Huayi New Energy

Established in 2017, Huayi New Energy股份有限公司 positions itself as a specialized provider of green, energy-saving cooling equipment and comprehensive data center construction services. The company was founded by Chairman Zhou Li, who brings over two decades of experience in the IDC (Internet Data Center) equipment sector, having held executive roles at companies like Huada Power and Emerson Network Power (formerly Avansys). This extensive background in the data center industry directly informs the company's focus on addressing the critical issue of energy consumption in these facilities.

Huayi New Energy operates in the high-growth market of data center infrastructure, targeting clients that include data center operators, communication providers, and enterprises with large-scale computing needs. Its business model revolves around the research, development, production, sales, and installation of advanced cooling systems, generating revenue through equipment sales and providing holistic data center solutions. The company addresses a significant market need, as cooling systems can account for up to 37% of a data center's total energy consumption, making them a key target for efficiency improvements and cost reduction.

The core of Huayi's product line is its evaporative cooling technology, which utilizes the natural cooling effect of water evaporation to lower air temperatures. This method is significantly more energy-efficient than traditional compressor-based air conditioning, with the company claiming it can reduce power consumption by as much as 70%. Huayi has developed a full stack of both hardware and software, including the self-developed core heat exchangers and an AI-powered intelligent control system for optimizing performance. Its product portfolio includes a wide range of solutions like indirect evaporative cooling units, liquid cooling systems, and integrated cold stations, designed to function across diverse climates. A notable achievement is the deployment of a data center in Urumqi that utilizes 100% natural cooling throughout the year, running on just 30% of the energy required by conventional systems.

The company's trajectory has been marked by significant financial and operational milestones. After an initial A-round of several tens of millions of RMB in July 2022, led by Fresh Capital, Huayi secured a substantial Series B funding round of hundreds of millions of yuan in September 2023. This later-stage round attracted a diverse syndicate of investors, including CITIC Construction Investment Capital Management and Hongshan Fund, underscoring strong market confidence in its technology and growth prospects. The firm has also expanded its operational footprint, establishing a new base in Ganzhou, Jiangxi, to better serve the South China market.

Keywords: data center cooling, evaporative cooling, energy-efficient HVAC, green data centers, PUE reduction, thermal management solutions, indirect evaporative cooling (IEC), liquid cooling, AI-powered cooling, data center infrastructure, sustainable cooling, Zhou Li, CITIC Construction Investment, Hongshan Fund, high-density cooling, server cooling, telecom cooling, energy saving technology, cleantech, industrial cooling systems