Huawei’s $11 Billion Clean Energy Empire Is Opening New

Best known for telecoms infrastructure, the Chinese powerhouse has quietly become part of the backbone of the global energy transition.

(Bloomberg) — Surrounded by the turquoise waters of the Atlantic and dotted with native fig trees, the archipelago of Fernando de Noronha is one of Brazil’s most coveted tourist destinations. Home to about 3,000 residents, it greets roughly 40 times that number of visitors each year, placing immense strain on an isolated power grid kept alive largely by boatloads of diesel fuel. That strain is set to ease later this year, with the installation of one of Latin America’s largest energy-storage projects.

Among the equipment suppliers is Huawei Technologies Co. Best known for its smartphones and 5G telecommunications infrastructure, the Shenzhen-based powerhouse has, in recent years, quietly positioned itself as part of the backbone of the global energy transition. Its clean-energy empire, Huawei Digital Power Technology Co., offers everything from battery storage and solar inverters to electric-car-charging services.

As the US and Europe become more hostile, emerging markets like Brazil are becoming increasingly important for the business. With sales of more than $11 billion last year, Huawei Digital Power accounts for a relatively small chunk of the parent company’s overall $126 billion revenue pile. Still, in terms of scale, it’s not far behind Tesla Inc.’s energy division or Sungrow Power Supply Co., China’s homegrown renewable energy equipment leader, both of which reported sales of about $13 billion in 2025.

The unit is also a useful

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source of diversification and growth. Since the US imposed sweeping sanctions on the company in 2019, Huawei’s cutting-edge routers and base stations have effectively been banned across much of the West, while its smartphone business, which once eclipsed Samsung Electronics Co. and Apple Inc. in global shipments, has dropped out of the world’s top five. Last year, overall revenue ticked up just 2%, the slowest in three years, while Huawei Digital Power’s revenue grew by double digits. Huawei is exploring other ways to monetize its energy business too, including a recent attempt to sell the unit to Contemporary Amperex Technology Co. Ltd. that foundered over the unit’s valuation, people familiar with the matter said. Huawei had sought at least 200 billion yuan ($29.5 billion), while CATL, the world’s biggest battery maker, valued the unit closer to 150 billion yuan, one of the people...

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