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Monday 24 March 2025
India's renewable energy sector sees record growth, says firm serving Tata and Adani
India's renewable energy sector is witnessing an unprecedented surge, with major corporations ramping up investments as demand for clean power grows substantially year-on-year, according to Powercon, which counts major corporations like Tata Power, Adani, and NTPC among its customers.
Monday 24 March 2025
Delta Electronics drives smart city innovation with renewable energy solutions
Delta Electronics is leveraging its expertise in power and automation to deliver integrated smart city solutions focused on sustainability and efficiency for global urban development.
Monday 24 March 2025
CIP's Fengmiao project sets benchmark for Taiwan's Phase 3-1 offshore wind expansion
With Phase 2 of Taiwan's offshore wind power development progressing steadily, attention is now turning to Phase 3-1 projects. Among them, the Fengmiao Phase 1 wind farm project, developed by Copenhagen Infrastructure Partners (CIP), has emerged as a key benchmark for the viability of Phase 3-1. Recent positive developments in the project have injected confidence into Taiwan's next phase of offshore wind power expansion.
Monday 24 March 2025
EV charging station firms face profitability hurdles despite expansion efforts
Innmax Technology and Startrust, jointly exhibiting at the 2025 Smart City Summit and Expo (SCSE) in Taiwan and focusing on integrating charging station services and energy management systems, are working with Delta Electronics on electric vehicle (EV) charging stations. New projects will be built in Taoyuan and Tainan, Taiwan, this year.
Saturday 22 March 2025
UK seeks win-win partnership with Taiwan's tech industry
The British Office in Taipei hosted the UK-Taiwan Venture Capital Summit on March 20, highlighting its push for Taiwanese companies to invest in the UK, as well as strengthening ties between the hi-tech industries in the UK and Taiwan.
Friday 21 March 2025
Japan approves new strategic energy plan aiming for over 40% renewable energy by 2040
The Japanese government has approved the "Seventh Strategic Energy Plan" and "GX 2040 Vision," which establish a medium- to long-term direction for energy policy and promote green transformation (GX) to achieve decarbonization goals. The government positions renewable energy as the primary source of electricity for the future while reassessing the role of nuclear power generation, which remains significant alongside thermal power generation. Additionally, decentralized renewable energy is set to form the foundation for achieving GX.
Friday 21 March 2025
J&V Energy expands overseas; expects three years of rapid growth in four main sectors
J&V Energy Technology (J&V) held its earnings call on March 20. Shu-Min Chao, CEO of J&V, showed optimism for steady quarterly revenue growth across its four core business sectors: solar energy, energy storage, renewable energy trading, and water treatment. The company aims to make 2025 the first year of an anticipated three-year high-growth phase. Meanwhile, its subsidiary Greenet is set to enter the capital market, signaling promising momentum for green energy trading.
Friday 21 March 2025
SK On lands battery deal with Nissan, enters Japan's auto supply chain
According to Hankyung Business and the Korea Economic Daily, SK On will supply Nissan with electric vehicle batteries, marking its first deal with a Japanese automaker. South Korean media reports indicate that the agreement involves providing 99.4GWh of batteries from 2028 to 2033, enough to power one million mid-sized electric vehicles.
Thursday 20 March 2025
Palau taps Acer founder Stan Shih as senior economic advisor
Surangel Whipps Jr., President of Palau, officially appointed Stan Shih, founder of Acer Group, as the country's Senior Economic Advisor on March 17 in the capital city of Koror. Both parties also signed a memorandum of understanding (MOU), aiming to boost Palau's economic development with Taiwan's successful industrial experience, while exploring innovative business models across multiple sectors.
Wednesday 19 March 2025
SCSE 2025: Taiwan is a key supplier of smart solutions, says TCA chairman
The 12th Smart City Summit and Expo (SCSE) officially kicked off on March 18, 2025, at the Taipei Nangang Exhibition Center Hall 2. As the largest professional exhibition for smart cities in the Asia-Pacific region, this year's event focuses on critical areas such as AI applications, smart governance, deep energy savings, virtual power plants, net-zero sustainability, and global co-creation, showcasing innovative applications of digital technology in developing smart and net-zero cities.
Tuesday 18 March 2025
Aeon Motor reports impressive growth and plans major expansion into new energy markets
Aeon Motor's global market growth, production optimization, and new energy product strategy led to significant financial gains. In the fourth quarter of 2024, revenue was NT$483 million (approx. US$14.66 million), contributing to an annual consolidated revenue of NT$2.29 billion, marking a 6.81% year-over-year increase. In 2025, Aeon Motor plans to strengthen its presence in the two-wheeler market and continue its push into the new energy sector.
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction materials, yet heightened competition in the wall panel market in China led to an overall loss for the year. Going forward, the company hopes to see more positive operations from cost reduction strategies and green products.
Friday 14 March 2025
2025 SCSE sees 28% surge in visitor numbers
The 12th Smart City Summit and Expo (SCSE) is set to open on March 18 at the Taipei Nangang Exhibition Center Hall 2. According to the Taiwan Smart City Solutions Alliance (TSSA) chairman Alex Chien, 2025 SCSE will focus on AI applications, smart governance, deep energy savings, virtual power plants (VPP), net-zero sustainability, and global co-creation, with participants including Tatung, Secom, Chunghwa Telecom, Taiwan Mobile, Acer, Syscom, Mitac, Teco, Far EasTone Telecommunications (FET), Foxconn, Asus, and Quanta.
Friday 14 March 2025
Leadsun Greentech pivots to stability as renewable gold rush ends
Leadsun Greentech Chairman Li-Chen Lin says the era of fast profits in renewable energy has ended, with the market now favoring firms with strong fundamentals. While the sector faces challenges, long-term prospects remain bright for companies with robust operational capabilities.
Thursday 13 March 2025
China moves for higher copper exports amid market upheaval
China has issued more licenses allowing copper smelters to export metal tax-free, aiding local producers and paving the way for greater overseas sales at a time of upheaval in the global market.
Thursday 13 March 2025
Asian perspectives 7: How emerging tech powers are navigating the battle between the US and China
The Breakthrough Technology Dialogue held in Singapore at the end of February saw participation from technology experts across various countries. However, the discussions were largely influenced by Asian perspectives, with Chinese viewpoints being particularly prominent. Even in private conversations, there was limited opposition to China's stance.
Thursday 13 March 2025
AI data centers spark hidden water crisis in Taiwan
The global push to build AI data centers has intensified, raising concerns not just over power consumption but also their vast water usage. While data centers are known for their energy demands, their water requirements remain largely overlooked.
Wednesday 12 March 2025
Formosa Smart Energy, TCC spearhead green talent recruitment amid net-zero push
With the global push for net-zero carbon emissions, the green energy industry is rapidly expanding, creating a surge in demand for skilled professionals. In response, Taiwan Cement Corp. (TCC) and Formosa Smart Energy, a subsidiary of Formosa Plastics Group, have launched major recruitment initiatives to attract "green collar" talent and capitalize on emerging business opportunities.
Wednesday 12 March 2025
Taiwan hosts inaugural H2 Grand Prix to cultivate hydrogen energy talent
Hydrogen energy is a pivotal technology in Taiwan's journey toward net-zero emissions, with talent development playing a crucial role in its progress. To support this, Taiwan has launched the H2 Grand Prix (H2GP) Taiwan 2025, an educational initiative designed to cultivate future experts in hydrogen energy technologies.
Monday 10 March 2025
Fluence taps AI boom, industrial demand to drive Taiwan's energy storage growth
Fluence, one of the world's top five energy storage providers, is expanding its global footprint with major projects. Martin Tzou, Fluence Energy Taiwan's general manager, outlined Taiwan's evolving energy storage market, pinpointing two emerging growth drivers: behind-the-meter storage and AI data centers. He noted that Taiwan's AI data centers face two key hurdles—land constraints and a lack of energy storage applications.
Monday 10 March 2025
Vietnam, China deepen economic ties with investments in high-tech, green energy, EMS
On February 28, 2025, the Prime Minister of Vietnam, Pham Minh Chinh, met with executives from 23 major Chinese corporations in Hanoi to strengthen economic ties and position Vietnam as a key global production hub. The roundtable, reported by Bloomberg and Viet Nam News, centered on expanding investments in infrastructure, energy, and high-tech manufacturing.
Saturday 8 March 2025
Malaysia urges solar companies to explore ASEAN markets as US tariffs take effect
The Malaysian government urges solar companies to seek alternative markets amid new US tariffs affecting Malaysia, Cambodia, Thailand, and Vietnam amid US tariff uncertainties.
Friday 7 March 2025
Solar sector braces for 'eclipse' in 2025 amid oversupply, weakening demand
The global solar industry faces an impending "solar eclipse" in 2025 as oversupply worsens and demand shows signs of fatigue. Motech General Manager Cheng-Hsien Yeh likened the company to a "missile boat," emphasizing agility over scale to navigate market turbulence.
Friday 7 March 2025
India's lithium battery incentive scheme fails to deliver required production
India launched an incentive scheme to support local production of lithium batteries amid an EV trend in 2021. However, all the approved applicants failed to begin production to avail of the benefits after nearly four years.
Thursday 6 March 2025
Darfon set to rebound in 2025 as inventory adjustment concludes
Despite ongoing inventory adjustments in the bicycle-related market impacting contributions from the green energy sector, Darfon has managed to maintain a gross margin of over 18% in 2024 through internal restructuring. Looking ahead to 2025, as inventory levels stabilize and AIoT-related businesses continue to grow, the company remains cautiously optimistic, anticipating the year to mark a turning point for recovery.