On his first day in office, US President Donald Trump initiated a broad rollback of Biden administration policies by signing a series of executive orders. Trump announced plans to revoke nearly 80 executive actions from Biden, targeting areas including climate policy, technology regulation, and foreign trade.
The green energy revolution faces its greatest challenge as former President Donald Trump prepares his return to power, heralding a seismic shift in US energy policy. Like a pendulum swinging back with force, Trump's incoming administration stands poised to demolish the Biden Administration's clean energy initiatives, systematically dismantling renewable energy development while breathing new life into traditional fossil fuels. As storm clouds gather over the renewable sector, industry experts warn that a Trump-led government would withdraw again from the Paris Agreement, dealing a potentially devastating blow to global climate action.
The future of electric vehicle (EV) development in the US faces uncertainty as controversy over EV policy intensifies during the presidential transition between the incoming Trump administration and the outgoing Biden administration.
Amid rising industrial electricity demand in Taiwan, the effective integration of energy creation, storage, and conservation has become crucial for business development. Foxlink Group Chairman Taichang Guo emphasized that creating diversified renewable energy solutions to support Taiwan's industrial stability will be a key mission for the group's future development.
The return of Donald Trump to power introduces substantial uncertainty in the progression of global climate change initiatives. An analysis by DIGITIMES Research delves into his energy policies, examining their impact on the green energy sector within the US and the broader global energy landscape. The publication projects the potential trajectory of the industry through the year 2025.
Samsung Electro-Mechanics is leveraging its multilayer ceramic capacitor (MLCC) expertise to venture into the energy sector, specifically targeting the development of small all-solid-state batteries.
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.
AcBel Polytech (AcBel) anticipates a year of growth in 2025, driven by the gradual emergence of synergies from its acquisition of OmniOn and the steady expansion of its renewable energy business, according to Chairman Jerry Hsu.
GlobalWafers' Danish subsidiary, Topsil, has achieved a significant milestone in renewable energy adoption by inaugurating a solar power facility that supplies 100% of its manufacturing site's electricity needs. This development marks a crucial step in GlobalWafers' commitment to the RE100 initiative, which it joined in 2022 to implement green energy across its global operations.
Malaysian Prime Minister Anwar Ibrahim has announced plans to leverage the country's geographical advantages and recent foreign investments to position Malaysia as a hub for energy and chip manufacturing.
Trusval Technology posted a December 2024 consolidated revenue of NT$314 million (US$9.53 million), marking a 44.5 percent year-over-year increase. Fourth-quarter revenue totaled NT$1.055 billion, reflecting a 7.9 percent decline quarter over quarter but a 75.2 percent year-over-year rise. For 2024, full-year revenue surged 50.5 percent to NT$3.631 billion, the highest in eight years.
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.
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.
John Dennis, Representative at the British Office in Taipei, will conclude his tenure in February 2025 after serving since December 2020. During his farewell address, Dennis highlighted the strengthening of trade and technological partnerships between the UK and Taiwan as the hallmark of his time in office.
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.
CES 2025, set to launch on January 7 in the US, promises to be one of the largest tech gatherings in recent years. During a pre-show press conference on January 5, Consumer Technology Association (CTA) President Kinsey Fabrizio and CEO Gary Shapiro unveiled the event's highlights.
Taiwan's renewable energy ambitions face setbacks amid a government transition and policy disputes. President Lai Ching-te's "Energy Transition 2.0" aims for diversification, but solar and offshore wind projects lag behind expectations. Geothermal, hydrogen, and small hydropower initiatives advance at a crawl, casting doubt on 2025 targets.
Hanwha Qcells, a subsidiary of Hanwha Solutions, has secured a US$1.45 billion low-interest loan to accelerate the development of its integrated Solar Hub in Georgia, the US. The investment strengthens US energy independence, challenges China's renewable energy dominance, and aligns with global net-zero goals under the Paris Agreement.
The global solar energy landscape enters 2025 with seismic shifts as the US tightens trade measures against Southeast Asia and China's dominance in N-type TOPCon technology sparks supply chain turmoil. Despite efforts to diversify, Chinese manufacturers still control over 85% of global solar demand, reinforcing their position amid geopolitical tensions.
Sekisui Chemical is set to acquire Sharp's Sakai facility in Osaka to construct a new factory for next-generation perovskite solar cells. Sekisui plans to form a new solar cell company in partnership with the Development Bank of Japan, investing a total of JPY314.5 billion (US$2 billion) by 2030.
Following Northvolt's bankruptcy filing, Volvo is exploring new battery partnerships in South Korea to advance the construction of the NOVO Energy battery plant.
Following Donald Trump's election, the US-China trade war appeared to be entering a new phase with Trump's announcement in late November of additional tariffs on China, Mexico, and Canada, a move reminiscent of his "Tariff Man" persona.
