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Huiyao Pinshang Energy Technology
Specializes in the research, development, design, manufacturing, and promotion of cable-structured flexible photovoltaic support systems
About Huiyao Pinshang Energy Technology
Huiyao Pinshang Energy Technology (HYPSET) operates as a specialized, technology-focused enterprise centered on the renewable energy sector. The company's core business involves the research and development, design, manufacturing, and application of cable-structured systems specifically for photovoltaic (PV) plants, complemented by intelligent operations and maintenance (O&M) services.
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Established in 2019, the broader Huiyao Corporation Group has rapidly expanded its footprint in the new energy industry. HYPSET, a key part of this group, has distinguished itself as a developer of cable-stayed flexible PV supports, an approach that optimizes space utilization and enhances the economic feasibility of solar projects in challenging environments. The company's systems are widely deployed in mountainous regions, desert areas, and for aquavoltaics. By the close of 2025, HYPSET had achieved a cumulative order capacity exceeding 5GW across a diverse range of applications. The firm's market reach extends across China and into Southeast Asia, serving major clients like the National Energy Group.
HYPSET's business model is rooted in providing proprietary, patented hardware and associated services to developers and operators of solar power facilities. Its product portfolio includes various ground-mounted, cable-structure PV supports (R-Type, F-Type, Z-Type, Y-Type), solar trackers, and panel cleaning equipment. The company has achieved significant milestones, including becoming the first in China to receive TÜV SÜD certification for its flexible solar support system in January 2025. HYPSET is also an active contributor to setting national and industry technical standards for cable-structured PV support systems. More than a quarter of the company's team consists of research personnel, highlighting a strong commitment to technological advancement.
Latest news
Press, funding announcements and product moves mentioning Huiyao Pinshang Energy Technology.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | May 2026 | $19M | $77M | CROWN ADVANCED MATERIAL CO LTD · Hunan Xingxiang Investment Holding · Meineng Clean Energy Group · Qiantang Industry Development Group | ↗ |
| SERIES A✓Equity / VC | May 2024 | $14M | $55M | Dachen Caizhi · Zero2IPO · Shanghai Nuotie Assets | ↗ |
Growth signals
Latest recorded traffic for Huiyao Pinshang Energy Technology is 20 monthly website visits.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
- DCDachen Caizhi
Zero2IPO- SAShanghai Nuotie Assets
- CLCROWN ADVANCED MATERIAL CO LTD
- HHHunan Xingxiang Investment Holding
- MGMeineng Clean Energy Group
- QGQiantang Industry Development Group
Fortune Venture
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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