Jul 19, 10:29
Acer explores hydrogen power to boost ESG initiatives
Hydrogen energy, lauded for its superior thermal properties and negligible carbon emissions, is garnering attention from governments, corporations, and investors as a pivotal component in the shift toward low-carbon energy solutions. Jason Chen, Chairman and CEO of Acer, revealed that the company is delving into hydrogen power generation, engaging in discussions with several firms, and planning to initiate operations in regions with higher electricity prices.
A type of rock found under every continent holds the potential key to permanently trapping planet-warming carbon dioxide under the Earth's surface.
The Ministry of Economic Affairs (MOEA) in Taiwan has concluded the Round 3.2 of its offshore wind power development auction, awarding six wind farms development rights with all bids coming in at NT$0 per kWh. This pricing structure necessitates that the projects secure Corporate Power Purchase Agreements (CPPA) to proceed.
In the heart of Berlin, a small startup is poised to disrupt the electronics industry with a material that has been around for decades: carbon fiber. Carbon Mobile, led by CEO Firas Khalifeh, has developed proprietary technology that could revolutionize the way our devices are made, promising lighter, more sustainable products.
Amidst the surge in demand for data centers, Singapore unveiled its Green Data Center Roadmap in May to promote sustainable practices in the industry. This ambitious plan aims to increase data center capacity by 300 megawatts (MW) in the near term while enhancing energy efficiency and reducing environmental impact.
The transformation of smart grids has boosted demand for power semiconductors, nurturing Chinese and Taiwanese suppliers to accelerate R&D of relevant product lines such as thyristors, IGBTs, and MOSFETs.
Senior executives from key manufacturers, including ASE Technology Holding and Taiwan Semiconductor Manufacturing Company (TSMC), gathered at a summit forum on July 9 to discuss their progress and goals for achieving net-zero carbon emissions.
To enhance corporate investment momentum in Taiwan and address talent shortages, Taiwan's National Development Council (NDC) said it is considering a system similar to Japan's "J-Skip" program, which allows those with a master's degree or higher, or advanced skills and a certain income level, to apply for permanent residency after just one year.
In a push to decarbonize, the Indian government is ramping up policy support for hydrogen-powered commercial vehicles. The National Green Hydrogen Mission aims to promote large-scale adoption of hydrogen technology across various sectors, including fiscal support for fuel cell vehicle (FCV) pilots targeting commercial buses and long-haul trucks.
Launching a floating offshore wind demonstration program will solidify Taiwan's pioneering position in the APAC region's energy transition. Carlos Martín Rivals, CEO of BlueFloat Energy, has called for urgent action to realize floating offshore wind projects in Taiwan. He stressed the importance of announcing a feed-in tariff (FIT) by Q3 2024 to derisk developer activities.
Taiwan startup Carbon Shuttle is betting big on innovative carbon-based materials to transform the recycling of precious metals from electronic waste, a critical component in major tech companies' sustainability efforts.
Asia's corporate clean energy market is poised for explosive growth, but significant challenges remain in meeting surging demand. Despite global energy market disruptions, investments in the energy transition continue to grow, with 2023 marking a record US$1.7 trillion in energy transition investments.