Taiwan-based energy solution provider ATE Energy has achieved significant progress in the Philippines market with an order backlog of about NT$11 billion (approx. US$335.83 million) and expects overseas revenues to account for 70% of the overall total in 2025, according to the company.

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.

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.

Japan is advancing its ambitious space solar power program through foundational experiments designed to collect solar energy in space and transmit electricity back to Earth.

Daya Group marked its upcoming 70th anniversary with a renewed commitment to long-term energy development, as Chairman Ryan Shen outlined the company's vision for the next two decades. The Taichung Longjing E-dReg 100 MW energy storage project remains on schedule for completion in March 2025, with the company launching a second-phase 75 MW expansion on December 5 that will be completed in 2026.

The European Union is tightening its subsidy rules for green hydrogen production, effectively barring products with substantial Chinese involvement. The move reflects lessons learned from past challenges with Chinese competition, particularly in the solar energy sector, and aligns with strategies adopted by the US and Japan to counter Beijing's industrial dominance.

Following two weeks of heated discussions, the COP29 climate summit concluded with debates over climate financing dominating headlines. However, significant strides were made in energy, with resolutions on hydrogen, energy storage, and carbon trading establishing a framework for global energy transformation.

Amid surging electricity demands and growing potential in green energy, Foxconn is strengthening its market presence by leveraging AI to enhance operational efficiency and value creation.

Following multiple typhoons in 2024, Taiwan faces significant challenges to its power grid. Taiwan Power Company (Taipower) Vice President and CEO Ming-Shu Chen highlighted the increasing unpredictability of climate change's impact on Taiwan, stressing the need to enhance the resilience of power infrastructure and improve cross-agency collaboration to tackle extreme weather events effectively.

On December 3, China declared an export ban on these metals to the US, a retaliatory action following US President Joe Biden's administration's introduction of new technology restrictions targeting China.

The US Department of Commerce announced on November 29, 2024, its preliminary findings in antidumping duty investigations targeting crystalline photovoltaic cells and modules from Cambodia, Malaysia, Thailand, and Vietnam.

Through collaborations with US-based Bloom Energy, Taiwan is accelerating its AI data center development, with power supply emerging as a critical challenge. The government plans to establish an AI data center in Tainan, leveraging hydrogen fuel systems to ensure a stable energy supply amid growing demands.

Onsemi's leadership has been increasing its presence in China recently. After Felicity Carson, SVP of global operations at Onsemi, attended PCIM Asia 2024 in Shenzhen at the end of August 2024, company president and CEO Hassane El-Khoury made a subsequent visit to Shanghai to meet with local media.

Foxconn has reportedly secured 200 acres of land in Tamil Nadu for a battery manufacturing plant, aligning with the company's strategic focus on AI and EV as growth engines.

Following Amazon's recent announcement of its investment in nuclear energy in the US, industry watchers are waiting to see if such investment will expand to other regions.

Taiwan-based E-One Moli Energy (Molicel) has commenced shipments of backup battery units (BBU) to a major cloud service provider (CSP), according to parent company Taiwan Cement (TCC).

China's Ministry of Finance and State Taxation Administration has announced significant changes to its export tax rebate policy, effective December 1. The new policy eliminates rebates for 59 products and reduces the rebate rate from 13% to 9% for 209 items, including refined oil, solar panels, lithium batteries, and modules, vanadium redox flow batteries, and certain non-metallic mineral products. This 4% reduction represents an approximate 30% decrease in rebates.

Trade disputes between the EU and China, especially in the solar and automotive sectors, underscore the intricate nature of global trade. Chinese manufacturers have shown resilience and adaptability, often finding ways around regulatory hurdles.

Sino-American Silicon Products (SAS) Group is expanding its renewable energy presence through a recent stock subscription agreement with Anneal Energy, securing a 45% stake and becoming the largest institutional shareholder. This move aligns with adjustments to Taiwan's Electricity Act, which now allows Type III solar power plants—those with less than 2,000 kilowatts in capacity—to sell green energy to renewable trading companies for corporate use.

Panasonic's battery manufacturing division has found a silver lining in the growing demand for data center energy systems, offsetting the impact of slowing electric vehicle (EV) sales. The division reported strong financial results despite challenges in the EV market.

Following the victory of Donald Trump and the Republican Party in the US presidential and congressional elections, major changes are anticipated when the new administration takes office. Chief among these changes is the likely rescinding of unspent funds under the Inflation Reduction Act (IRA), which could significantly impact the renewable energy, energy storage, and electric vehicle (EV) sectors.

Transitioning to net-zero emissions by 2050 presents a major challenge for Taiwan and many countries alike, demanding extensive changes to energy infrastructure, industrial practices, and consumer behavior. Taiwan's National Science and Technology Council (NSTC) has adopted an "ecosystem" approach to unify the energy supply chain, enabling practical applications of hydrogen energy, marine energy, energy storage, grid integration, and carbon capture solutions.

Following the convening of local enterprises by the China Photovoltaic Industry Association (CPIA) to address vicious competition tactics in China's solar energy industry, Chinese solar firms have jointly acknowledged the significance to mitigate price-cutting practices, according to industry sources.

Liteon Technology will continue to focus on AI servers, green energy, and high-performance infrastructure, with the company planning shipments of 33kW power shelves for next-generation AI servers in the fourth quarter of 2024. Furthermore, the company has completed testing of its liquid-to-liquid cooling system, with initial shipments slated to begin in 2025, and is formally entering the home energy storage market. Despite the traditionally off-peak season, the company expects both quarter-over-quarter and year-over-year growth as revenue from AI-related products continues to rise.

The industry's trio of cloud service providers (CSPs) are actively embracing nuclear energy with unprecedented enthusiasm, signaling a major shift in the global energy landscape. As the AI race intensifies, massive investments from companies are flooding into infrastructure projects worldwide, driving a surge in demand for carbon-free energy (CFE). The global response to this transformation will significantly shape the future energy landscape.