Hangzhou Sunny Energy Science & Technology Co., Ltd.

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Hangzhou Sunny Energy Science & Technology Co., Ltd. - overview

Established

2001

Location

Hangzhou, Zhejiang, China

Primary Industry

Renewable Energy

About

Based in Hangzhou, China, and established in 2001, Hangzhou Sunny Energy Science & Technology Co. , Ltd. is a renewable energy company that focuses on photovoltaic power generation, which has won National High Tech Enterprise, National Torch Program Key High Tech Enterprise, etc. It has a wholly-owned subsidiary Zhejiang Jinbei Energy Technology and a Smart Energy R&D Center.


The company has established partnerships with State Power Investment Group Corporation and Three Gorges Capital Holding. In September 2017, it raised a strategic investment of CNY 347. 5 million. The company is committed to the research and development, production, sales, and service of integrated rooftop photovoltaic power generation systems, distributed photovoltaic power generation systems, and other related products.


Its Photovoltaic Building Integrated Rooftop Power Generation System can be used for industrial and civil building roof engineering. The revenue and net income of the company in 2016 were CNY 992. 917 million and CNY 120. 268 million, respectively.


Current Investors

Hangzhou Qiyin Venture Capital, Hangzhou Gangyin Investment Management, Orient Bangxin Capital

Primary Industry

Renewable Energy

Sub Industries

Electric Utilities, Power Generation Equipment & Services, Solar Power

Website

www.sunsolax.com

Verticals

Clean Technology

Company Stage

Early Stage

Total Amount Raised

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Hangzhou Sunny Energy Science & Technology Co., Ltd. - financials

Fiscal Year EndedDec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016
Revenue (USD)359,607,938.2---
% Revenue Growth (YoY)----
EBITDA (USD)2,468,596.8---
Operating Income (USD)(7,186,180.1)---
Operating Margin(2.0%)---
% EBITDA Margin0.7%---
NET Income (USD)(7,820,536.9)---
% Net Margin(2.2%)---

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