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Jun 19, 14:10
US solar energy firms lay low as Trump's 'big beautiful bill' sweeps through
The US Senate has proposed a complete phase-out of tax credits for solar and wind energy, as part of amendments to Donald Trump's proposed "One Big Beautiful Bill Act." However, as renewable energy industry insiders point out, most US-based manufacturers have paused operations since Trump returned to office, adopting a wait-and-see approach amid ongoing uncertainties.
Hot melt adhesives maker Nan Pao Resins Chemical Group is transitioning its product line from conventional solvent-based adhesives to water-based products, as part of the company's sustainability efforts. The company has established 28 facilities across seven regions worldwide to ensure proximity with its clients, since adhesives must be tailored to the specific manufacturing needs of each plant. By developing new eco-friendly products, Nan Pao has managed to both increase its unit prices and secure new orders, and has thus maintained a growth trajectory even as most shoe brands reduce production.
Taiwan's Ministry of Economic Affairs (MOEA) plans to expand subsidization to behind-the-meter (BTM) energy storage systems in a bid to encourage the adoption of locally made battery cores.
Behind-the-meter (BTM) systems have become the next main focus as Taiwan's energy storage policies transition into the next phase, with the Ministry of Economic Affairs (MOEA) now expected to introduce subsidies. Although the industry is generally acceptive of these policies, concerns remain regarding the comprehensiveness and feasibility of these measures, with fears that a lack of clear, long-term planning may lead to a repeat of the chaos when front-of-the-meter (FTM) systems were first promoted.
Leadership succession has become an inescapable issue for Taiwan's corporate giants. At Foxconn, the world's largest electronics manufacturer, the spotlight has shifted from pure technological transformation to a more deliberate and strategic recalibration of executive leadership.
Powin, once a major player in the global energy storage market and a fierce competitor to Tesla and Fluence, has recently filed for bankruptcy under Chapter 11 of the US Bankruptcy Code at the District Court for the District of New Jersey
Semiconductor materials and solar module supplier Win Win Precision Technology has signed a memorandum of understanding (MoU) with Runergy PV Technology Thailand, aiming to develop an advanced version of high-density solar modules specifically for Taiwan's nearshore and aquaculture areas.
Taiwan's first offshore wind farm project with a total installed capacity exceeding 1GW has started delivering electricity to the national power grid.
At the 18th SNEC International Solar Energy and Smart Energy Conference held in Shanghai on June 10, 2025, global solar enterprises gathered to discuss the industry's future. However, behind the bustling exhibition, China's solar industry is confronting its most severe structural crisis to date.
In the US, local government incentive programs for business attraction primarily hinge on factors such as the number of jobs created, salaries, duration, and capital investment amounts. In recent years, economic development strategies across various states have evolved from generic incentives to more focused, strategic approaches closely aligned with national objectives.
Following its 2024 acquisition of a local photovoltaic and energy storage project in the Philippines, ATE Energy recently secured two renewable energy bidding projects from the Philippine government, marking another milestone in advancing its presence in the country's renewable energy sector.
Buima told shareholders at its annual meeting Wednesday that the company will focus on cost reduction and efficiency gains while expanding its green energy operations internationally as it works to emerge from a business downturn.