


Hongyuan Green Energy Co., Ltd. (referred to as HY SOLAR ), founded in 2002 and headquartered in Wuxi, China, has established itself as a global leader in the green energy sector. The company was listed on the Main Board of the Shanghai Stock Exchange in 2018 (stock code: 603185). As a comprehensive green energy innovation group, HY SOLAR focuses on three core business segments: high-end equipment, full-industry-chain photovoltaic (PV) products, and energy storage. Through integrated industrial deployment and continuous technological innovation, the company has built a strong global competitive presence.
With total assets approaching RMB 30 billion, HY SOLAR operates six modern industrial bases strategically located in Inner Mongolia, Jiangsu, Anhui, and other key regions. The company has developed a large-scale production capacity matrix that includes 150,000 tons of industrial silicon, 100,000 tons of polysilicon, 55 GW of silicon wafers, 26 GW of solar cells, 26 GW of modules, and 5 GWh of energy storage. This enables a fully vertically integrated PV industry chain alongside coordinated development across diverse energy storage applications.
HY SOLAR has strategically acquired the renowned PV brand Suntech, integrating its over 20 years of global brand influence and channel resources to accelerate international expansion. The company has since established regional headquarters in Singapore, Germany, the United Arab Emirates, Australia, and Brazil, with a business network spanning nearly 100 countries and regions. This global footprint supports an international operating system characterized by strong local presence and extensive global reach.
Recognized for its advanced industrial layout, robust technological capabilities, and strong commitment to sustainability, HY SOLAR has been repeatedly named among the Top 500 Chinese Manufacturing Enterprises, the Global New Energy 500, and the Hurun China Top 100 Private Energy Companies. The company has also been honored as a Forbes China Sustainable Innovation Enterprise, with its brand influence and industry leadership ranking among the forefront of the global green energy industry.
Looking ahead, HY SOLAR remains committed to its development strategy of “Technology-Driven HY SOLAR, Intelligent Service Solutions” and its corporate vision of “Making Energy Cleaner, Making the World Better.” By driving industrial upgrading through innovation and expanding globally to connect the future, HY SOLAR is dedicated to building a world-class new energy innovation group defined by technological empowerment, green leadership, and intelligent synergy - contributing to the global energy transition and sustainable development.
Founded in 2002
Listing on SSE
Ranked 185th of
2024 Global Top 500 New Energy Enterprises
Equipment, silicon material, PV wafer, cell, module and Storage
Revenue in 2024
Total assets in 2024
Employees
Integrated N-type PV industry capacity















"HY SOLAR" has continued to strengthen its independent R&D and innovation capabilities in the field of new energy. lt has its own technical advantages in every field of the photovoltaic industry, thanks to its technical resources and high-end talent reserve, and has received multiple industry accolades.
R&D input in 2024
R&D Cost Proportion in 2024
National patent authorizations
Jiangsu Provincial high-tech products
Provincial & ministerial Sci-Tech Awards
International product certifications
High-end Equipment Intelligent Manufacturing Base
Industrial Silicon Intelligent Manufacturing Base
Polysilicon Intelligent Manufacturing Base
PV Wafer Manufacturing Base
PV Cell Manufacturing Base
PV Moudle Manufacturing Base
Intelligent Energy Storage Manufacturing Base
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