The Ministry of Economic Affairs yesterday announced the establishment of a special zone for solar power developers at the Changhua Coastal Industrial Park (彰濱工業區), as part of the government’s plan to promote renewable energy.
With an installed power capacity of 320 megawatts, the 347-hectare site would be the nation’s largest solar power station, generating up to 436 million kilowatt-hours (kWh) on an annual basis.
The zone would help reduce carbon dioxide emissions by 230,000 tonnes per year, the ministry said in a statement.
The solar power facility has received nearly NT$16.3 billion (US$534.15 million) in total investment from Taiwanese firms, it said.
Three local companies — Chenya Energy Co (辰亞), Yeheng Energy (曄恆能源) and a major subsidiary of Taiwan Solar Energy Corp (TSEC, 元晶太陽能) — were awarded the right to build the special zone, it said.
The project is part of the government’s two-year plan to boost the nation’s solar capacity to 1.52 gigawatts, the ministry said.
Speaking at the launch ceremony, Deputy Minister of Economic Affairs Tseng Wen-sheng (曾文生) said the solar site featuring floating solar power plants would become a new landmark in Changhua County.
Tseng urged the central and local government to work together to complete the power plant as soon as possible.
The special zone could help ease the nation’s power shortage during the peak season of electricity consumption, Chinese-language media quoted TSEC chairman Ellick Liao (廖國榮) as saying in Changhua.
The project could also improve power self-sufficiency in the nation, Liao said, adding that Taiwan is an energy-dependent nation that imports nearly most of its fuel.
Changhua, widely seen as the nation’s emerging green hub, has also attracted offshore wind farm investments in recent years.
Shares in Taiwan closed at a new high yesterday, the first trading day of the new year, as contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) continued to break records amid an artificial intelligence (AI) boom, dealers said. The TAIEX closed up 386.21 points, or 1.33 percent, at 29,349.81, with turnover totaling NT$648.844 billion (US$20.65 billion). “Judging from a stronger Taiwan dollar against the US dollar, I think foreign institutional investors returned from the holidays and brought funds into the local market,” Concord Securities Co (康和證券) analyst Kerry Huang (黃志祺) said. “Foreign investors just rebuilt their positions with TSMC as their top target,
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
H200 CHIPS: A source said that Nvidia has asked the Taiwanese company to begin production of additional chips and work is expected to start in the second quarter Nvidia Corp is scrambling to meet demand for its H200 artificial intelligence (AI) chips from Chinese technology companies and has approached contract manufacturer Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to ramp up production, sources said. Chinese technology companies have placed orders for more than 2 million H200 chips for this year, while Nvidia holds just 700,000 units in stock, two of the people said. The exact additional volume Nvidia intends to order from TSMC remains unclear, they said. A third source said that Nvidia has asked TSMC to begin production of the additional chips and work is expected to start in the second
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”
RSS