February 23, 2018 12:10 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Hanergy Holding Group Ltd.

Company Overview

Hanergy Holding Group Ltd., through its subsidiaries, operates as a clean energy company that engages in hydropower, wind power, and thin-film solar power production. The company offers solar power products and services, including building integrated photovoltaics (PV), building attached PV, PV application products, and ground mounted PV power stations. It specializes in the research and development of core technology, manufacture of equipment for the upstream sector, production of PV cells and modules for the mid-stream sector, and production of PV system integrated solutions for the downstream sector; and production of hydropower and wind power. The company also provides consulting service...

No.O-A

Anli Road

Chaoyang District

Beijing,  100031

China

Founded in 1994

Phone:

86 10 8391 4567

Fax:

86 10 8391 4666

Key Executives for Hanergy Holding Group Ltd.

Chairman & CEO
Age: 50
Chief Executive Officer of Hanergy Global Investment & Sales Pte. Limited
Chief Scientist
Age: 90
Compensation as of Fiscal Year 2017.

Hanergy Holding Group Ltd. Key Developments

Hanergy Plans to Introduce a Solar-Powered Electric Car

Hanergy, is planning to introduce a solar-powered electric car. The electric drivetrain is built around thin-film solar panels that are capable of storing anywhere between eight and ten kilowatts of electricity after being exposed to sunlight for five or six hours. The model has a range of around 50 miles. The company stated that it can fit between 38 and 81 square feet of solar panels on a car's body, though the final figure obviously depends on the model's size.

Hanergy Holding Group Signs Agreement with Foton Motor to Jointly Develop All-Solar Vehicles

Hanergy Holding Group announced its all solar energy vehicle strategy. It has also signed a framework agreement with Foton Motor to jointly develop clean energy buses and launch four Solar-series all-solar vehicle models.

Hanergy Holding Group Launches Full Solar Power Vehicles

Hanergy Holding Group launched four full solar power vehicles at a grand ceremony themed “Disruptive Innovations Drive the Future”outside its headquarters in Beijing on July 2, 2016. Over 4,000 guests from all sectors of society attended the event. Integrated with flexible and highly efficient thin-film solar cells and modules, the full solar power vehicles with zero emissions use solar energy as its main source of driving force through a series of precise control and managing systems, including a photoelectric conversion system, an energy storage system and an intelligent control system. As Hanergy’s full solar power vehicles acquire power directly from the sun, they do not depend on charging posts and thus have no need to bother with “distance per charge” anymore, making “zero charging” possible during medium and short distance journeys. Breaking the bottleneck of poor practicality of previous solar-powered vehicles, the four launched by Hanergy are the first full thin-film solar power vehicles that can be commercialized, redefining new energy vehicles. With a conversion rate of 31.6%, Hanergy’s gallium arsenide (GaAs) dual-junction solar cell was awarded with aWorld Record Certificateby the World Record Association at the launch event. The technology had previously been recognized by the National Renewable Energy Laboratory (NREL) of the United States for its conversion rate on January 5, 2016.

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