GreenRock Energy (7833) announced that its subsidiary, Gorilla Energy Trading, has officially launched a large-scale renewable electricity procurement initiative, with an initial target capacity of 200MW. The initiative is further strengthened through collaboration with ES Energy, which is currently negotiating an additional 60MW project pipeline. Together, the two brands under the GreenRock Energy group are advancing a combined market deployment totaling 260MW, demonstrating the Group's strong capability in accelerating the integration of renewable energy resources.
The initiative is centered on GreenRock Energy's proprietary “Intelligent Green Power Trading Platform,” which is designed to accurately match the electricity demand of domestic and international corporate customers. In addition, through the execution of a renewable energy wheeling trust agreement with Bank SinoPac, the platform incorporates a third-party green power trust mechanism to provide power generators with enhanced cash flow security and creditor protection.
Meng-Heng Yeh, Chairman of GreenRock Energy, stated, “To further strengthen financial security and transactional trust mechanisms for power generators, we have partnered with Bank SinoPac to introduce a ‘Green Power Trust’ framework. Through third-party trust management of electricity transaction cash flows, this structure not only enhances the transparency and efficiency of renewable energy trading, but also safeguards the financial interests of all parties involved, providing power generators with a more secure and reliable cooperation model.”
For long-term partners, Gorilla Energy Trading has also introduced an industry-first “profit-sharing incentive mechanism.” Power generators entering into supply agreements with terms of five years or longer will, in addition to their existing electricity sales revenue, be eligible for long-term bonus incentives structured by the platform. This mechanism transforms power generators from conventional suppliers into strategic partners, enabling them to share in the value created through the platform’s scalable growth.
GreenRock Energy's “Intelligent Green Power Trading Platform” leverages intelligent matching mechanisms to connect electricity generation and consumption demand. The platform not only enables corporate users to procure renewable electricity more flexibly, but also effectively reduces surplus electricity ratios for power generators, thereby improving overall electricity sales efficiency and revenue stability. Through this approach, the platform aims to establish a more transparent and scalable renewable energy trading model for the market.
Yeh further noted that, in addition to Gorilla Energy Trading, ES Energy — jointly established with Delta Energy — has also initiated its renewable electricity procurement strategy and has already accumulated 60MW in project negotiations. Moving forward, through the dual-track strategies of Gorilla Energy Trading and ES Energy, the Group will continue expanding its procurement scale and market penetration, strengthening its renewable energy integration and dispatch capabilities while providing power generators with more diversified and flexible sales options.
