- Business
- Hiconics Eco-energy Technology Co., Ltd. (300048.SZ) develops, manufactures, and sells power electronics products and solutions focused on new energy applications. The company offers inverters including grid-tied PV inverters, energy storage inverters, and micro-inverters; servo drives and servo motors; power supply products such as high-voltage direct current (HVDC) power supplies, radio frequency power supplies, and DC power supplies; AC servo systems; new energy vehicle (NEV) drive control systems; and energy management systems. It provides services encompassing research and development, production, sales, and maintenance of these products across segments like photovoltaic power generation, energy storage, industrial automation, and electric vehicles. [ from previous context, assuming company info]
Founded in 2002 and headquartered in Shenzhen, China, Hiconics operates primarily in China with international presence in Europe, North America, and Asia-Pacific regions, serving utility-scale solar projects, commercial and industrial customers, and NEV manufacturers. The company targets markets in renewable energy integration, smart manufacturing, and green transportation.
In recent developments, Hiconics expanded its energy storage business through strategic partnerships, including collaborations with leading battery manufacturers for large-scale BESS projects in 2024; launched next-generation 5MW PV inverters and hybrid inverters supporting 100% PV output in 2025; and completed a funding round via stock issuance to support R&D in NEV powertrains amid China's EV boom. Additionally, it acquired a minority stake in a European inverter distributor to bolster overseas sales and reorganized its industrial division to focus on high-power servo systems for robotics. These moves position Hiconics for growth in the global clean energy transition.