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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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OMNI Features｜U.K. Hinkley Point C Nuclear Plant Hit by New Delay and Could Cost Up to £46bn / Tidal Transit Initiate World’s First Retrofit E-CTV / Sembcorp Awarded 450 MW Wind-Solar Hybrid Project in India
Jan. 29 2024
OMNI Features｜U.K. Hinkley Point C Nuclear Plant Hit by New Delay and Could Cost Up to £46bn / Tidal Transit Initiate World’s First Retrofit E-CTV / Sembcorp Awarded 450 MW Wind-Solar Hybrid Project in India
According to Financial Times, Britain's flagship Hinkley Point C nuclear plant has been delayed until 2029 at the earliest, with the cost spiraling to near £46bn. The surging bill and slipping schedule, announced on Tuesday by the French state-owned operator and constructor EDF (Electricite de France S.A., EDF), will put pressure on the UK government to provide extra financial support for the project.
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OMNI Features｜IEA: Renewable Energy to Surpass Coal in Global Power Generation Share by 2025 / Italy Incentivizes the Development of Renewable Energy Communities and Power Self-Sufficiency / CSCC's Graphite Carbon Microsphere Annual Production of 2,000 Tons Sold Worldwide
Jan. 26 2024
OMNI Features｜IEA: Renewable Energy to Surpass Coal in Global Power Generation Share by 2025 / Italy Incentivizes the Development of Renewable Energy Communities and Power Self-Sufficiency / CSCC's Graphite Carbon Microsphere Annual Production of 2,000 Tons Sold Worldwide
The International Energy Agency (IEA) stated on the 24th that it anticipates low-carbon sources to represent nearly half of global electricity generation by around 2026, up from less than 40% in 2023. Additionally, it is estimated that by early 2025, renewable energy will surpass coal in the total power generation share, accounting for over one-third.
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OMNI Features｜Leading Light Wind and Attentive Energy 2 Projects win New Jersey Offshore Wind Auction．EU Grid Operators Publish Offshore Network Development Plans
Jan. 25 2024
OMNI Features｜Leading Light Wind and Attentive Energy 2 Projects win New Jersey Offshore Wind Auction．EU Grid Operators Publish Offshore Network Development Plans
Invenergy and energyRe's Leading Light Wind project, which is one of two winners in New Jersey's latest solicitation. The 2.4GW offshore wind project will create an estimated 7500 jobs and $3.7bn in anticipated economic development benefits for the state, said its developers. Leading Light Wind and Attentive Energy 2 will deliver 3.7GW of offshore wind in New Jersey's offshore wind solicitation round. Attentive Energy 2 was developed by Corio Generation and TotalEnergies.
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OMNI Features｜Luxembourg Commences In-House Production of Solar Panels / Rise of Eco-Friendly Vehicles - UAE Pours $54 Billion to Transform into Green Hydrogen Hub / Historic Moment for Pingtung - Dawu Mountain Citizen Power Plant Cooperative Takes Root
Jan. 25 2024
OMNI Features｜Luxembourg Commences In-House Production of Solar Panels / Rise of Eco-Friendly Vehicles - UAE Pours $54 Billion to Transform into Green Hydrogen Hub / Historic Moment for Pingtung - Dawu Mountain Citizen Power Plant Cooperative Takes Root
Solarcells has commenced the production of solar panels in December 2023, as reported by the Luxembourg Times. The company is set to manufacture 40,000 solar panels annually, with ambitious plans to increase the output to 200,000 panels per year. Solarcells, established last year, is a collaborative effort between Luxembourg's Socom Group and Belgium's Evocells in the solar panel industry.
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OMNI Features｜UK Releases 1 Million Discounted Train Tickets for Eco-Friendly Travel / Norway Implements CCS Project by Clearing Sea Urchins / NDC: Highest Achievement Rate in 16 Years for Public Construction in 2023
Jan. 24 2024
OMNI Features｜UK Releases 1 Million Discounted Train Tickets for Eco-Friendly Travel / Norway Implements CCS Project by Clearing Sea Urchins / NDC: Highest Achievement Rate in 16 Years for Public Construction in 2023
The Department for Transport announces the release of over 1 million discounted train tickets available for purchase through the Great Britain Rail Sale from January 23 to 29, 2024. These tickets are applicable for journeys within England, Wales, and Scotland from January 30 to March 15, 2024. This initiative is part of the UK government's efforts to reduce living costs while promoting tourism and encouraging environmentally friendly travel.
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OMNI Features｜Norvento Enerxía Will Design a Prototype of Recyclable Wind Turbine Blade in the Framework of the European EOLIAN Consortium．NKT Finalizes the Power Cable Project for The Viking Link Interconnector
Jan. 23 2024
OMNI Features｜Norvento Enerxía Will Design a Prototype of Recyclable Wind Turbine Blade in the Framework of the European EOLIAN Consortium．NKT Finalizes the Power Cable Project for The Viking Link Interconnector
(1) The EOLIAN project has a total funding of 4 million euros from the European Union.
(2) The main objective of this initiative is to develop a prototype of a sustainable blade with improved durability and easy maintenance.
(3) Norvento Enerxía will be responsible for the design and manufacture of 2 blade prototypes, focused on testing the suitability of the technologies and materials used.
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Strong Northeast Monsoon in Taiwan - Wind Power Instantaneous Generation Surpasses 2 GW
Jan. 23 2024
Strong Northeast Monsoon in Taiwan - Wind Power Instantaneous Generation Surpasses 2 GW
Recently, the strengthening of the northeast monsoon has bolstered wind power generation. Taipower announces that the instantaneous wind power generation has surpassed the 2 GW milestone for the first time since Sunday (21st). The peak, recorded at 16:22 on 21st, reached 203.7 MW, setting a new historical high, almost equivalent to the total output of four Hsinda coal-fired units. Most of the time, it maintained an output of over 190 MW, generating approximately 2 million kilowatt-hours in an hour, supplying the daily electricity needs of nearly 200,000 households.
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OMNIFeatures｜Crisis in the European Solar Industry / EP Strengthens Product Labeling to Combat Greenwashing / CPC Advances "Mobile Hydrogen Refueling Station Installation and Demonstration Operation" Project / Floating Offshore Wind Farm Demonstration Planning Public Hearing on January 26, 2024
Jan. 23 2024
OMNIFeatures｜Crisis in the European Solar Industry / EP Strengthens Product Labeling to Combat Greenwashing / CPC Advances "Mobile Hydrogen Refueling Station Installation and Demonstration Operation" Project / Floating Offshore Wind Farm Demonstration Planning Public Hearing on January 26, 2024
Despite the ambitious climate goals set by the EU, the domestic solar industry is failing to thrive. Instead, the European solar sector is facing its most severe crisis in over a decade. The intense competition from products imported from mainland China is weakening local solar manufacturing, diminishing Europe's hopes for energy autonomy.
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Taipower Inaugurated the 60 MW Longtan Energy Storage System to Enhance Grid Resilience
Jan. 23 2024
Taipower Inaugurated the 60 MW Longtan Energy Storage System to Enhance Grid Resilience
Taipower has constructed the Longtan Energy Storage System to enhance grid resilience, tripling the existing capacity to 60 MW. Transforming the substation into an energy storage hub, the "Grid Empowerment, Resilience Forever" ceremony was held today. Taipower highlights the system's ability for rapid charge and discharge, aiding the integration of renewable energy into the grid's frequency regulation. It can also seamlessly collaborate with existing units, immediately providing stable power during unforeseen events and enhancing power system stability and flexibility.
