Latest News
Latest News
Featured news
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
-
OMNI Features｜Saudi Arabia and Greece Form SPV for Interconnection Project / Siemens Gamesa Awards First SOV Contract in Asia to Cyan Renewables / Germany Researchers Create Green Steel From Toxic Red Mud
Feb. 16 2024
OMNI Features｜Saudi Arabia and Greece Form SPV for Interconnection Project / Siemens Gamesa Awards First SOV Contract in Asia to Cyan Renewables / Germany Researchers Create Green Steel From Toxic Red Mud
Saudia Arabia and Greece established a special purpose vehicle (SPV), Saudi Greek Interconnection, to lead the feasibility study for the two countries' electricity interconnection. In a statement, Greece's Independent Power Transmission Operator (IPTO) and Saudi Arabia's National Grid said they will both hold a 50% stake in Saudi Greek Interconnection. The special purpose firm will be overseen by the markets' respective energy ministries.
-
OMNI Features｜Greenland Glacier Melting Covered by Vegetation / Republic of Cyprus Approves 2024 Green Shipping Incentives / Digital Transformation: Taoyuan WSD Pioneers Low-carbon Review Mode
Feb. 16 2024
OMNI Features｜Greenland Glacier Melting Covered by Vegetation / Republic of Cyprus Approves 2024 Green Shipping Incentives / Digital Transformation: Taoyuan WSD Pioneers Low-carbon Review Mode
According to CNN reports, over the past 30 years, glaciers in Greenland have been rapidly disappearing and swiftly replaced by green vegetation, forming wetlands and marshes. These environmental changes are expected to have severe consequences on global warming and rising sea levels.
-
OMNI Features｜ADB Approves OSW Fund for Philippines to Conduct Feasibility Studies on Port / WindFloat Atlantic Exceeds Expectations Well Ahead / India's ONGC Signed Offshore Wind Joint Venture with NGEL
Feb. 15 2024
OMNI Features｜ADB Approves OSW Fund for Philippines to Conduct Feasibility Studies on Port / WindFloat Atlantic Exceeds Expectations Well Ahead / India's ONGC Signed Offshore Wind Joint Venture with NGEL
The Asian Development Bank (ADB) has approved a $400,000 fund for the Philippines to conduct studies on offshore wind (OSW) ports as the government aims to reduce carbon emissions by 75 percent by 2030.
-
OMNI Features｜TotalEnergie, GTT, LMG Marin and BUREAU VERITAS announced a JDP of large liquefied hydrogen vessel With capacity 120 times more than the only carrier built to date / Microsoft signs PPA with Recurrent Energy for US PV project 127MW
Feb. 11 2024
OMNI Features｜TotalEnergie, GTT, LMG Marin and BUREAU VERITAS announced a JDP of large liquefied hydrogen vessel With capacity 120 times more than the only carrier built to date / Microsoft signs PPA with Recurrent Energy for US PV project 127MW
GTT, TotalEnergies, LMG Marin and Bureau Veritas announced the success of their Joint Development Project (JDP), which resulted in two Approvals in Principle (AIP) from Bureau Veritas in building liquefied hydrogen carrier. Bureau Veritas has approved the concept design for both the vessel and the cryogenic containment system to store the liquefied H2, which requires temperatures below minus 253°C to remain liquid. With 150,000 cubic metres of storage capacity (equivalent to 10,500 tonnes), the nearly 290-metre vessel would be able to carry 120 times more hydrogen by volume than the Suiso Frontier
-
OMNI Features｜Japan eyes expanding offshore wind beyond territorial waters to EEZ / Czech government intends to expands nuclear power tender
Feb. 10 2024
OMNI Features｜Japan eyes expanding offshore wind beyond territorial waters to EEZ / Czech government intends to expands nuclear power tender
Japan is preparing to allow offshore wind farms beyond its territorial waters in its much larger exclusive economic zone, with a more involved approval process that will require companies to secure consent from local interests such as fishing operations before they build. The proposed change would open up as much as 10 times as large an area for wind projects. Japan's territorial waters (the area up to 12 nautical miles from the coast) span 430,000 sq. kilometers, according to the Japan Coast Guard. The exclusive economic zone, which extends 200 nautical miles beyond that border, encompass about 4.47 million sq. km, considering the sixth-largest such area in the world.
-
Vena Energy and Amazon together announced the commercial operations for the 125MW Amazon Solar Project Australia – Wandoan
Feb. 09 2024
Vena Energy and Amazon together announced the commercial operations for the 125MW Amazon Solar Project Australia – Wandoan
Vena Energy and Amazon together announced the commercial operations on 7th for the Amazon Solar Project Australia – Wandoan, built, owned, and operated by Vena Energy. With a capacity of 125 MW, more than 250,000 solar panels have installed, generating clean renewable energy to power over 60,000 Australian homes annually.
-
OMNI Features｜Sweden and Norway Jointly Promote Hydrogen-Powered Aviation / EU Proposes 90% Carbon Reduction Target by 2040, Identifies Decarbonization Technology as Key / Taipei City Implements Three Strategies to Reduce Carbon Emissions, With a Focus on New Buildings
Feb. 08 2024
OMNI Features｜Sweden and Norway Jointly Promote Hydrogen-Powered Aviation / EU Proposes 90% Carbon Reduction Target by 2040, Identifies Decarbonization Technology as Key / Taipei City Implements Three Strategies to Reduce Carbon Emissions, With a Focus on New Buildings
According to reports from Norwegian Broadcasting Corporation, Avinor AS, the state-owned airport operator in Norway, along with Swedavia, the airport operator in Sweden, Scandinavian Airlines (SAS), Airbus SE from France, and Swedish energy company Vatenfall AB, have jointly signed a cooperation agreement called "Hydrogen-powered Aviation." The agreement aims to develop hydrogen fuel infrastructure at airports in Norway and Sweden, enhancing both countries' capabilities for operating hydrogen-powered aircraft and establishing related hydrogen airport infrastructure.
-
The Indian Government Invites Bids for Large Offshore Wind Projects
Feb. 07 2024
The Indian Government Invites Bids for Large Offshore Wind Projects
The government has invited bids for the development of offshore wind energy with a total capacity of 4 gigawatts (GW). This comes after Union Finance Minister Nirmala Sitharaman announced in her Budget speech on February 1 that the government has decided to offer viability gap funding (VGF) for offshore wind projects up to 1 GW.
-
Ministry of Environment announce that the preliminary review of EIA regarding offshore wind will change into a two-stage scheme
Feb. 06 2024
Ministry of Environment announce that the preliminary review of EIA regarding offshore wind will change into a two-stage scheme
According to the Ministry of Environment it was originally planned that offshore wind developers in Phase 3 would need to obtain permits after passing the preliminary review of environmental impact assessment (EIA), but as a result, there were many duplicate sites and repeated review process by the EIA committee. In order to speed up the operation and improve the quality of the reviewing, the Ministry of Environment plans to change the preliminary review of EIA regarding the offshore wind into a two-stage scheme.
