News

Small Modular Nuclear Joins In on the Diversified Methods of Hydrogen Production

published: 2021-01-13 18:30
The electrolyzed hydrogen production method through renewable energy is also known as green hydrogen, whereas hydrogen refined from natural gas is called grey hydrogen, so what is hydrogen paired with nuclear energy referred to as? NuScale Power has recently proposed a brand new solution for hydrogen production, and pointed out that its autonomous small modular nuclear reactor NPM (NuScale Power Module) is able to produce 50 tons of hydrogen fuel under high economic efficiency per day. ...  more

Australia Enjoyed Fruitful Harvest in Rooftop Solar Energy during 2020, Followed with Rising Fire Incidents

published: 2021-01-13 17:12
2020 saw a fruitful harvest in rooftop solar for Australia, where the installed capacity from the first 9 months had exceeded that of any previous year, and now 1/4 of the houses in the country are installed with rooftop solar panels. However, the increasing number of users comes with comparatively rising incidents. As discovered by the Fire and Rescue NSW, a period of three months during the second half of 2020 alone had 30 fire incidents derived from solar panels. ...  more

South Korea Still Has Strong Demand for PV Products from China Despite Having Well-Known Domestic Solar Enterprises

published: 2021-01-12 18:30
Moon Jae-in, the current President of South Korea, has promised that renewables will account for 20% of the country’s energy mix by 2030. A key plank of the strategy for reaching this target is fostering the development of local solar enterprises and PV power stations. However, a recent report from the Korea International Trade Association (KITA) states that South Korea’s solar market still depends heavily on imports from China. ...  more

US Department of Energy Subsidizes the Development of Yet Another 5 Advanced Nuclear Reactors

published: 2021-01-11 18:30
As the times change, the nuclear power plants that are currently in service are gradually depleting, and with the increasing emphases on nuclear safety around the world, the placement of additional efforts on green energy, or turning into the development of smaller and safer advanced nuclear reactors, has become the mainstream trend. The US Department of Energy has recently announced its support on the development of 5 advanced nuclear reactors, and will be subsidizing a total fund of US$600 million for the next 7 years. ...  more

American Firm Says It Has Turned CO2 into a Renewable Fuel That Could Revolutionize Aviation Industry

published: 2021-01-11 18:30
The COVID-19 has radically changed how people live, work, and travel on a global scale. Aviation is one of many industries that have experienced an unprecedented decline due to this black swan event. Industry analysts have estimated that the global air passenger traffic registered a record-breaking decline of 60% YoY for 2020. While a recovery is expected, the pre-pandemic level will not return until 2024. ...  more

Orsted’s Greater Changhua South East Offshore Wind Farm Attracts New Investors for Additional Investment of NTD$75 billion

published: 2021-01-08 18:30
Orsted announced on Dec 29th that the 605MW Greater Changhua South East Offshore Wind Farm will be incorporating with new investment, for which the joint venture formed with the global institutional investor CDPQ (Caisse de dépôt et placement du Québec) and Cathay PE of Taiwan will obtain 50% of shares for the particular wind farm, with a total investment of NTD$75 billion. ...  more

South Korean Nuclear Fusion Transcends World Record By Maintaining 20 Seconds Under 100 Million Degrees for Its Artificial Sun

published: 2021-01-07 18:30
Constructing a power plant that is on par with the energy of a star has been the milestone pursued by scientists all around the world, and South Korean nuclear fusion reactor KSTAR, known as the “Sun of Korea”, has taken a major stride forward recently by having managed to maintain the 100 million degrees of the plasma for 20 seconds, which is now the world record. ...  more

Bullish on Solar Demand, TSEC Invests NT$700 Million to Build a Production Line for Large-Size PV Cells

published: 2021-01-07 18:30
TSEC, which is a major Taiwan-based manufacturer of PV products, announced that it will be investing NT$700 million to set up a production line for large-size PV cells at its manufacturing base in Hsinchu. Building up the production capacity for large-size PV cells will enhance TSEC’s competitiveness, as the company is banking on the continuing demand growth in the domestic and overseas markets. Once the new production line is up and running, Taiwan’s solar sector will be able to offer next-generation PV cells based on wafers sized 10 to 12 inches. ...  more