HD Renewable Energy

What HD Renewable Energy does

HD Renewable Energy (泓德能源) is a Taiwan-headquartered, publicly listed (TWSE 6873) clean energy company that delivers integrated renewable power generation, battery energy storage, electricity retail, and EV charging solutions across the Asia-Pacific region. It serves enterprise commercial and industrial customers, utilities and grid operators, EV ecosystem participants, and project developers and investors across Taiwan, Japan, Australia, mainland China, and the Philippines.

The company operates a vertically integrated platform combining proprietary hardware (TAITEN-branded containerized ESS, C&I cabinet ESS, silicon-carbide power converter systems with up to 99.3% efficiency, and AC/DC EV chargers), an AI-driven energy management software stack (TITAN platform) for forecasting, optimization, and dispatch, and a portfolio of operational services delivered through wholly-owned subsidiaries including Star Trade (星星電力) for green power retail and Star Charge (星舟快充) for EV charging. As of end-2024 the company reported 391 employees and a 9.4 GW global project development pipeline, with disclosed awards including 560 MW of cumulative Japanese LTDA storage capacity and a 111 MW/330 MWh Templers BESS acquisition in South Australia.

HD Renewable Energy earns revenue across multiple streams: one-time project sales and EPC (solar PV, BESS, EV charging), recurring retail electricity supply via Star Trade and REC trading, subscription-style asset management fees for third-party-owned renewable and storage assets, usage-based EV charging income through Star Charge's network of 600+ charging guns, and professional services such as energy consulting. It goes to market through a direct enterprise field-sales motion supported by regional offices in Taiwan (Taipei, Taichung, Tainan, Kaohsiung, Penghu), Tokyo, Sydney, mainland China, and the Philippines, and through strategic distribution partners including Shilin Electric, Mitsubishi Electric, Tokyo Gas, Chubu Electric Power Miraiz, and the ArcTrade-led MWEX Solutions joint venture.

Name

HD Renewable Energy

Legal name

泓德能源科技股份有限公司

Website

https://hdrenewables.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

HD Renewable Energy (TWSE 6873) is a Taiwan-based, publicly listed clean energy company that designs, builds, and operates integrated renewable generation, battery energy storage, electricity retail, and EV charging solutions for enterprise, utility, and project developer customers across Taiwan, Japan, Australia, China, and the Philippines.

Ownership category

akta.pro rank

Product category

Renewable Energy Solutions and Smart Energy Management

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electric Services (4911), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Power Conversion Systems (PCS) for BESS (Bi-directional DC/AC) (EUAFAIAC)

akta.pro secondary industries

Managed EV Charging Software (Residential, Fleet, Workplace) (EUAFAMAA), Utility & Grid Services Integration for EV Flexibility (DR/DERMS/SCADA Interfaces) (EUAFAMAF), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), PCS (Power Conversion System) Engineering, Supply & Integration (EUAEAEAF)

Keywords

• Renewable energy solutions
• Battery energy storage
• Electric vehicle charging
• Smart energy management
• Green electricity retail

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Renewable Energy Solutions & Equipment Sales: Design, installation, and sales of solar PV systems, battery energy storage systems (BESS), and EV charging infrastructure for commercial, industrial, and residential customers.
2. Energy Consulting Services: Professional consulting services for enterprise customers including energy audits, carbon reduction planning, and sustainable energy transition strategies.
3. Electricity Retail (星星電力): Retail electricity sales through subsidiary 星星電力 (Star Trade), providing renewable energy power purchase agreements and electricity supply to commercial and industrial customers.
4. Asset Management: Management fees for operating renewable energy assets including solar farms and energy storage facilities owned by third-party investors or joint ventures.
5. EV Charging Network Operations: Operation of EV charging stations through subsidiary 星舟快充 (Star Charger), generating revenue from charging services to EV owners.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

HD Renewable Energy is an integrated smart green energy platform that develops, installs, and operates solar PV power plants, large-scale battery energy storage systems (BESS), and EV charging infrastructure across the Asia-Pacific region. It delivers these capabilities through proprietary AI-driven energy management software (TITAN), TAITEN-branded hardware (containerized and C&I storage, power converters, site controllers, AC/DC EV chargers), electricity retail via its Star Trade subsidiary, EV charging operations via Star Charge, and asset management services.

Differentiator

Problem solved

Functional benefit

Brands

• TAITEN: Proprietary brand for energy storage equipment (containerized ESS, C&I cabinet ESS, power converter systems) and EV charging solutions (AC and DC chargers). Developed through joint venture manufacturing facility with strategic partners.
• TITAN
• ZEBRE
• 星星電力 (Star Trade)
• 星舟快充 (StarCharge)

Products and services

• TAITEN Smart Green Power Management Platform Proprietary cloud-based AI-driven energy management platform integrating solar power generation, energy storage systems, EV charging, aquavoltaic projects, and renewable power aggregation for real-time monitoring, forecasting, and dispatch optimization across front-of-the-meter and behind-the-meter applications.
• TAITEN Containerized Energy Storage System Standardized container-integrated battery energy storage system combining battery packs, BMS, inverter, and fire protection, designed for grid-scale front-of-the-meter and behind-the-meter storage sites with AI-based real-time monitoring and modular design reducing land requirements by up to 55%.
• TAITEN Integrated Commercial & Industrial Energy Storage System Integrated C&I cabinet ESS pairing with the TAITEN Energy Management Platform for behind-the-meter applications, featuring embedded PCS design achieving RTE efficiency above 90%, multi-layered safety mechanisms with real-time cell anomaly alerts, and modular parallel deployment for installation flexibility.
• TAITEN Power Converter System Power conversion system using SiC (silicon carbide) power devices with conversion efficiency up to 99.3%, featuring built-in Stem-Cell grid-forming technology supporting GW-level black start and stable VSG (Virtual Synchronous Generator) mode operation when disconnected from the grid.
• TAITEN Energy Storage Site Controller Site-level controller for energy storage systems achieving millisecond-level action response through deep integration of PCS, BMS, and fire protection systems, with cell-level anomaly detection identifying irregular cell behavior up to 24 hours in advance and built-in self-scanning algorithms that reduce 1GWh-scale commissioning time to 12 days.
• TAITEN AC EV Charger Proprietary compact and lightweight AC charging pile for residential and community applications, built with multiple electrical protection mechanisms, modern form factor, and dedicated cable holder for safe and reliable operation in smart sustainable living environments.
• TAITEN DC EV Charger High-power DC charging solution supporting 180 kW and 360 kW output for commercial buildings, department stores, and public spaces, with low-loss design, comprehensive electrical protection, manual emergency-stop, 10.4-inch touchscreen, and CCS1/CCS2 connector compatibility.
• Star Trade (星星電力) Electricity Retail Service Subsidiary service providing renewable energy consulting, green power retail, and storage asset integration for corporate clients, using data analytics and cloud-based systems to design optimal green power solutions and help clients obtain renewable energy certificates (RECs) and backup capacity services.
• Star Charge (星舟快充) EV Charging Operations Subsidiary providing end-to-end EV charging station investment, construction, and operations, including franchise investment solutions, site partnerships, and single-station investment models, managing over 600 charging guns across Taiwan with single-station power outputs exceeding 1 MW.
• Power Plant Development Solutions (EPC) Customized EPC solutions across rooftop, ground-mounted, floating, and aquavoltaic solar PV installations, with over 400 MW of completed projects in Taiwan covering every stage from design through commissioning.
• HB O&M Asset Operations and Maintenance Subsidiary providing cloud-based monitoring and intelligent dispatch management for power plant operations and maintenance, holding TÜV NORD AAA certification in Germany, covering solar farms, energy storage facilities, and EV charging infrastructure assets.
• Virtual Power Plant (VPP) Aggregation Service Aggregator service integrating distributed solar and energy storage assets into virtual power plant markets across Taiwan, Japan, and Australia, enhancing energy management capabilities and market participation efficiency for distributed energy resources.
• ZEBRE Australia Renewable Energy Investment Platform Renewable energy investment platform established with Australian energy company ZEN Energy (70% HDRE-owned), targeting 1.4 GW of solar and energy storage investment and asset management capacity in Australia, including the 111 MW/330 MWh Templers BESS acquisition.
• MWEX Solutions Energy Trading Platform (JV with ArcTrade) Joint venture delivering the ArcTrade Energy Operating System (eOS) for power trading across the Asia-Pacific region, with Australia (NEM/AEMO) as the first target market and expansion to Japan and other deregulated Asia-Pacific markets.
• Star Charge Charging Park Integrated Solution Integrated charging park combining solar photovoltaics, EV charging, energy storage, and energy management systems into a smart green-energy charging park with entertainment, dining, and relaxation spaces, supporting flexible 7 kW, 180 kW, and 360 kW charging specifications.

Quantifiable outcome

• 9.4 GW global project development pipeline
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• Tokyo GascoreStrategic or Co-development Partner · 1 January 2024Strategic partnership for development of 340 MW battery energy storage system (BESS) pipeline in Japan. The collaboration leverages Tokyo Gas's local market expertise and HD Renewable Energy's BESS technology capabilities for grid-scale energy storage projects in the Japanese market.
• Chubu Electric Power MiraizcoreStrategic or Co-development PartnerCollaboration with Chubu Electric Power Group company for energy services and grid stabilization solutions in Japan, supporting HD Renewable Energy's market expansion activities.
• ArcTradecoreStrategic or Co-development PartnerJoint venture MWEX Solutions for energy trading and renewable energy certificate (REC) trading services, enabling cross-border energy market participation.
• ZEN EnergycoreStrategic or Co-development PartnerAustralia platform partnership through ZEN Energy's ZEBRE platform for renewable energy project development and investment in the Australian market.
• Greensteel AustraliaminorStrategic or Co-development PartnerMemorandum of Understanding for renewable energy partnership supporting sustainable steel production and green manufacturing initiatives in Australia.
• 士林電機 (Shihlin Electric)coreStrategic or Co-development PartnerJoint venture partnerships including 士星 and 新星 joint ventures for electrical equipment distribution and integration services in Taiwan market.
• Mitsubishi ElectriccoreTechnology or IntegrationTechnology partnership with Mitsubishi Electric for power electronics, energy storage systems, and smart grid solutions integration.
• Aurora Energy ResearchminorImplementation/ SI/ Consulting PartnerEngagement of Aurora Energy Research for economic analysis, market forecasting, and regulatory impact assessment support for energy projects.
• 星星電力 (Star Trade)coreOthersSubsidiary company providing retail electricity services and renewable energy power purchase agreements to commercial and industrial customers in Taiwan.
• 星舟快充 (Star Charger)coreOthersSubsidiary company operating EV charging network across Taiwan, providing charging infrastructure services to individual EV owners and fleet operators.
• Taiwan Mobile (台灣大哥大)coreStrategic or Co-development PartnerCollaboration with Taiwan Mobile for sustainable energy solutions supporting telecom infrastructure operations and ESG initiatives.
• 和潤電能coreStrategic or Co-development PartnerStrategic partnership for energy solutions and asset management services, combining financial services expertise with energy infrastructure development.
• 匯僑minorStrategic or Co-development PartnerCommercial energy partnership for trading and distribution of energy solutions to industrial customers.
• ASE Group (日月光)coreStrategic or Co-development PartnerLong-term renewable energy partnership providing solar installations, energy storage, and electricity supply for semiconductor manufacturing operations.
• FamilyMart (全家)coreStrategic or Co-development PartnerPartnership for renewable energy solutions and EV charging infrastructure deployment across FamilyMart retail locations in Taiwan.
• 電電數位minorStrategic or Co-development PartnerDigital energy solutions partnership for smart energy management and IoT integration services.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sungrow Power Supply: Chinese global leader in solar inverters and battery energy storage systems. Sungrow manufactures PCS and integrated BESS solutions — directly comparable to HDRE's TAITEN PCS and containerized ESS product lines, and competes in the same global storage market.
• Fluence Energy: Global battery energy storage integrator combining hardware (PCS, batteries) with a software platform (Nessie) for grid-scale and C&I deployments. Closely parallels HDRE's vertically integrated BESS-plus-AI approach, with TITAN playing a similar role to Fluence's Mosaic/OS platform.
• Shizen Energy: Japanese renewable energy developer active in solar, wind, and battery storage with significant domestic project pipeline. Directly competes with HDRE in the Japanese BESS market, including for LTDA auction awards and utility-scale storage contracts.
• Sembcorp Industries: Singapore-headquartered energy and urban development group with significant renewables and energy storage operations across APAC. Comparable to HDRE as a multi-geography integrated renewables platform targeting C&I and utility customers.
• Shihlin Electric & Engineering (士林電機): Taiwan-based electrical equipment manufacturer and HDRE's JV partner (士星, 新星). Operates in adjacent power electronics and electrical infrastructure categories, providing a direct Taiwan-market comparable and channel partner.
• Tatung Company (大同公司): Taiwanese diversified industrial group with renewable energy and electrical equipment operations. Comparable as a Taiwan-domiciled player with overlapping exposure to solar EPC, energy solutions, and grid-related equipment serving the same enterprise customer base.
• ChargePoint: US-headquartered EV charging network operator providing hardware and cloud software for AC and DC charging. Direct comparable to HDRE's StarCharge subsidiary in EV charging network operations, including charging station deployment, operations, and software management.

Broad incumbents

• Tesla Energy: Tesla's energy business spans solar (SolarCity-derived), Powerwall/ Megapack BESS, and integrated energy software. While a much larger global incumbent, Tesla Energy competes with HDRE in the integrated solar+storage+EV charging platform category and serves overlapping enterprise/utility customers.
• Enphase Energy: Global energy technology company producing microinverters, battery storage (IQ Battery), and EV chargers. Comparable to HDRE's residential and C&I energy hardware portfolio, with a broader global footprint and more mature software ecosystem.
• Wartsila Energy Storage: Finnish global technology provider with grid-scale battery energy storage and grid services offerings. Comparable to HDRE's utility-scale BESS EPC and integration capabilities, particularly in the Japan and APAC markets where both compete for utility-grade storage contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@HDRE6873
• Facebookfacebook.com/HDRE6873
• LinkedInlinkedin.com/company/hdrenewables
• Instagraminstagram.com/hdre6873

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HD Renewable Energy