綠岩能源股份有限公司

As global attention to climate change continues to intensify, the energy transition has become an irreversible global trend. From the EU’s rollout of the REPowerEU initiative to Asian countries actively promoting renewable energy grid integration, green power is no longer an abstract concept—it has become a critical component of corporate operations and national energy security. In Taiwan, where earthquakes are frequent and natural disaster risks are high, power grids are particularly vulnerable, making grid resilience and stable electricity supply increasingly urgent.

Despite the steady inflow of international capital, the renewable energy sector is not one that can be solved by funding alone. The industry’s core challenge lies in a shortage of viable projects and execution capability rather than capital availability. This reality positions Green Rock Energy—equipped with comprehensive capabilities spanning project development, EPC, operations and maintenance, energy storage, and green power trading—at the forefront of the energy transition wave.

Unlike competitors that rely primarily on capital or equipment advantages, Green Rock is firmly rooted in engineering expertise, enabling the development of higher-quality projects and earning the trust and investment of international partners. Meanwhile, global demand for regional energy systems is becoming increasingly clear. Models emphasizing “self-generation, self-consumption, and local utilization” are rapidly gaining traction across markets such as Japan, Thailand, Vietnam, and Malaysia—precisely where Green Rock serves as a key integration hub.

Amid frequent electricity price fluctuations and a market shift toward Corporate Power Purchase Agreements (CPPAs), Green Rock has evolved beyond a renewable project developer to become a critical integrator across the green power value chain.

GreenRock Energy was established in Hsinchu with over 60 employees. Its team spans engineering, power management, international market development and aquaculture expertise, making it one of the few truly comprehensive operators covering the entire renewable energy value chain. From site development, EPC engineering and operations management to energy storage and power trading platforms, Green Rock provides end-to-end solutions. The company secured early backing from Cathay Capital upon its inception and further strengthened its development capabilities in 2023 by co-founding Huichin Energy with Cathay and New Power.

Unlike many industry peers that enter the energy sector through land acquisition or financial leverage, Green Rock is built on three core advantages. First and foremost is its engineering-driven structure and technology-oriented DNA. Chairman Yeh, who holds a PhD in engineering and has over 20 years of experience in the solar industry, possesses deep expertise in project design and planning. His stringent standards for engineering details and construction quality exceed industry norms, enabling Green Rock to deliver superior system designs to its clients.

In practice, this depth of construction experience and power dispatch expertise is a key reason why many international funds and oil companies choose Green Rock as their partner in Taiwan and Southeast Asia. The company’s second advantage lies in its international outlook. As the energy industry shifts from a purely domestic focus to a global market, Green Rock stands out due to the chairman’s extensive project development experience in the United States and Japan, making it one of the most internationally experienced players in the field.

Among overseas markets, Japan is particularly promising. Green Rock’s familiarity with the Japanese market, combined with the chairman’s long-standing relationships with local stakeholders, provides a competitive edge. Additionally, Japan’s supply chain is relatively fragmented and slower to respond compared to Taiwan, further amplifying Green Rock’s advantages in execution speed and efficiency.

Finally, as renewable power generation costs have fallen below those of conventional energy, Green Rock’s engineering capabilities allow for more precise energy efficiency control. By integrating different power sources into regional microgrids, the company enables self-sufficient energy systems—making it a preferred partner for large electricity consumers. Beyond engineering, Green Rock has invested heavily in smart aquaculture management, grid dispatch systems, and modular energy storage design. For example, smart management systems deployed at agrivoltaic sites have increased the managed area per worker from 3–5 hectares to 5–10 hectares, significantly reducing labor costs. Modular designs and centralized control technologies also enable flexible power configurations across different load requirements, creating high technical barriers to entry.

Looking toward 2025, Green Rock will continue to strengthen its presence in Taiwan while accelerating international expansion. In addition to its existing projects in Japan, the company has partnered with major enterprises to jointly launch a 70MW solar project in Malaysia, with total investment reaching NT$1.1 billion. At the same time, Green Rock is collaborating with clients in Thailand to develop integrated solar, biomass, and energy storage projects—demonstrating its cross-technology integration capabilities.

More notably, Green Rock aims to further enhance its ability to build regional power grids, moving beyond a pure generation role toward the demand side. By helping corporate users establish self-generated, self-consumed, and self-managed energy networks, the company is positioning itself as a comprehensive energy solutions provider.

According to the company, a growing number of suppliers in Southeast Asia are shifting toward the CPPA model, signaling that the “affordability of green power” will accelerate user adoption of renewable energy. While competition remains intense and target markets often overlap, Green Rock differentiates itself by maintaining a technology-driven focus—delivering more affordable green electricity tailored to local needs.