Hexagon Peak and Huawei Sign a 200 Megawatt Cooperation Agreement

Huawei, a leading global information & communications technology and network energy solutions provider, and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, announces the signing of a cooperation agreement for Hexagon's pipeline of 200 megawatt utility scale projects in Vietnam, which estimates commercial operation date in the first quarter of 2021.

Huawei currently provides network energy products and solutions in over 170 countries, serving more than three billion people around the world. The company innovatively integrates digital information technologies such as Artificial Intelligence, Internet of Things, Big Data and Cloud Computing with photovoltaic technology to promote industry-leading smart photovoltaic solutions for utility-scale, commercial and residential scenarios. Likewise, Hexagon Peak group is active in developing and operating both - rooftop Commercial & Industrial and utility scale systems. Backed by international infrastructure investors, the group is currently developing over 1.83 gigawatt peak of solar in eight Asian countries.

We're happy to team up with Hexagon Peak to help industries save energy and reduce emissions, building a low-carbon society

This cooperation is a positive assurance towards a cleaner future with safe and feasible energy alternatives.

Commenting on this collaboration, Bruce Li, Regional Director of Huawei Smart PV Business APAC says, "We're happy to team up with Hexagon Peak to help industries save energy and reduce emissions, building a low-carbon society. Our AI-Boost FusionSolar Smart PV Solution will help reduce LCOE (Levelized cost of electricity) and accelerate the grid parity process of the Vietnammarket."

"Huawei is a company that combines all ingredients for industry leader - enormous focus on R&D, coupled with a true innovative mind set in enabling information and communication technology and IoT into smart, efficient, secure and reliable PV inverters", remarks Milan Koev, CEO, Hexagon Peak.

Dat Le, Managing Director of Hexagon Peak Vietnam adds, "We have seen data comparing Huawei operated PV plants to others using different technologies and the yield gains with Huawei smart PV technologies are obvious. Their after-sales support center in Vietnam is impressive and as asset managers, the quality of our sleeping time is determined by just a few components and reliable inverters is a key."