Taiwan's first autonomous electric vehicles ETF was listed successfully on July 1st. The Cathay Securities Investment Trust had launched the "Cathay Global Autonomous Electric Vehicles ETF", and it began to officially trade on the Taiwan Stock Exchange (TWSE). On its first day of being listed, both the ETF's price and volume rose to record high levels. ...  more

In order to minimize the wind turbine’s wake effect and thereby raise the power generating efficiency of wind farms, some scientists have turned their sights towards controlling the angle of upstream turbines, to hopefully transform wind turbines into a mature industry. These scientists invented a system that can intelligently adjust the turbines’ yaw angle and pitch angle such that downstream turbines are not adversely affected by wake effects. ...  more

Taiwan's Office of the President will lead by example in its effort to reduce carbon emissions by buying pure electric vehicles from Tesla. Having won the latest tender to provide electric vehicles to the government, the company will send two of its Model 3 cars to the President. The Office of the President is the third government agency in Taiwan to buy Tesla's electric vehicles, after the Ministry of National Defense and Executive Yuan. ...  more

The cost of wind power will only continue to fall with the introduction of larger and more efficient wind turbines, as well as lower capitals and operating cost. According to the study of the Lawrence Berkeley National Laboratory (LBNL), the cost of wind power is expected to decrease by 17-35% in 2035, followed by another reduction of 37-49% in 2050. ...  more

Taiwan’s monsoons mean that offshore wind power installations can be carried out only six months every year. Unfortunately, the proliferation of the COVID-19 pandemic in 1H21 has delayed most of these installations. Taiwan’s MOEA (Ministry of Economic Affairs) subsequently declared that a total of 429 MW in wind power will likely be installed this year, with the shortfall in capacity to be compensated for by the end of 2022. ...  more

What is so special about the floating nuclear plant of Copenhagen startup Seaborg Technologies? This power plant that has a similar size to a container has a power generation capacity of 200MW, and is adopted with a highly secure nuclear reactor that is affordable, easy to transport, and can be modularized. The power plant can be mass produced into several thousands of units before they are installed on ships, which transcends from the usual impression of power plants. ...  more

Renewable energy news outlets reported in the middle of June that Meyer Burger, a Swiss provider of manufacturing equipment for PV products, has secured a €125 million loan from German financial institution Ostsächsische Sparkasse Dresden and a €60 million loan from another unnamed German financial institution to expand its production capacity. Meyer Burger has also revealed that it intends to build a new module production plant. The company currently has a cell production plant and a module production plant in Germany, and both facilities have just entered operation in the recent months. ...  more