United Renewable Energy (“URE”, or “the Company”, 3576 TT), is achieving successful strategic transformation over the past year after the merger in 2018. Over the past year, URE invested and developed new business of Energy Storage System (ESS) and Hydrogen Fuel Cell (HFC) Motorcycle.
In solar business, URE focus on own-brand module and PV system after the merger. URE modules take up nearly 50% market share in Taiwan in 2018. URE provide 100 MW for the largest PV power plant project in the Changhua Coastal Industrial Park.
URE designs and develops different ESS products, such as Li-ion battery module, portable ESS, residential ESS, and industrial ESS storage. URE’s industrial ESS is the first in Taiwan to achieve UL9540.
URE successfully develops the first HFC motorcycle, a rival to 125cc fossil fuel motorcycle, and the only waste is water. HFC provide people an alternative for clean energy.

Dr. Sam Hong, Chairman of URE commented: “As the solar industry and government policy of renewable energy entered a new era, the successful company transformation of URE shows us the future of solar industry in Taiwan. With the great help from government, URE can lead Taiwan renewable energy industry to the international markets and return to glory of the technology island.”

https://www.urecorp.com