HNAC Technology Co., Ltd

What HNAC Technology Co., Ltd does

HNAC Technology Co., Ltd. (Shenzhen Stock Exchange: 300490) is a Changsha-headquartered Chinese EPC contractor, equipment manufacturer, and services provider founded in 1993, operating across hydropower, new energy, energy storage, power transformation and distribution, and water treatment. The company executes turnkey hydropower, substation, pump station, and water treatment projects for government utilities and national power grids in developing markets, while supplying proprietary equipment—Francis and axial flow turbines (up to 800 MW units), synchronous generators (up to 120,000 kW), governors, excitation systems, and a portfolio of battery energy storage systems (cabinet, container, and HV modular configurations up to 105 MW/105 MWh). Its MEIC (Multi-Energy Interconnection and Complementation) platform is a three-tier intelligent operation and maintenance system that uses AI and big data analytics for fault diagnosis, health management, and remote monitoring of distributed energy assets.

HNAC makes money through four streams: EPC contracting (one-time project revenue), equipment manufacturing and sales (hardware), long-term O&M services (recurring managed services), and international training and technical services that double as a business development channel. The go-to-market is enterprise field sales targeting ministries of energy and state utilities, supported by participation in infrastructure forums (International Infrastructure Investment & Construction Forum, Electric & Power Indonesia, China-Africa Economic and Trade Expo, World Hydropower Congress) and a distinctive government-trainee program that has hosted 120+ workshops for 10,000+ officials from developing countries. The company holds strategic cooperation agreements with Schneider, ABB, and Siemens, the UNIDO IC-SHP Control Equipment Manufacturing Base designation, and multiple Level 1 Chinese construction qualifications. Revenue is not publicly disclosed, but customer references span 70+ countries across Africa, Central and Southeast Asia, the Pacific, and South Asia, with all named customers being sovereign or state-owned counterparties.

Name

HNAC Technology Co., Ltd

Legal name

HNAC Technology Co., Ltd.

Website

https://hnacglobal.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

HNAC Technology Co., Ltd. (Shenzhen Stock Exchange: 300490) is a Chinese EPC contractor and equipment manufacturer delivering hydropower, energy storage, substation, and water infrastructure projects to government utilities and national power grids across 70+ developing countries, with proprietary MEIC intelligent O&M platform.

Ownership category

akta.pro rank

Product category

Hydropower and Energy Infrastructure Equipment Manufacturing

NAICS

Hydroelectric Power Generation (221111), Turbine and Turbine Generator Set Units Manufacturing (333611), Electric Power Generation, Transmission and Distribution (2211)

SIC

Engines & Turbines (3510), Motors & Generators (3621), Electrical Industrial Apparatus (3620), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF)

akta.pro secondary industries

Turbines, Generators & Hydromechanical Equipment Manufacturing (OEMs) (EUACAEAH), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Power Plant I&C / SCADA / DCS EPC (EUAEAAAN), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), Hydro Balance-of-Plant EPC (Penstocks, Gates, Intake/Outfall, Auxiliaries) (EUAEADAH)

Keywords

• Hydropower equipment manufacturing
• EPC contracting services
• Energy storage systems
• Power plant operations maintenance
• Intelligent energy infrastructure

Headquarters

HQ city

Changsha

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. EPC Contracting: Engineering, Procurement, and Construction contracting for hydropower stations, substations, pump stations, water treatment plants, and new energy projects. HNAC serves as the EPC general contractor providing design, procurement, construction, installation, and commissioning services for projects globally.
2. Equipment Manufacturing & Sales: Manufacturing and sale of hydropower equipment (turbines, generators, governors, excitation systems), energy storage systems (battery packs, container/cabinet BESS, HV modular storage), mechanical & electrical equipment (switchgears, SCADA, protection devices), and measurement meters.
3. Operation & Maintenance Services: Long-term operation and maintenance contracts for power stations, hydraulic projects, water treatment plants, and distribution networks. Includes intelligent O&M using MEIC platform with three-tier management model.
4. International Training & Technical Services: International training workshops, seminars, and technical exchange programs for government officials, engineers, and technicians from developing countries in hydropower, renewable energy, microgrids, and water management. Constitutes both a revenue stream and a business development tool.
5. Project Investment & Financing: HNAC engages in project investment and financing for energy infrastructure projects, including participation in African energy development programs.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

HNAC designs, manufactures, and supplies hydraulic turbines (Francis and axial flow), generators, governors, excitation systems, battery energy storage systems, SCADA and protection equipment, and provides engineering, procurement and construction (EPC) contracting along with intelligent operation and maintenance services for hydropower stations, substations, pump stations, water treatment facilities, and new energy projects. The MEIC platform integrates hydropower, new energy, energy storage, and distribution network management under a three-tier intelligent O&M architecture.

Product overview

HNAC Technology Co., Ltd (stock code: 300490) provides a comprehensive portfolio of products and services across water conservancy, hydropower, new energy and energy storage, power transformation and distribution, and water treatment sectors. The company operates through three main business models: Engineering Contractor (EPC), Products Supplier, and Service Provider. The product portfolio centers on the MEIC (Multi-Energy Interconnection and Complementation) intelligent operation and maintenance platform, supported by hydropower equipment (Vertical/Horizontal Francis Turbines, Axial Flow Turbines, Turbine Inlet Valves, Governors, Generators, Excitation Systems), new energy products (Battery Packs, Cabinet-type/Container-type Energy Storage Systems, HV Modular Energy Storage, Power Conversion Systems, Zero Carbon Cabin, Charging Piles, EMS), and mechanical & electrical equipment (SCADA Systems, Microcomputer Protection Devices, Switchgears). The service offerings include EPC contracting for infrastructure projects, operation and maintenance services for power stations/hydraulic systems/renewable energy/water plants/distribution networks, and international training workshops for energy professionals from developing countries.

Differentiator

Problem solved

Functional benefit

Brands

• MEIC: Multi-Energy Interconnection and Complementation platform for intelligent operation and maintenance services.

Products and services

• Vertical Francis Turbine Hydraulic turbine designed for vertical installation that converts water flow into rotating mechanical energy, operating at water heads of 20-700 meters with output from several kilowatts to 800 MW. Sold to hydropower plant operators and EPC contractors for new build and modernization projects.
• Horizontal Francis Turbine Hydraulic turbine for horizontal installation, operating at water heads of 30-700 meters with output from several kilowatts to 800 MW. Sold to hydropower plant operators for small to large-scale hydro projects.
• Axial Flow Turbine Turbine designed for medium and low water heads of 3 to 65 meters where water flows axially through the runner. Sold to hydropower plant operators for medium and low-head hydroelectric stations.
• Turbine Inlet Valve Main inlet valve installed in front of turbines to prevent accident expansion and to enable overhauling or long-term shutdowns. Sold to hydropower plant operators for safety isolation in penstock systems.
• Governor (Speed Regulator) Adjustable speed governor that regulates guide vane opening to maintain rated speed and frequency for 1MW-100MW Francis, axial flow, cross-flow, and impulse water turbines. Sold to hydropower plant operators for unit control and grid stability.
• AC Synchronous Generator AC synchronous generator driven by water turbine, capacities from 50kW to 120,000kW with single machine capability up to 200,000kW, Class F insulation, maximum voltage 13.8kV. Sold to power plant developers and operators.
• Excitation System DC excitation system providing current to rotor windings of hydro-generators and brush synchronous motors in factories, mines, and enterprises to enable unattended operation. Sold to power plant and industrial motor operators.
• Battery Pack Lithium iron phosphate battery with aluminum shell, including battery pack, battery management module, and protection module, for power storage applications. Sold to energy storage system integrators and project developers.
• Integrated Cabinet-type Energy Storage System Standardized 30kW to 60kW cabinet-type energy storage system for outdoor installation in transformer areas and distribution rooms, supporting grid-connected mode (load smoothing, peak shaving, peak-valley arbitrage) and off-grid mode (backup/emergency power). Sold to distribution network operators and commercial/industrial users.
• Integrated Container-type Energy Storage System Standard 1.725MW/3.45MWh container-type energy storage system with integrated battery and power conversion system connected in series on the DC side and in parallel on the AC side with separate cluster management. Sold to utility and large-scale renewable energy developers.
• HV Modular Energy Storage System High voltage modular energy storage system designed for industrial and commercial energy storage applications. Sold to industrial and commercial energy users.
• Energy Storage Power Conversion Boost System Integrated system combining PCS, boost transformer, high voltage inlet cabinet, and protection device for energy storage applications. Sold to energy storage project developers and EPC contractors.
• SCADA System Supervisory Control and Data Acquisition (SCADA) system for monitoring and controlling power station operations, substations, and industrial processes. Sold to utilities, plant operators, and industrial customers.
• Microcomputer Protection Measurement and Control Device Digital protection and control device for electrical systems in power stations and industrial applications. Sold to power plants and industrial operators.
• Medium Voltage and High Voltage Switchgears Switchgear equipment for medium and high voltage electrical distribution systems. Sold to substations and industrial power distribution operators.
• Zero Carbon Cabin Carbon-neutral cabin solution designed for sustainable energy applications as part of renewable energy demonstration stations. Sold to renewable energy project developers.
• Charging Pile Electric vehicle charging infrastructure for residential, commercial, and industrial applications. Sold to EV charging operators and developers.
• Energy Management System (EMS) Energy Management System for monitoring, controlling, and optimizing energy consumption and generation across facilities. Sold to power plants, renewable energy developers, and industrial/commercial energy users.
• EPC Contracting Services Engineering, Procurement, and Construction (EPC) contracting services for hydropower, new energy, substation, pump station, and water treatment projects, covering consulting, design, installation, commissioning, and operation & maintenance. Delivered to government utilities, national power grids, and infrastructure developers across 70+ countries.
• Power Station Operation and Maintenance Services Intelligent operation and maintenance services for power stations delivered through the MEIC platform with a three-tier management model (headquarters, regional, on-site) and specialized teams performing intensive, standardized O&M. Offered to power plant owners and operators.
• Hydraulic Operation and Maintenance Services Operation and maintenance services for hydraulic projects using the MEIC intelligent platform with professional teams to establish intelligent, standardized, and specialized management. Offered to hydraulic project owners and operators.
• Renewable Energy Operation and Maintenance Services Operation and maintenance for renewable energy stations targeting safe, green, efficient, and intelligent operations through regional centralized control centers and point-driven regional management. Offered to renewable energy plant owners and operators.
• Water Plant Operation and Maintenance Services Full responsibility for water treatment operation, maintenance, and repair, including water supply systems, fire protection, electrical systems, process equipment, and security systems. Offered to water utility operators and municipal authorities.
• Distribution Network Operation and Maintenance Services Distribution network O&M delivered through a platform providing site distribution information, status monitoring, fault statistics and analysis, and service personnel tracking. Offered to distribution network operators.
• International Training Workshop Services Training programs for international practitioners and government officials in the energy and environmental industries covering hydropower, renewable energy, microgrids, and energy storage. As of December 2024, over 120 online and offline courses/seminars have been conducted with more than 10,000 participants from developing countries.

Quantifiable outcome

• Over 30% of Central African Republic's power supply share delivered by the Boali 2 Hydropower Station
• +5 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered major and core.

• Tanzania Ministry of EnergymajorStrategic or Co-development Partner · 1 February 2023HNAC signed an EPC project for Tanzania's power grid improvement series. The signing ceremony was held at the presidential palace in Dar es Salaam and witnessed by President Samia Hassan Suluhu.
• China-Africa Energy CorporationmajorStrategic or Co-development Partner · 1 August 2021Investor and partner in the Boali 2 Hydropower Station (20MW) project in the Central African Republic. HNAC served as EPC contractor for this major national infrastructure project.
• Schneider ElectriccoreTechnology or IntegrationLong-term strategic cooperation with Schneider Electric for technology integration in power engineering projects, combining HNAC's local execution capabilities with Schneider's automation and control technologies.
• ABB GroupcoreTechnology or IntegrationLong-term strategic cooperation with ABB for power transmission and distribution technologies in international projects, leveraging ABB's equipment and systems expertise.
• Siemens AGcoreTechnology or IntegrationLong-term strategic cooperation with Siemens for energy sector technologies including automation, digitalization, and power equipment in international engineering projects.
• UNIDO International Center on Small Hydro Power (Changsha Base)coreStrategic or Co-development PartnerHNAC serves as the UNIDO IC-SHP Control Equipment Manufacturing Base, jointly advancing small hydropower technology development and training for developing countries under UNIDO's global initiative.
• International Hydropower Association (IHA)majorStrategic or Co-development PartnerHNAC is a member of IHA, participating in international hydropower congresses and contributing to global hydropower development standards and practices.
• Pacific Power AssociationmajorStrategic or Co-development PartnerMember of the Pacific Power Association for regional energy cooperation and market development in Pacific island nations.
• China International Contractors Association (CHINCA)majorStrategic or Co-development PartnerMember of CHINCA, participating annually in the International Infrastructure Investment & Construction Forum & Exhibition to connect with international project opportunities and contractors.
• China Hydropower Engineering SocietycoreStrategic or Co-development PartnerJoint organizer of the Hydropower Station Automation/Intelligentization Technology Training Course with the China Hydropower Engineering Society's Hydropower Control Technology Training Center.
• China Gezhouba Group International Engineering Co., Ltd.majorImplementation/ SI/ Consulting PartnerHNAC was awarded a subcontract by China Gezhouba Group for the mechanical and electrical equipment supply and installation project of the Kandaji Hydropower Station in Niger (winning bid: US$28,134,276.15).

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

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Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

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 HNAC Technology Co., Ltd