The annual Taiwan International Smart Energy Week has officially begun. HD Renewable Energy, a smart energy brand that will be listed on the Emerging Stock Exchange at the end of this month, will participate in the exhibition for the third time and unveiled its latest green energy business layout for the first time today (8). It will focus on three major business areas: power development and engineering, asset management, and smart power services, providing one-stop services from green energy site development, maintenance and operation to electricity sales, and taking the lead in the 2025 energy transformation policy.
At this year's Energy Week, HD Renewable Energy also announced a partnership with eTreego, a leading electric charging station company, to officially enter the electric vehicle market. This comprehensive approach aims to enable a green electricity lifestyle for all and accelerate the transition to a net-zero carbon future.
Since its founding in 2016, HD Renewable Energy has been driven by its vision of "living with green electricity, accelerating a net-zero carbon future." The company provides integrated solar photovoltaic services and, through its artificial intelligence green power system, maximizes the efficiency of green energy usage, making green electricity accessible to everyone. Today, at Energy Week, the company officially announced its latest business plan. Through its three business units, "Power Development and Engineering," "Asset Management," and "Smart Power Services," the company will provide one-stop services from green energy project development, maintenance, and operation to electricity sales. The company has also entered the wind power sector for the first time, proactively embracing the green energy transition. Furthermore, the company announced a partnership with eTreego, a company incubated by the Industrial Technology Research Institute (ITRI) and with over 60% market share in Taiwan, to formally enter the electric vehicle market.
The Chairman of HD Renewable Energy stated, "In just five years since its founding, HD Renewable Energy has achieved steady operations and continued growth. This year is a significant one for us, not only as we embark on our transformation from a solar photovoltaic company to a net-zero carbon emissions solutions provider, but also as we officially embark on our IPO process. Optimistic about the growth of the green energy industry, we aspire to become a 'Smart Green Power Company,' working together to achieve our goal of 20% renewable energy generation by 2025, and create a smarter, accessible green environment for all."
Power Development and Engineering, Asset Management, and Smart Power Services: Three Business Units Lay an Important Foundation for Green Energy Transformation
HD Renewable Energy demonstrated its three business units at Energy Week and exclusively unveiled its AI-powered smart green electricity system, TITAN, which it developed. This system provides businesses with diverse green electricity options in an immediate and effective manner, accelerating their RE100 goals.
- Power Development and Engineering: The company is involved in both solar photovoltaic and wind power generation. Through projects such as solar photovoltaic plant construction, fishery-electricity symbiosis, and wind power generation, the company's solar power system engineering contracting (EPC) projects exceeded 50MW this year, and the company's grid-connected project capacity has exceeded 150MW to date.
- Asset Management: With an annual capacity exceeding 100MW, the company is a leading one-stop developer. With a comprehensive development and engineering team, the company is able to effectively control project costs, provide customized projects, and assist with their management. With a long-term goal of developing 1GW, the company has attracted investors such as the global power supply manufacturer Comfort Technology and major Taiwanese life insurance companies Taiwan Life and Global Life.
- Smart Power Services: To mitigate the intermittent limitations of renewable energy, HD Renewable Energy provides smart green power management services. It has developed the AI-powered smart green power system, TITAN, which integrates maintenance and operation, green power sales, electric vehicle fast charging, energy storage services, and aquaculture into management and scheduling, leveraging "green power visualization" to improve green power matching. Furthermore, the Xingxing Power Green Power Sharing Platform, a subsidiary of HD Renewable Energy, is Taiwan's first private green power trading platform with a capacity exceeding 1MW. It offers users a diverse selection of green power from solar and wind power, and assists them in obtaining green power certificates. In just one year since its establishment, it has already facilitated the green power transfer of leading companies such as Taiwan Mobile Group and E.Sun Bank. The general manager of HD Renewable Energy stated, "Since obtaining its electricity sales license in August, Xingxing Power has secured 100MW of customer demand. Our goal is to provide 500MW of green power to green power users by 2025, which is expected to accelerate our customers' path to net-zero carbon emissions."
Targeting the electric vehicle industry trends and market size, HD Renewable Energy and eTreego partner to capitalize on the charging station business opportunities.
HD Renewable Energy also announced today that its subsidiary, STAR charging, has signed a partnership agreement with eTreego to jointly capture a significant share of the electric vehicle charging station market.
eTreego will be responsible for hardware aspects such as charging station manufacturing and equipment/wiring installation, while Star charger will handle software aspects such as site planning, app development, cloud leasing, and membership system establishment. By leveraging systems and data, they will provide users with convenient energy solutions, optimize the per-kilowatt-hour green electricity benefit, and achieve efficient energy utilization.
The General Manager of eTreego stated, "eTreego has been deeply engaged in charging technology for 15 years, assisting automakers both domestically and internationally with customized car charging services. We have achieved a 60% market share in Taiwan. We are very pleased to be collaborating with HD Renewable Energy and hope to continue contributing to carbon reduction and sustainable development through stable green electricity services in the future."
As more and more countries and companies demonstrate their commitment and strategies to carbon reduction, and the Taiwanese government sets a goal of net-zero carbon emissions by 2050 and continues to promote major projects, HD Renewable Energy will also provide one-stop green electricity services to reduce the difficulty of using green electricity and promote its widespread adoption. In the future, it will expand the possibilities of various power applications, transforming itself from an energy development and maintenance company to a smart green electricity company.