Core Points - The Trump administration plans to cut billions in funding for energy projects following the U.S. government shutdown, including a project to upgrade transmission lines in California [1] - A consortium formed by the California Energy Commission and Southern California Edison received $600 million in federal funding last year for the transmission line upgrade aimed at accelerating clean energy adoption [1] - The U.S. Department of Energy announced plans to terminate funding for 223 projects, which is expected to save approximately $7.6 billion [1] - The funding cuts will affect projects in California and the Pacific Northwest, including hydrogen hubs [1] - The White House budget director indicated that funding for green projects has been reduced in Democratic-leaning states, while the Trump administration is taking a hardline approach to pressure Democrats to end the government shutdown that began on Wednesday [1]

Core Points - TSMC's board approved a new capital budget plan totaling approximately $20.6575 billion, primarily for advanced process capacity construction, advanced packaging, and facility engineering [2] - The total capital expenditure for TSMC in the first three quarters of the year has reached approximately $53.0466 billion [2] - TSMC reported consolidated revenue of approximately NT$933.79 billion and a net profit of NT$398.27 billion for Q2 2025, with earnings per share of NT$15.36 [2] - The board approved a cash dividend of NT$5.0 per share [2] - TSMC plans to issue up to NT$60 billion in unsecured corporate bonds to fund capacity expansion and related green projects [2] - The company will also increase its wholly-owned subsidiary TSMC Global's capital by up to $10 billion to optimize foreign exchange risk management costs [2]

Core Viewpoint - The United States has announced new tariffs on solar products imported from four Southeast Asian countries, which may increase cost pressures in the renewable energy sector [1] Group 1: Tariff Details - The U.S. Department of Commerce has set anti-dumping duties ranging from 6.1% to 271.28%, depending on the company and country [1] - Countervailing duties are set between 14.64% and 3403.96% [1] Group 2: Impact on Industry - These four countries currently supply approximately 77% of solar photovoltaic components to the U.S., with total exports of solar equipment valued at $12.9 billion last year [1] - The tariff decision is the final result of a year-long trade investigation initiated by U.S. solar manufacturers and prompted by former President Biden [1] Group 3: Industry Reactions - While domestic manufacturers view this as a victory, the new tariffs are expected to exacerbate cost pressures in the renewable energy sector, which is already facing policy shifts and economic headwinds [1] - The Trump administration's efforts to revive the fossil fuel industry and reduce support for green projects may further complicate the landscape for renewable energy [1]