The annual Energy Taiwan trade show is expected to see a 20 percent increase in procurement compared to last year, Taiwan External Trade Development Council (TAITRA) chairman James Huang (黃志芳) said yesterday.
Organized by TAITRA and the Green Energy and Sustainability Alliance (GESA), the Energy Taiwan exhibition, held jointly with Net-Zero Taiwan this year, opened yesterday at Taipei Nangang Exhibition Center.
It is Taiwan’s largest platform promoting renewable energy and for information-sharing on net-zero related topics, including carbon reduction and green finance, as the world pushes for net-zero carbon emissions.
Photo: CNA
It also features business opportunities and according to Huang, TAITRA has organized 70 procurement forums for this year’s exhibition.
Attending the exhibition, President Tsai Ing-wen (蔡英 文) said Taiwan’s combined storage of solar and wind energy has reached 13.9 gigawatt (GW), seven times the level in 2016, adding that combined instantaneous power generation reached a record high of 8GW in early this month.
Meanwhile, Huang said at the opening that now is a key time to reduce the impact of climate change, so future generations will have a cleaner environment brought by affordable and stable renewable energy production created through collaboration between the government, private sector and academic institutions.
According to TAITRA president and CEO Simon Wang (王熙蒙), among the 350 participating companies, 20 percent are first-time participants, showing the growing potential of the energy industry.
Wang added that quite a few European companies from the UK, the Netherlands and Sweden are also participating in this year’s event.
Taiwan Cement Corp (TCC, 台灣水泥), one of the first-time participating companies, showcased its energy storage product “Energy Ark,” the world’s first ultra-high-performance concrete (UHPC) energy storage cabinet.
TCC chairman Nelson Chang (張安平) said while normally it is very difficult to put out a fire caused by batteries in an energy storage cabinet catching fire, Energy Ark contains a system that lowers battery temperature in just five minutes, which avoids the risk of all batteries and boards catching fire, hence ensuring safe energy storage.
In addition, TCC announced yesterday that it has issued global depositary receipts (GDR) valued at around US$385 million and green overseas convertible bonds worth US$420 million.
The joint exhibition is divided into five sections: net-zero, wind energy, photovoltaic, smart storage and emerging power. It takes place at Taipei Nangang Exhibition Center’s Hall 1 and runs through tomorrow.
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