Huasun Energy

What Huasun Energy does

Huasun Energy (Anhui Huasun Energy Co., Ltd.) is a China-based, privately held manufacturer founded in July 2020 that specializes in high-efficiency n-type heterojunction (HJT) silicon solar cells and modules. Operating from a corporate headquarters in Xuancheng, Anhui, and manufacturing subsidiaries in Hefei (Hefei Huasun Photovoltaic Technology Co., Ltd.) and Dali (Dali Huasun, 2.5 GW capacity), the company has scaled to 20 GW of annual HJT production capacity — making it the world's largest dedicated HJT manufacturer — and has delivered more than 16 GW of modules to customers in over 80 countries. Its product portfolio centers on two cell lines (Everest G12R with up to 26.2% efficiency and Himalaya G12) and a broad module family including Everest G12R, Himalaya G12, Himalaya G12 V-Ocean (offshore), Kunlun ultra-high bifaciality, Agri-PV, Color Module, and the Himalaya PLUS 760W module, alongside a recently launched integrated high-voltage energy storage system.

The company monetizes primarily through hardware sales of HJT cells and modules to utility-scale project developers, commercial and industrial (C&I) buyers, and residential rooftop installers globally. Distribution combines direct enterprise field sales to large project developers and EPC contractors with channel partners and joint ventures — notably the Saihang New Energy JV (May 2026) for China's distributed PV market and the New Time partnership for European BIPV. Revenue is supplemented by an emerging energy-storage product line. Huasun is backed by USD 571 million+ across Series B (Jan 2023, led by China National Building Material) and Series C (Nov 2023, led by China Green Development Investment Group) funding rounds, and is led by Chairman and CEO Dr. Xiaohua (Jimmy) Xu with CTO Dr. Jiahua Tian overseeing an R&D organization of 470+ core technicians and cumulative R&D investment of 548 million CNY.

Name

Huasun Energy

Legal name

Anhui Huasun Energy Co., Ltd.

Website

https://huasunsolar.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Huasun Energy is a China-based private manufacturer of high-efficiency n-type heterojunction (HJT) solar cells and modules, operating 20 GW of annual production capacity and serving utility-scale, C&I, residential, offshore, BIPV, and agrivoltaic customers across 80+ countries.

Ownership category

akta.pro rank

Product category

Photovoltaic Cells and Modules

NAICS

Semiconductor and Related Device Manufacturing (334413), Other Electronic Component Manufacturing (334419)

SIC

Semiconductors & Related Devices (3674), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)

akta.pro secondary industries

Solar Plant Components Supply & Manufacturing (Modules, Cells, Wafers, Mirrors, Heliostats) (EUACAGAK), PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)

Keywords

• Heterojunction solar cells
• HJT solar modules
• Photovoltaic manufacturing
• Bifacial solar panels
• Utility-scale solar

Headquarters

HQ city

Hefei

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Solar Module Sales: Revenue from manufacturing and selling high-efficiency HJT solar cells and modules to utility-scale projects, C&I installations, and residential applications globally.
2. Energy Storage Systems: Integrated high-voltage energy storage systems launched at WFES 2026, expanding product portfolio beyond solar modules.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Huasun Energy manufactures and sells high-efficiency n-type heterojunction (HJT) silicon solar cells and modules under product lines including Everest (G12R), Himalaya (G12), Kunlun ultra-high bifaciality, Agri-PV, Color Module, and the Himalaya PLUS 760W series. The company has vertically integrated production spanning HJT ingot, wafer, cell, and module stages at 20 GW of annual capacity, and has also introduced integrated high-voltage energy storage systems to complement its solar portfolio.

Product overview

Huasun Energy operates as the world's largest Heterojunction (HJT) solar cell and module manufacturer, offering a comprehensive vertically integrated product ecosystem. The portfolio centers on HJT technology with two cell product lines (Everest G12R and Himalaya G12) and multiple module series (Everest G12R, Himalaya G12, Himalaya G12 V-Ocean, Kunlun Ultra-high Bifaciality, Agri-PV, Color Module, and Himalaya PLUS). These products serve diverse applications including utility-scale, offshore, commercial & industrial (C&I), residential, and vertical installation scenarios. The company also recently expanded into integrated high-voltage energy storage systems.

Differentiator

Problem solved

Functional benefit

Brands

• Himalaya: High-efficiency HJT solar module series featuring G12 format cells with up to 95% bifaciality, including Himalaya G12 and Himalaya G12 V-Ocean variants
• Everest
• Himalaya PLUS
• Kunlun

Products and services

• Everest G12R HJT Solar Cell N-type HJT solar cell in G12R format (182.1mm x 105mm) with up to 26.2% maximum efficiency, 5.01W max power output, and zero-busbar (0BB) technology. Sells to module manufacturers and integrated production lines for downstream utility, C&I, and residential module assembly.
• Himalaya G12 HJT Solar Cell N-type HJT solar cell in G12 format (210.1mm x 105.05mm) with up to 25.2% maximum efficiency, 5.56W max power output, and zero-busbar (0BB) technology. Feeds Huasun's larger-format module assembly for utility-scale and large C&I applications.
• Everest G12R HJT Module Rectangular HJT module series available in 132-, 108-, and 96-cell formats using G12R half-cut rectangular wafers and zero-busbar (0BB) technology. Targets utility-scale, C&I, and residential rooftop installations with high efficiency in space-constrained sites.
• Himalaya G12 HJT Module High-power HJT module series with -0.24%/°C Pmax temperature coefficient, μc-Si technology, n-type 210mm solar cells, half-cut ingot design, SMBB/0BB technology, and up to 95% bifaciality. Sold to project developers and EPC contractors for utility-scale and C&I ground or rooftop projects.
• Himalaya G12 V-Ocean HJT Module Marine-grade HJT module based on the G12-132 design, engineered for offshore and floating PV. Features advanced material and structural optimization to withstand high humidity, strong winds, salt corrosion, and temperature fluctuations. Targets offshore PV developers and floating solar integrators.
• Kunlun G12/G12R Ultra-high Bifaciality Module Ultra-high bifaciality HJT module optimized for vertical PV installations (railway, highway, building façades) with bifaciality approaching 100% and robust durability. Maximizes morning and afternoon yield aligned with peak electricity pricing periods. Sold to specialty PV integrators and infrastructure project developers.
• Agri-PV Module Semi-transparent HJT module with approximately 32% light-transmitting area for agrivoltaic integration, designed to deliver uniform ground-level irradiance that supports healthy crop growth alongside stable energy production. Targeted at agrivoltaic developers and agricultural cooperatives combining farming with solar generation.
• Color Module Colored HJT module that combines visual aesthetics with technological performance, offering up to 80% light transmittance to the cell. Designed for aesthetic rooftops and building elements where design integration and energy efficiency are both required, for BIPV and architectural solar projects.
• Himalaya PLUS 760W HJT Module Flagship high-power HJT module featuring 760W output, 95.8% active surface area, negative cell spacing design, and 2000V system voltage compatibility that reduces balance-of-system component costs. Marketed to utility-scale and large project developers in Europe and other strategic markets.
• Integrated High-Voltage Energy Storage System Integrated high-voltage energy storage system that combines multiple technologies for solar infrastructure projects, expanding Huasun's portfolio beyond PV modules into storage for utility-scale, C&I, and infrastructure applications. Sold alongside HJT modules to project developers and EPC contractors.

Quantifiable outcome

• Up to 760W power output with 95.8% active area ratio
• +8 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Eleven partnerships are on record, tiered core, major and supporting.

• Saihang New EnergycoreStrategic or Co-development Partner · 1 May 2026Established joint venture targeting China's distributed PV market. Huasun holds minority stake while Saihang controls the JV. Combines Huasun's HJT products with Saihang's distributed PV channels and customer base for residential and C&I solar applications.
• China Heping GroupmajorStrategic or Co-development Partner · 1 April 2026State-owned enterprise with mineral resources and new energy investment focus. Strategic partnership with Dali Huasun for international and domestic orders, Phase I production recovery, equity restructuring, Phase II investment, and energy solutions including 'Space Computing' power solutions.
• Haier New EnergycoreStrategic or Co-development Partner · 1 March 2026GW-level strategic cooperation agreement and 2026 framework procurement contract. Focus on integrated renewable energy projects and zero-carbon industrial parks, with Huasun's HJT modules prioritized for projects developed together.
• China Railway Shanghai GroupmajorStrategic or Co-development Partner · 1 March 2026Consortium partner for Southeast Asian PV market expansion. Brings international engineering management experience, technical implementation, and local resource integration for project fulfillment. First project: 400MW centralized grid-connected PV plant in Laos.
• Zheshang Development Group (ZSDG)majorStrategic or Co-development Partner · 1 March 2026Consortium partner providing global PV procurement, supply chain finance, logistics, and customs clearance expertise for Southeast Asian market expansion including 400MW Laos project.
• TBEA GroupmajorStrategic or Co-development Partner · 1 March 2026Consortium partner leveraging global expertise in power equipment manufacturing and new energy system solutions for Southeast Asian PV market projects.
• Datang Sichuan PowercoreStrategic or Co-development Partner · 1 March 2026Joint innovation collaboration on high-altitude 2000V systems including vertical modules, 1500V and 2000V systems for Danba Bottom Photovoltaic Project. Collaboration with Huawei, CRRC, Longi, and Tongwei.
• Aiko SolarsupportingStrategic or Co-development Partner · 1 March 2026Joint 2.5 GW+ photovoltaic orders across Asia and Europe. Aiko secured 120 MW project in Czech Republic. Demonstrates shift towards advanced HJT and ABC modules in large-scale renewable projects.
• Waltz Solutions & ServicessupportingStrategic or Co-development Partner · 1 January 2026Strategic cooperation agreement signed at WFES 2026 for solar infrastructure projects collaboration.
• Optimum TrackersupportingStrategic or Co-development Partner · 1 January 2026Strategic cooperation agreement signed at WFES 2026 for solar tracking technology collaboration.
• New Time (Italy)coreStrategic or Co-development Partner · 1 November 2025Deepening cooperation on HJT technology and Building Integrated Photovoltaics (BIPV) in Europe. Focus areas include localized manufacturing, customized BIPV solutions, and agrivoltaic product innovation.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• LONGi Green Energy Technology: World's largest monocrystalline silicon and solar module manufacturer. Competes directly with Huasun across utility-scale PV modules while running a broader multi-technology roadmap (TOPCon, BC, HPBC) — Huasun's pure-HJT focus is the key differentiation.
• JinkoSolar: One of the world's largest vertically integrated solar module manufacturers with TOPCon leadership. Targets the same utility-scale, C&I and residential customers as Huasun, and competes on LCOE and global distribution.
• Trina Solar: Top-5 global PV module manufacturer with vertically integrated cell+module capacity and strong n-type TOPCon roadmap. Competes with Huasun across all major geographies and customer segments.
• JA Solar Technology: Major Chinese vertically integrated solar cell/module producer with strong global distribution. Competes on cost, scale, and TOPCon/Bycium+ cell technologies versus Huasun's HJT-only stack.
• Tongwei Solar: World's largest polysilicon producer and a top-tier solar cell/module manufacturer. Competes with Huasun at both the cell manufacturing stage and across module markets, and is a key silicon supplier/competitor.
• Risen Energy: Vertically integrated Chinese PV module maker with global utility-scale footprint and HJT/TOPCon investments. Competes with Huasun in large project bids, particularly in Asia and Europe.

Direct peers

• Aiko Solar: Chinese solar cell/module manufacturer specializing in n-type ABC cells, a competing next-gen architecture to HJT. Already a Huasun partner on 2.5 GW+ joint orders in Asia/Europe, making Aiko both a competitor and collaborator in the n-type cell race.
• Meyer Burger Technology: European-headquartered HJT and TOPCon module manufacturer focused on premium utility-scale and rooftop segments. Direct technology peer to Huasun in HJT, though at smaller scale and focused on EU/US production.
• REC Solar (RECsunnow): Singapore-headquartered module manufacturer with strong HJT heritage (REC Alpha series). Competes in premium residential and commercial rooftop markets where Huasun's Everest and Himalaya modules also play.

Emerging players

• Hevel Solar: Russian HJT cell and module manufacturer with smaller scale. Relevant as a technology peer in HJT but geographically distinct from Huasun's core Asia/Europe markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/huasunhjt
• YouTubeyoutube.com/@huasunhjt
• Facebookfacebook.com/huasunhjt
• LinkedInlinkedin.com/company/huasun
• Instagraminstagram.com/huasunhjt

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors23 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Huasun Energy