Company Profile
Founded in 1998, Hengs Technology has been deeply rooted in the renewable energy sector for 28 years. Guided by its corporate culture of "Benefit Others to Benefit Yourself, Innovation through Change, and Sustainable Management," Hengs has witnessed and actively participated in the full evolution of Taiwan’s green energy industry from its infancy to its current booming development, standing as one of the earliest EPC (Engineering, Procurement, and Construction) providers in the domestic solar photovoltaic market.
Leveraging exceptional engineering quality and rigorous project management, Hengs has accumulated over 600 rooftop projects, with a total installed capacity across ground-mounted and rooftop systems exceeding 350MW. Key landmark projects include：
- Xinzhong Xuejia Power Plant (76MW): Taiwan’s first private land conversion project.
- Jhih Guang Power Plant Project 1 (85MW): Taiwan’s first large-scale fishery-solar symbiosis project.
These milestones fully demonstrate Hengs' comprehensive, one-stop solution capabilities ranging from initial project development to grid connection.
Beyond its core EPC business, Hengs is aggressively expanding its footprint in Solar-Plus-Storage integration. In 2021, the company demonstrated its technical leadership by becoming one of the first providers to secure Taipower’s AFC (Automatic Frequency Control) energy storage tender.
Core Technical Capabilities and Competitive Advantages
Hengs’ core competitiveness lies in its self-developed "Cloud-Based Smart Energy Management Platform." Backed by comprehensive software development capabilities and deep practical experience, Hengs pioneered the industry as early as 2010 by establishing a cloud-based, real-time O&M predictive warning and notification platform.
Inheriting this core technology, Hengs successfully developed "H-ELink" in 2024—an advanced Energy Management System (EMS) that achieves millisecond-level charge and discharge control, optimized scheduling, and remote monitoring capabilities. Furthermore, the platform seamlessly integrates solar power, front-of-the-meter (FTM) storage, behind-the-meter (BTM) storage, O&M services, EV charging stations, electricity trading platforms, and virtual power plant (VPP) applications. Through this ecosystem, Hengs delivers a cross-domain, comprehensive suite of renewable energy integration services.
In terms of strategic layout, Hengs has formed a deep strategic partnership with Ta Ya Group, a major domestic wire and cable manufacturer, by co-establishing "Ta Ya Green Energy" and holding a 15% stake. This collaboration not only brings long-term, stable non-operating income to the company, but also enables Hengs to secure system engineering contracts for self-operated solar power plant construction projects across Ta Ya’s various subsidiaries—thereby creating a dual-track revenue structure driven by both electricity sales and engineering income.
Furthermore, Hengs has extended its reach into a diversified corporate footprint. Its subsidiary has ventured into fishery management to truly practice "fishery-solar symbiosis." Concurrently, the company is actively investing in the operation of EV fast-charging stations, further broadening its renewable energy portfolio.
Future Outlook
Over the next three years, Hengs will actively advance the execution of its backlog orders, converting them into diversified services such as operations and maintenance (O&M), fishery management, and land management. Through this strategy, Hengs aims to build a long-term, stable stream of recurring revenue and maximize value for our shareholders.
In terms of business expansion, Hengs will continuously develop new project sites, bid for various tenders, and simultaneously expand our overseas market footprint to boost overall growth momentum and market competitiveness. Notably, a key investment focus will be placed on its deployment in Vietnam, where it will actively expand power plant businesses for local Taiwanese enterprises, providing one-stop professional services to deepen power plant-related operations.
Furthermore, by prudently evaluating and strategically deploying reinvestment ventures, Hengs will further enhance capital utilization efficiency and drive sustained growth in overall profitability, remaining fully committed to creating long-term, stable value for our shareholders.