HONG KONG, April 16, 2026 /PRNewswire/ -- Sigenergy Technology Co., Ltd. ("Sigenergy", Stock Code: 06656.HK) today successfully listed on the Hong Kong Stock Exchange (HKEX), marking a significant milestone in the company's development. The Company is positioned as the first "AI+ All-in-One PV Storage" company to be listed on the HKEX.
Mr. Tony Xu, Founder and CEO of Sigenergy, stated: "We sincerely thank our investors, partners, advisors, global distributors and installers, as well as all Sigenergy employees for their trust and support. This listing marks a new starting point. We will remain committed to our 'AI in All' strategy, continue strengthening our capabilities in energy storage, and invest in innovation to deliver more competitive solutions. We aim to create long-term value for our customers, shareholders and partners, while contributing to the industry and society."
Sigenergy's IPO received full support from global capital, including world-leading sovereign wealth fund Temasek, top-tier international asset management institutions such as Goldman Sachs Asset Management, UBS Asset Management and BNP Paribas Asset Management. It also gathered leading investment firms like Hillhouse, CPE, Boyu Capital, Gaoyi Asset Management, and Greenwoods Asset Management, as well as large insurance funds like CPIC and Fullgoal Fund.
Since its inception, Sigenergy has driven market entry through product innovation, leveraging modular design and AI-driven technologies to expand across residential, commercial and industrial, and utility-scale applications. The Company now employs over 1,000 professionals worldwide, with operations spanning more than 80 countries and regions, supported by a well-established global distribution and service network. Backed by its core manufacturing and R&D base in China, Sigenergy continues to strengthen its capabilities in innovation, production, and delivery, reinforcing its competitive position in the global market.
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Sigenergy Successfully Listed on HKEX with Strong Backing from Top-Tier Global Investors
TAIPEI, April 16, 2026 /PRNewswire/ -- HD Renewable Energy Co., Ltd. (TWSE: 6873, "HDRE") announced a multi-faceted collaboration with Tokyo Gas Co., Ltd. (TSE: 9531, "Tokyo Gas") as part of its continued expansion in Japan. The partnership includes both operational service agreements and long-term offtake arrangements across multiple battery energy storage system (BESS) projects, with a total collaboration scale of approximately 340MW. The collaboration reflects HDRE's ongoing engagement with Japanese energy companies in storage development and asset management.
The operational service projects are located in Aomori Prefecture, with a combined capacity of approximately 149MW. These projects were awarded under Japan's Long-Term Decarbonization Auction (LTDA) scheme and are scheduled to commence commercial operations in FY2029, with HDRE responsible for development and construction and Tokyo Gas overseeing operations upon commissioning. By combining HDRE's expertise in storage development and asset integration with Tokyo Gas's experience in power market operations, the projects are designed to secure stable revenue through capacity market mechanisms while also participating in power trading to enhance overall asset performance.
Under the long-term offtake framework, HDRE has signed agreements with Tokyo Gas covering projects in Miyazaki, Iwate, Miyagi, and Fukushima, totaling approximately 190MW. Tokyo Gas will obtain operational usage rights to the assets and pay usage fees over a period of approximately 20 years. This structure enhances revenue visibility and supports asset value, while also demonstrating a scalable commercial model for energy storage deployment.
As electricity increasingly shifts from a cost center to a strategic asset, the role of energy storage and market operation capabilities is becoming more critical. In Japan, HDRE is advancing a development pipeline of approximately 3GW, spanning project development, power trading, and asset management, while working with local partners to support the energy transition.
Over the past two years, the company has secured approximately 400MW under the LTDA scheme, providing a stable policy-backed foundation for its portfolio. Meanwhile, its 50MW Helios BESS project in Hokkaido has entered market operations, participating in wholesale and ancillary service markets to capture value from growing system flexibility needs driven by market liberalization and rising renewable penetration.
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HD Renewable Energy Launches Collaboration with Tokyo Gas, Advancing Japan Expansion with 340MW Energy Storage Portfolio
