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Global Wind Giants Include Equinor Exit South Korea as Costs Soar and Permits Stall
Jun. 06 2026
Global Wind Giants Include Equinor Exit South Korea as Costs Soar and Permits Stall
Global offshore wind developers are increasingly scaling back or exiting South Korea as rising costs, financing challenges, and complex regulatory requirements undermine project viability. Norway's Equinor recently decided to halt its 750 MW Firefly (Bandibuli) floating offshore wind farm off Ulsan (울산 반딧불 부유식 해상풍력 발전소, 반딧불부유식해상풍력) , a project valued at approximately KRW 6 trillion and regarded as the world's largest single floating offshore wind farm.
Executive Yuan: Taiwan Classified Among Lower-Risk Economies in U.S. Section 301 Forced Labor Import Investigation
Jun. 05 2026
Executive Yuan: Taiwan Classified Among Lower-Risk Economies in U.S. Section 301 Forced Labor Import Investigation
The Ministry of Economic Affairs (MOEA) announced on June 3 that, according to the findings of the Office of the United States Trade Representative (USTR) under its Section 301 investigation concerning import prohibitions on goods produced with forced labor, Taiwan has been designated as one of 14 economies assessed as presenting a relatively lower level of risk. As a result, the USTR has proposed an additional 10% tariff on Taiwan, compared with the proposed 12.5% tariff on other economies.
Taipower's Electricity Carbon Emission Factor Drops to 0.467 kg CO₂e/kWh; MOEA Reports Progress in Energy Transition
Jun. 03 2026
Taipower's Electricity Carbon Emission Factor Drops to 0.467 kg CO₂e/kWh; MOEA Reports Progress in Energy Transition
The Energy Administration under the Ministry of Economic Affairs (MOEA) announced on June 2 that the 2025 electricity carbon emission factor for public electricity retailers has decreased to 0.467 kg CO₂e/kWh, representing a 1.5% reduction from 2024 and an overall decline of approximately 12% compared with 2016.
MOEA AI X Innovation Pavilion Opens at InnoVEX, Featuring Award-Winning AI Technologies and Emerging Startups
Jun. 02 2026
MOEA AI X Innovation Pavilion Opens at InnoVEX, Featuring Award-Winning AI Technologies and Emerging Startups
On, 2nd June, the Ministry of Economic Affairs (MOEA) Department of Industrial Technology opened the AI X Innovation Pavilion at InnoVEX, showcasing 31 cutting-edge technologies spanning smart machinery, communications, green energy, semiconductors, biotechnology, and medical devices. The exhibition features achievements from the TREE Program (Taiwan Research-Institute Advanced Technology Entrepreneur Ecosystem Program, TREE) and winners of the "2026 Best AI Awards", highlighting Taiwan's growing strength in AI innovation and cross-sector applications.
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MOEA and MOJ Co-Host 2025 Green Safety and Transparency Leadership Forum to Advance Solar Power Disclosure and Strengthen Public Trust
May. 27 2025
MOEA and MOJ Co-Host 2025 Green Safety and Transparency Leadership Forum to Advance Solar Power Disclosure and Strengthen Public Trust
To enhance information disclosure and social communication in the promotion of solar photovoltaic (PV) policy, the Ministry of Economic Affairs (MOEA) held the "2025 Green Safety Transparency Leadership – Solar Power Information Transparency Forum" on May 27, 2025, at the Taipower Company Auditorium. MOEA Minister Jyh-Huei Kuo and Minister Ming-chien Cheng of the Ministry of Justice(MOJ) attended and delivered opening remarks. The event brought together local governments, six major solar industry associations, solar energy companies, and NGOs to jointly launch the "Green Safety Transparency Leadership" initiative, symbolizing the official launch of the Solar Power Information Transparency Portal. This cross-sectoral information platform, based on renewable energy, reflects a shared vision between the government and the public for sustainable development.
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Taipower to Launch RE30 Product on June 1 Providing Low-Carbon Power to Support Global Expansion of Taiwanese Enterprises
May. 26 2025
Taipower to Launch RE30 Product on June 1 Providing Low-Carbon Power to Support Global Expansion of Taiwanese Enterprises
Taipower emphasizes that RE30 plays a role in providing timely support to the green electricity market. Based on the user's monthly electricity consumption, privately sourced green power will be prioritized, with RE30 used to fill the remaining gap up to 30%. For example, if a company purchases 1 million kWh of RE30 for one year (including 300,000 kWh of green power), this can meet its monthly electricity needs. If the company uses 100,000 kWh in a month and receives 10,000 kWh of green power from a private supplier, Taipower will supplement the remaining 20,000 kWh to help the company reach the 30% renewable energy usage target.
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Foxwell Power Outlines Two Core Principles for Private Equity Investment Targeting Scaled Revenue and Profit Growth
May. 21 2025
Foxwell Power Outlines Two Core Principles for Private Equity Investment Targeting Scaled Revenue and Profit Growth
On May 21, Foxwell Power held its 2025 Annual Shareholders' Meeting, during which all proposals were approved, including a cash dividend of NT$1 per share. The meeting also approved a plan to expand private placement capital increase, issuing up to 15 million shares to accelerate collaboration with strategic investors and strengthen working capital. This initiative follows the recent strategic partnership with Smart Power System Co. and marks the next phase of investment and acquisition plans.
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Taiwan in the Zero-Nuclear Era: Exploring the Potential and Role of Nuclear Fusion in Future Energy Strategy
May. 16 2025
Taiwan in the Zero-Nuclear Era: Exploring the Potential and Role of Nuclear Fusion in Future Energy Strategy
After Taiwan officially entered the "zero-nuclear power" era, nuclear fusion technology has emerged as a new focal point in the country's energy transition. In response to growing domestic and international attention on the development of new energy sources, the "2025 Nuclear Fusion Forum" was co-hosted by the Taiwan Institute for Sustainable Energy (TAISE), U.S.-based Alpha Ring, and the Taiwan Net Zero Emissions Association (TNZEA). The forum was grandly held on May 16 at the Chang Yung-Fa Foundation, drawing nearly 300 participants from the energy, academic, and industrial sectors.
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Japan's Behind-the-Meter Energy Storage Market Gains Momentum NextDrive Climbs to Third in National Rankings
May. 15 2025
Japan's Behind-the-Meter Energy Storage Market Gains Momentum NextDrive Climbs to Third in National Rankings
Japan's behind-the-meter (BTM) energy storage market is entering a period of policy-driven growth. With the support of government subsidies and rising residential demand, the market is rapidly heating up, and applications and distribution channels are expanding in parallel. Taiwan-based energy IoT platform provider NextDrive has capitalized on this trend with early strategic deployment. The company has established partnerships with leading Japanese residential energy storage brands, including Choshu Industry and Hanwha Japan, climbing to the third place in market share and aiming to challenge for the second by 2025.
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Go Net Zero & Go Green Forum：Industry and Government Unite to Advance from Pledges to Concrete Climate Action
May. 14 2025
Go Net Zero & Go Green Forum：Industry and Government Unite to Advance from Pledges to Concrete Climate Action
The 2025 United Nations Climate Change Conference (COP30) will convene in November in Belém, Brazil. COP30 president André Corrêa do Lago stressed that climate summits must move from words to real action. In response to such a vision and to promote action-oriented climate strategies, the Green Energy and Sustainability Alliance (GESA) under SEMI is hosting the "Go Net Zero & Go Green Forum" on May 14. With real actions at its core, the forum gathers state institutions, semiconductor giants, and key leaders from low-carbon energy and sustainable technologies to discuss sustainable power development, carbon management, green manufacturing, low-carbon technologies, SAF, water resource sustainability, and multiple sources of green energy. The forum explores in depth how Taiwan can accelerate substantive GHG reduction with policy and technology.
