this evolving landscape. Increasingly, players across the sector are focusing on intelligent solutions to stay competitive and navigate the energy transition.
Taiwan's renewable energy companies are increasingly targeting Southeast Asian markets, with the Philippines emerging as their prime destination due to its favorable market conditions and strong government support.
As the energy transition accelerates, behind-the-meter energy storage is emerging as a key tool to boost efficiency and manage peak power demand. While the industry sees strong market potential, large electricity consumers, including factories, remain cautious, citing uncertain payback periods and regulatory challenges.
Global technology manufacturers face intensifying pressure to extend product lifespans and reduce electronic waste, as TCO Development, the Swedish non-profit behind one of the sector's leading certification bodies, introduces more stringent sustainability requirements amid projections that e-waste will surge to 82 million tonnes by 2030.
Belgium is moving ahead with an innovative energy grid strategy, transitioning from traditional offshore wind infrastructure to an integrated network anchored by an artificial energy island, marking a significant shift in European offshore wind development.
Six weeks after COP29 climate summit concluded with a compromise on the New Collective Quantitative Goal (NCQG), the agreement continues to fall short of developing countries' expectations as fundamental disagreements persist over coordinating public and private funding streams.