Hanwha Solutions' solar subsidiary, Hanwha Qcells, has officially launched its solar module recycling brand, EcoRecycle by Qcells, marking its entry into the US recycling market amid growing demand for sustainable end-of-life module processing.
As Taiwan shifts its focus from front-of-the-meter (FTM) to behind-the-meter (BTM) energy storage applications, 2025 is expected to mark a turning point, particularly for industrial and large high-voltage electricity users. However, unattractive return on investment (ROI) remains the biggest hurdle, slowing momentum for broader adoption.
In April 2025, China imposed new export restrictions on seven critical mid-to-heavy rare earth elements—samarium (Sm), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu), scandium (Sc), and yttrium (Y). The move disrupted global supply chains, hitting the automotive and electronics industries hardest.
Eco Wave Power is advancing its first Asian wave energy project in Taiwan, marking a strategic expansion into the Asia-Pacific region for the Israeli renewable energy company. The project, developed in partnership with I-Ke International Ocean Energy, will feature a 100-kilowatt capacity installation fully financed by the Taiwanese partner.
Protrade Applied Materials, a subsidiary of Weblink International specializing in the distribution of industrial raw materials, posted a record-high consolidated revenue of NT$6.07 billion (approx. US$203.08 million) in 2024. Despite uncertainties in the global economic and trade markets, the company anticipates steady growth in businesses with rigid demand such as tires, adhesives, and waterproof roofing.
RiTdisplay Group, previously focused on PMOLED displays, is undergoing a sweeping transformation aimed at securing long-term sustainability. The company is now building momentum across three core areas: energy solutions, specialty display systems, and asset management.
India is reportedly in talks with companies to create long-term stockpiles of rare earth magnets and boost domestic production through fiscal incentives as it scrambles to secure critical materials amid China's tightening export controls, according to people familiar with the matter.
As many Taiwanese technology companies strive to meet international RE100 and net-zero emissions targets, they are increasingly concerned about the long-term challenge of green energy shortages. In response, GreenRock Energy announced on June 4 the launch of a new joint venture, dubbed Yishi Energy, in partnership with Delta Energy and ZN Energy. The goal is to create an investment platform for solar energy projects and strengthen participation in Taiwan's green power trading market.
Taiwan-based solar firm United Renewable Energy (URE) is expected to lay off more than 100 employees by the end of 2025 in response to global green energy market and technological transformation trends. Simultaneously, the company will continue to strengthen its two core businesses: tunnel oxide passivated contact (TOPCon) cells and energy storage.
Taiwan's carbon fee system launches in 2025, creating new pressures for high-emission industries as companies scramble to adapt their strategies and maintain competitiveness in global markets.
US President Donald Trump has aggressively deployed tariffs and trade measures to prioritize American manufacturing since returning to the White House in January 2025. However, Chinese-backed firms already operating on US soil are finding their ambitions increasingly imperiled.
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