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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The Malaysian government urges solar companies to seek alternative markets amid new US tariffs affecting Malaysia, Cambodia, Thailand, and Vietnam amid US tariff uncertainties.
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.
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.
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.