Hopewind, an industry trailblazer in renewable energy solutions, proudly unveils its groundbreaking partnerships with three influential Korean companies: CM Technology, INO Electric, and NA GUN Corporation at Green Energy Expo 2024. These momentous collaborations mark a pivotal turning point in Hopewind's global expansion strategy, poised to propel the adoption of advanced photovoltaic (PV) solutions and ignite a renewable energy revolution in South Korea.

According to a report from Fitch Solutions Country Risk and Industry Research, the installed capacity from renewables will grow from nearly 25GW at the end of 2022 to 46GW in 2032, for which solar PV will contribute 12GW during that timeframe. Rooftop PV and large-scale PV project tenders launched by the Korea Energy Agency will be the main drivers of solar’s outburst. Against the backdrop the booming market, Hopewind forges new alliances to further expand its market presence in the country with leading PV inverters to be supplied.

CM Technology, an established powerhouse in the PV solutions market since 2016, has earned a reputation for delivering cutting-edge solar products and services. Led by a team of 10 seasoned experts, CM Technology excels in tailoring bespoke solutions that cater to the unique needs of clients, from initial design to system maintenance. By joining forces with Hopewind, this formidable alliance will harness their combined expertise in solar panel installations and EPC services, propelling renewable energy initiatives to unprecedented heights throughout the region.

INO Electric, a rising star since its inception in 2020, has swiftly gained recognition as a specialist in PV solutions, renowned for manufacturing top-of-the-line inverters and combiner boxes. With a dedicated team of 12 professionals, INO Electric is poised to offer an extensive array of solar energy solutions. The dynamic collaboration between Hopewind and INO Electric will primarily focus on groundbreaking utility projects, showcasing their state-of-the-art 1500VDC 350kW string inverter solution, set to revolutionize the industry.

In a bold move, Hopewind has also forged an alliance with NA GUN Corporation, a fresh entrant in the PV solutions industry this year. Boasting a team of professionals with extensive experience in large-scale distribution and EPC backgrounds, NA GUN Corporation brings a fresh perspective and innovative approach to the partnership. Together with Hopewind, they will spearhead joint efforts on utility projects, placing special emphasis on the remarkable HopeSun60/110KTL and the game-changing 1500VDC 350kW string inverters.

To ensure seamless integration and support for these groundbreaking alliances, Hopewind Korea will significantly expand its operations in synergy with its esteemed partner companies. This expansion will encompass regular and customized training sessions, guaranteeing the highest standards of service and product quality. With an unwavering focus on pioneering highly efficient and reliable solutions, Hopewind aims to optimize various commercial and industrial (C&I) sectors and supercharge large-scale utility PV sites with renewable energy.

Hopewind's global impact is indisputable, with an astounding track record that includes shipping over 150GW of renewable energy products and operating six international service centers. The successful execution of prestigious projects such as the Three Gorges Kubuqi 2GW Project and the Yunnan 100MW Project, accomplished through the utilization of their groundbreaking 350kW utility-scale inverters, further solidifies Hopewind's position as a frontrunner in tackling complex utility-scale PV projects head-on.

As Hopewind forges these transformative alliances in South Korea, the company remains steadfast in its commitment to effectuating significant change both locally and globally within the renewable energy landscape.

About Hopewind

Established in 2007 and listed on the Shanghai Stock Exchange in 2017, Hopewind is a visionary provider of renewable and electrical solutions, revolutionizing the industry through innovative wind power converters, PV inverters, BESS, SVG, and industry drives.

To bolster its global presence, Hopewind has established six subsidiaries, including overseas sales and service centers strategically located in the Netherlands, Brazil, South Korea, Turkey, Vietnam, and Pakistan. In Europe, the company operates key bases in Germany and the Netherlands, providing localized and timely support to customers. To ensure unparalleled service coverage, Hopewind has designated local service representatives who offer on-site support and cutting-edge training across a wide range of areas.

Renowned as a Tier One Manufacturer of Inverter Shipments for Utility in China, Hopewind has earned global recognition as a leading wind power converter provider. With an impressive track record, the company has shipped over 150GW of renewable energy products worldwide by the end of 2023, solidifying its position as a true industry pioneer.