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Huiyao Pinshang Energy Technology

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Specializes in the research, development, design, manufacturing, and promotion of cable-structured flexible photovoltaic support systems

ChinaFounded 2021Energy
Valuation $0–100M Latest valuation · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
China
Employees
5
Open positions
None listed
Dealroom signal
24.0/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Solar Energy, Sustainable Development Goals, Climate Tech
Business model
Manufacturing
Client focus
b2b

Latest news

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC May 2026 $19M $77M CROWN ADVANCED MATERIAL CO LTD · Hunan Xingxiang Investment Holding · Meineng Clean Energy Group · Qiantang Industry Development Group
SERIES AEquity / VC May 2024 $14M $55M Dachen Caizhi · Zero2IPO · Shanghai Nuotie Assets
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Growth signals

Huiyao Pinshang Energy Technology website traffic

Latest recorded traffic for Huiyao Pinshang Energy Technology is 20 monthly website visits.

Latest monthly visits20
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A8 investors entered at this stage

  • Dachen Caizhi
  • Zero2IPO
  • Shanghai Nuotie Assets
  • CROWN ADVANCED MATERIAL CO LTD
  • Hunan Xingxiang Investment Holding
  • Meineng Clean Energy Group
  • Qiantang Industry Development Group
  • Fortune Venture
Employees 5 total headcount
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Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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