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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.
News report
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Catenation International's Patented Liquid Distributor Raises CO₂ Capture Efficiency Above 90%
May. 15 2026
Catenation International's Patented Liquid Distributor Raises CO₂ Capture Efficiency Above 90%
Catenation International Co., Ltd., an engineering company based in Kaohsiung, Taiwan, has achieved a significant advancement in Carbon Capture, Utilization and Storage (CCUS) technology through its patented liquid distributor for carbon dioxide absorber towers. By optimizing the tower's internal components, the technology increases carbon capture efficiency from the conventional 60–70% range to more than 90%.
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HDRE Marks 10th Anniversary by Targeting AI Computing Power-Driven Electricity Demand Opportunities, Building Next-Stage Growth Momentum Through a Five-Tier Strategy
May. 14 2026
HDRE Marks 10th Anniversary by Targeting AI Computing Power-Driven Electricity Demand Opportunities, Building Next-Stage Growth Momentum Through a Five-Tier Strategy
HD Renewable Energy (HDRE) held its 10th anniversary exhibition on the 13th, Its 10th anniversary exhibition features 5 themes: development and engineering, asset management, smart power services, international power trading. HDRE's five-layer growth framework covers manufacturing, equipment, assets, services, and markets.
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Taiwan and UK Deepen Cooperation on Industrial Decarbonization and Net-Zero Transition
May. 13 2026
Taiwan and UK Deepen Cooperation on Industrial Decarbonization and Net-Zero Transition
To deepen the Taiwan–UK climate partnership, the British Office Taipei and Taiwan's Ministry of Environment (MOENV) jointly hosted the "2026 Taiwan–UK Industrial Decarbonization Workshop" on May 12th, bringing together experts from both sides for in-depth dialogue on net-zero emissions reduction strategies.
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Ketjen Partners with Imubit to Introduce Real-Time Catalyst Intelligence for Refinery Operations
May. 13 2026
Ketjen Partners with Imubit to Introduce Real-Time Catalyst Intelligence for Refinery Operations
Ketjen, a provider of advanced catalyst solutions and technical expertise for the refining industry, announced a partnership with Imubit, an industrial AI software company, to give refiners real-time, actionable catalyst intelligence for fluid catalytic cracking (FCC) and hydroprocessing (HPC) units.
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Ørsted's Greater Changhua 1 & 2a Offshore Wind Farms Mark 2 Years of Commercial Operation, Surpassing 7 Billion kWh in Cumulative Power Generation
May. 12 2026
Ørsted's Greater Changhua 1 & 2a Offshore Wind Farms Mark 2 Years of Commercial Operation, Surpassing 7 Billion kWh in Cumulative Power Generation
Ørsted today (12 May) announced the second anniversary of commercial operations for the 900 MW Greater Changhua 1 & 2a offshore wind farms. Since full grid connection and completion in April 2024, the wind farms have generated more than 7 billion kWh of electricity cumulatively, equivalent to reducing approximately 3.31 million metric tons of carbon dioxide emissions. The projects have also achieved an outstanding safety milestone of more than 850,000 cumulative hours without a lost-time injury (LTI).
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Taiwan and Paraguay Sign 3 Cooperation Agreements to Deepen Cooperation in Justice, Cybersecurity and AI Infrastructure
May. 08 2026
Taiwan and Paraguay Sign 3 Cooperation Agreements to Deepen Cooperation in Justice, Cybersecurity and AI Infrastructure
Following a military welcome ceremony hosted by President Ching-Te Lai on the morning of the 8th for President Santiago Peña Palacios of the Republic of Paraguay, President Lai and Vice President Bi-khim Hsiao held bilateral talks with President Peña at the Presidential Office. The leaders also jointly witnessed the signing of 3 cooperation agreements: the Taiwan–Paraguay Treaty on Mutual Legal Assistance in Criminal Matters, an MOU on Cybersecurity Cooperation, and an MOU on the Paraguay–Taiwan Sovereign AI and Computing Infrastructure Investment Project.
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Skyborn Renewables Receives ESG Sustainability Award Black-faced Spoonbill Tracking Project Gains Further Recognition
May. 08 2026
Skyborn Renewables Receives ESG Sustainability Award Black-faced Spoonbill Tracking Project Gains Further Recognition
Skyborn Renewables announced today (8th) that, representing the Yunlin Offshore Wind Farm, it has been awarded the 2026 Global Views ESG Corporate Sustainability Award, which are one of Taiwan's most influential sustainability recognitions. This latest honour follows its earlier achievements in 2024, when it received both the Asia-Pacific Sustainability Action Award and the Taiwan Sustainability Action Award.
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MOEA and TEEMA Sign Overseas Industrial Cooperation MOU; Taiwanese Firms Signal U.S. Investment Intentions Totaling Approximately US$35 Billion
May. 07 2026
MOEA and TEEMA Sign Overseas Industrial Cooperation MOU; Taiwanese Firms Signal U.S. Investment Intentions Totaling Approximately US$35 Billion
Minister Kung also signed a MOU on jointly promoting the development of overseas industrial clusters with Chieh-Li Hsu, Vice Chairman of the "Taiwan Electrical and Electronic Manufacturers' Association" (TEEMA), to support and facilitate Taiwanese enterprises in expanding and investing in the United States.
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Siemens Energy AG Raises FY2026 Outlook on Strong Demand and Robust Q2 Performance
May. 06 2026
Siemens Energy AG Raises FY2026 Outlook on Strong Demand and Robust Q2 Performance
Siemens Energy AG has raised its fiscal year 2026 outlook following strong business momentum in the first half of the year and sustained global demand across key energy sectors. The company also released preliminary results for the second quarter of FY2026, highlighting significant growth in orders, profitability, and cash flow.
