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...says Taiwan must transform itself again to ensure its future growth - and he's leading the charge. In June, he reclaimed TSMC's CEO post four years after relinquishing the job - even though he is 78 years old - with the goal of taking the firm into new industries, possibly solar panels and energy-saving LED lighting. "The next transformation is going to be something that requires ideas, innovation," Chang says. "My basic concern with Taiwan is that the country needs a lot of reforms...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...FRANCISCO, Calif.—This summer I'm interning at the San Francisco offices of a Chinese solar panel company, which by some measures is the biggest manufacturer of solar photovoltaic panels in the world. For a couple years I have avidly followed the course of climate legislation in the United States as well as in the international community, but getting to watch that debate unfold from within the "green economy" bubble has been an eye-opening experience, made all the more interesting by the fact that my employer is Chinese. In brief, the last couple of months have...

Author: By Clay A. Dumas | Title: Falling Behind | 7/27/2009 | See Source »

...currently trails Japan, Europe, and China in the number of top renewable energy companies. America currently ranks third behind Germany and Japan in installed solar capacity, and is first by a slim margin in installed wind capacity, ahead of Germany, a country with less than a third of our population. The American Clean Energy and Security act (ACES), the federal climate and energy legislation under consideration this summer, which has cleared the House, but is likely to be watered down, if it ever passes the Senate, would aim for between 12 and 15 percent renewable energy by 2020. If other...

Author: By Clay A. Dumas | Title: Falling Behind | 7/27/2009 | See Source »

...carbon caps, stands poised to seriously outpace us in the global renewable energy market. The Chinese are actively pursuing a beefed up version of what Republicans like to call an all-of-the-above energy policy. Yes, plenty of coal-fired power plants, but also generous emphasis on wind, solar, and nuclear. It appears as though China will have little difficulty surpassing its 15 percent renewable energy target by 2020, and will end up closer to 18 percent—between three and six percent more than the U.S. To give just one example, the so-called "Three Gorges...

Author: By Clay A. Dumas | Title: Falling Behind | 7/27/2009 | See Source »

...Maini, who as a student at the University of Michigan in 1990 built a solar-powered electric car, says he aims to "sell at price parity with conventional cars," a goal that will be easier to reach if production and sales volumes are increased...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

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