HD Renewable Energy Expands Internationally with Focus on Energy Storage by 2026
HD Renewable Energy is set to expand internationally by 2026, focusing on battery energy storage, despite a 13.29% decline in December 2025 revenue. The company has initiated several projects, including a 111 MW battery facility in Australia and a 50 MW facility in Japan, while also securing 300 MW in Japan's Long-Term Decarbonization Power Source Auction. In Taiwan, HDRE is developing 3.3 GW of capacity in collaboration with Mitsubishi Electric and Gigastorage Corporation.
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HD Renewable Energy plans international expansion in 2026, focusing on battery energy storage. December 2025 revenue was NT$1.636 billion, down 13.29% year-on-year, with 897 MW of overseas projects expected to start construction.
In Australia, the 111 MW Templers Battery Project began operations with ZEN Energy and has a 695 MW pipeline. In Japan, a 50 MW battery facility in Hokkaido started commercial operations, with projected first-year income of JP¥2 billion.
HDRE won 300 MW in Japan's Long-Term Decarbonization Power Source Auction and received subsidies for a 20 MW project. In Taiwan, HDRE is developing 3.3 GW of capacity and partnered with Mitsubishi Electric and Gigastorage Corporation for new projects.
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