Taiwan Financial Media Chairman Xie Jinhe stated that with international giants like NVIDIA, Amazon demonstrating increased investment in Taiwan and utilizing green energy, he is optimistic about Taiwan’s clean energy industry thriving for the next 20 years.
In a Facebook post, Xie Jinhe shared that during his recent green energy inspection in Taiwan, besides witnessing the efforts of businesses overcoming challenges through tireless hard work, he was also impressed by the vibrant scenes along the coastal highway from Da’an Outer Sea in Taichung to Tainan.
Xie Jinhe described the vast landscape dominated by onshore wind turbines and solar panels along the Taiwanese coastline as a true testament to the saying “seeing is believing.” From Changhua Coastal Industrial Park, Wangong, Fangyuan, Taisi, Mailiao, all the way to Beimen and Qigu in Tainan, such scenes were abundant.
During his participation in the 2024 Taipei International Computer Show (COMPUTEX), NVIDIA CEO Huang Renxun’s visit to Taiwan stirred up a flurry of activities, from throwing the first pitch at a baseball game, enjoying street food at night markets to hosting private banquets, drawing media and crowds wherever he went. Before leaving, Huang Renxun agreed to revisit Taiwan before the year ends.
Xie Jinhe remarked that Huang Renxun’s visit has solidified Taiwan’s position as an AI hub, indirectly decreasing Taiwan’s political and geopolitical risks. The Taipei Computex show has further elevated Taiwan’s global status. Furthermore, with Amazon’s recent announcement of investing billions of US dollars in setting up data centers in Taiwan over the next 15 years and committing to using green energy entirely, it signals a promising future for Taiwan’s green energy industry for decades to come.
Xie Jinhe mentioned that Clouded Leopard’s unveiling of collaboration with NVIDIA has highlighted the necessity for NVIDIA to secure green energy in Taiwan. With more and more international powerhouses increasing their investments in Taiwan and finding green energy sources on Taiwanese soil, this industry is set to expand continuously. Next in line will be offshore floating solar panels and floating wind farms.
Taiwan’s Premier Su Tseng-chang stated recently that in the past few years, Taiwan’s development of green energy has attracted many international companies to set up data centers and manufacturing plants in Taiwan, with a requirement to use green energy. Without the progress in green energy in recent years, attracting these companies to Taiwan would have been impossible. He called for collective support for diversified green energy development to ensure stable power supply.
Taiwan’s Vice Premier Shen Rong-jun mentioned that the government will push for a second phase of energy transition to ensure stable power supply. The government will accelerate the development of diversified green energy and green energy integration measures, in addition to deep energy conservation and building energy storage systems. She emphasized that promoting diversified green energy is a core strategy for the government. Regarding Taiwan’s nuclear waste disposal challenge, she said, “A solution for nuclear waste disposal must be in place before responsibly using such energy sources.”
Xie Jinhe raised the question, does Taiwan suffer from power shortages? This has been a frequently debated topic among politicians. The dependency on coal and natural gas for power generation is expected to decrease, while nuclear power still has unresolved issues. Taiwan can wait for updated nuclear power generation technology, but in the realm of wind and solar power generation, this is a visible trend that everyone can anticipate. Many businesses will flourish in this sector.