HDRE Posts May Revenue of NT$586 Million Marking 171.9% Year-on-Year Growth
HDRE Posts May Revenue of NT$586 Million Marking 171.9% Year-on-Year Growth
Smart energy leader HD Renewable Energy (HDRE) announced its consolidated revenue for May 2025, reaching NTD 586 million for the month. This represents a 12.28% decrease compared to April, but a significant 171.90% increase compared to the same period last year. As of the end of May, cumulative revenue for 2025 totaled NTD 2.721 billion, reflecting a year-on-year growth of 117.83%.
Monthly revenue in May was primarily driven by materials and engineering work progressing on the fishery-solar symbiosis project in Chiayi (approx. 119MW), contributing around NTD 312 million. In addition, the energy storage project in Pingtung (approx. 99MW) also contributed approximately NTD 108 million. Other revenue sources included photovoltaic projects in Tainan and energy storage works in Hualien. Power resale transactions generated an additional NTD 85 million.
