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Taiwan -GE (NYSE: GE) today announced the launch of an open innovation challenge to call for ideas to address power challenges in Taiwan, in line with the government s goals to strengthen energy reliability and sustainability towards a low carbon future in the country. The challenge, in partnership with Taoyuan City Government and Taiwan Power Company, is GE s first in Asia, and will award over NT$1 million to the winning ideas that will target opportunities to increase electricity supply and decarbonize the power sector or reduce energy demand and consumption.
Taiwan ranked No. 57 in Climate Change Performance Index 2021 (CCPI 2021), which rated 61 countries, suggesting there is a lot of room for improvement in terms of offsetting greenhouse gases and introducing renewable energy. Says the Deputy Mayor of Taoyuan City, Gao An- Bang, Taoyuan City Government has spared no effort in bringing about energy transformation and green energy development. I would lik
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