News

First Floating Wind Farm, Formosa 5, Passes Preliminary Environmental Impact Review

published: 2022-07-12 9:30
The "Offshore Wind Power Taiwan Team", a joint venture established by SRE, Tienli Offshore Wind, Yeong Guan Energy, and J&V Energy, announced on the 8th that "Formosa 5 Offshore Wind Power" passed the preliminary review of the Environmental Protection Agency's task force, becoming the first floating wind farm to obtain third-stage block development qualification. ...  more

Subsidiary of GEM Raises Hundreds of Millions of Yuan for Development of Battery Recycling Business

published: 2022-07-12 9:30
The last section of the power battery industry chain is battery recycling and material recovery, and it has been attracting much attention lately. To capture the huge potential business opportunities in this section, GEM’s wholly-owned subsidiary “Wuhan Power Battery Regeneration Technology Co. Ltd.” is raising capital from strategic investors in order to build facilities for processing decommissioned batteries. GEM is a major Chinese supplier for battery materials. ...  more

Fluence Joins Hands with Rich Electric to Establish First 100MW Battery Energy Storage System in Taiwan

published: 2022-07-11 9:30
Energy storage supplier Fluence announced it would be joining hands with Taiwanese power conversion and energy storage company Rich Electric in engaging in TPC’s AFC auxiliary service by co-developing the first 100MW battery energy storage system in Taiwan, which is scheduled for completion in Hualien during 2023, and serves as one of the current largest energy storage AFC projects of Fluence in Taiwan. ...  more

The rise of the electric vehicle market, Taiwan's lithium-ion battery exports will increase significantly from January to May 2022

published: 2022-07-11 9:30
The spread of the pandemic has driven long-distance work opportunities and the demand for electric vehicles (EV) and energy storage systems has increased. The aforementioned reasons have led to an increase in Taiwan's lithium-ion battery exports. According to the Bureau of Foreign Trade of the MOEA, Taiwan's lithium battery exports from January to May 2022 increased significantly by 86.1%. ...  more

CNFI Leads Industry to Establish "Carbon Neutral Alliance" for 2050 Net Zero

published: 2022-07-08 9:30
In order to assist the industry in responding to international net zero emissions and the carbon management needs derived from the trend of green supply chain carbon reduction, the Chinese National Federation of Industries (CNFI) held the " Inaugural Industry Carbon Neutrality Alliance Conference" today (8) with a total of 30 industry associations to jointly declare a goal of moving towards net zero emissions by 2050 and establish a new carbon reduction model of "leading small with big." ...  more