Shunfeng International Clean Energy

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Shunfeng International Clean Energy Limited

logo
legal form Limited
ISIN KYG8116S1057
founding 2005
Seat Wuxi , People's Republic of ChinaChina People's RepublicPeople's Republic of China 
management
  • Zhang Yi (Chairman)
  • Luo Xin ( CEO )
Number of employees 7,039
sales 7032000000 yuan (861 million euros )
Branch Photovoltaics
Website www.sfcegroup.com
As of December 31, 2015

Shunfeng International Clean Energy (SFCE) is a Chinese photovoltaic manufacturer and system operator. It was founded in 2005 as Jiangsu Shunfeng Photovoltaic Technology and has been listed on the stock exchange under its current name since 2011. The company is officially registered in the Cayman Islands .

In 2014 Shunfeng took over the at least equally large competitor Suntech Power (Wuxi Suntech) as well as the German companies SAG Solarstrom (with meteocontrol ) and Sunways .

In addition, Shunfeng has a 63% stake in the American Suniva , 59% in the LED manufacturer Lattice Power , 30% in Powin Energy and 25% in Everpower .

Shunfeng owns solar parks with an installed capacity of 1,780 MW , mainly in the Chinese provinces of Gansu , Xinjiang and Ningxia .

Shunfeng issued a profit warning for 2016 because several subsidiaries posted losses and solar parks with several hundred MW could not be connected to the Chinese power grid.

Individual evidence

  1. a b Board and Committees - ED
  2. a b c d Annual Report 2015 (English)
  3. www.sf-pv.com: History
  4. ^ Wuxi Suntech
  5. Takeover of SAG Solarstrom by Shunfeng completed , October 31, 2014
  6. SAG Solar
  7. Sunways
  8. Suniva to expand US manufacturing capacity on back of $ 57 million Shunfeng acquisition , August 13, 2015
  9. SFCE Secures Ownership Stake in Lattice Power, Investing in the Gallium Nitride Innovator , March 24, 2015
  10. powin Energy
  11. Ever Power
  12. Shunfeng warns of YOY 80% profit decrease , July 20, 2016