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HD Renewable Energy Reports 129% MoM Revenue Growth in September
Utilities · Alternative Power Generation · economic_daily · 2026-10-12
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HD Renewable Energy's September revenue surged 129.5% to NT$1.06 billion, driven by progress in energy storage and solar-fishery projects.
What Happened
September Revenue Surge: HD Renewable Energy reported a monthly revenue of NT$1.06 billion for September 2026, marking a significant 129.50% increase from the previous month. The company's cumulative revenue for the first three quarters of the year reached NT$4.95 billion, reflecting strong operational execution.
Growth Drivers: The revenue growth was primarily fueled by major energy projects, including energy storage facilities in Pingtung and Taichung, as well as solar-fishery projects in Chiayi and Tainan. These projects contributed approximately NT$567 million in revenue based on construction progress and material deployment.
Diversified Business Model: Beyond construction, the company generated NT$167 million from power trading services. Additionally, international operations in Japan and Australia, including service income and asset transactions, contributed NT$204 million, highlighting a diversified revenue stream.
Future Outlook: As various energy infrastructure projects continue to advance, the benefits of HD Renewable Energy's smart energy and green power trading strategy are becoming increasingly evident. Steady project execution and international market expansion remain key drivers for the company's long-term growth.