News

Foxconn held an online year end celebration event today. In his speech, Foxconn Chairman Young Liu said that in 2021, Hon Hai set a new annual revenue record of NT$5.94 trillion, an increase of nearly 11% over the previous year. "Foxconn is undergoing a gorgeous transformation and attracting the gaze of the outside world. Foxconn has done well in 2021 and will do better this year!" ...  more

Foxconn announced today that it has signed a MoU with the Ministry of Investment (Indonesia), PT. Industri Baterai Indonesia (IBC), PT. Indika Energy, and Gogoro that focuses on the relevant industry chains for batteries and EVs in the hopes of developing a sustainable new energy ecological chain in Indonesia. ...  more

The storming issues regarding green energy and energy conservation have aroused a sizable wave in the NEV industry of various countries. KGI has thus joined hands with Wellington Management, one of the largest active asset management companies in the world, on releasing the KGI Future Mobility Fund, which was successfully declared on January 18th, and is expected to commence fundraising starting from March 1st. ...  more

NTPC announced on January 18 that it has been chosen by the Cuban government as the preferred partner for carrying out a 900MW PV project in Cuba. ...  more

Semiconductor material supplier TOPCO announced its combined revenue for December 2021 at a total of NT$4.27 billion, which is a MoM increase of 13.5% and a YoY improvement of 33.5%. The company attained a record NT$42.67 billion of accumulated revenue throughout 2021, a YoY increase of 18%. ...  more

Siemens announced that it has signed a letter of intent with Glory Technology Services, officially proclaiming the two parties as strategic partners. ...  more

High electricity prices in Europe are expected to ease. Bloomberg reported that China's largest liquid natural gas (LNG) supplier is preparing to supply natural gas to Europe, which is expected to ease the European fuel shortage. ...  more

On December 17, the New York State Energy Research and Development Authority (NYSERDA) released its whitepaper: “New York’s 10GW Distributed Solar Roadmap”. ...  more

Taiwan Power Company (TPC) announced yesterday (January 19th) that the “Organized Reduction in Power Consumption – Flexible Nighttime Reduction” measure will be pushed up from May to March. ...  more

Vietnam’s Ministry of Industry and Trade announced on January 10 that no new generation capacity based on solar PV and wind power will be incorporated into the country’s grid system during 2022 due to the existing infrastructure bottleneck. ...  more