Shunfeng International Clean Energy

What Shunfeng International Clean Energy does

Shunfeng International Clean Energy Limited (SFCE, stock code 01165) is a Hong Kong-listed, vertically integrated solar energy company building and operating assets across the full PV value chain — from silicon wafers and cells to modules, centralized PV power plants, and household distributed PV systems via the Suntech-Yijia (尚德益家) sub-brand. Manufacturing and engineering are concentrated in mainland China across Wuxi, Luoyang, Changzhou, and Shanghai, with the corporate headquarters in Hong Kong and historical market reach into India and Japan via Wuxi Suntech and Suntech Power Japan. The group also retains LED/optoelectronics and monitoring adjacencies through former subsidiary Lattice Power (since divested in 2020) and Meteocontrol Intelligent Technology (Shanghai).

The company generates revenue through three primary streams: hardware sales of solar wafers, cells, and modules (including the legacy Suntech brand); managed-services revenue from developing, constructing, and operating centralized PV power plants; and hardware sales of distributed residential PV systems. Go-to-market is direct enterprise B2B field sales targeting utilities and clean energy project developers, with no disclosed consumer retail channel; pricing is quote-based and not publicly disclosed. The group sells to the Clean Energy Industry / Utilities segment and reports total power generation of 6,283,788 units (unit unspecified).

Operationally, the group is structured around wholly-owned subsidiaries including Jiangsu Shunfeng Photovoltaic Technology, Wuxi Suntech Power, Changzhou Shunfeng Photoelectric Material, Luoyang Suntech-Power, ShunFeng Photovoltaic Investment (China), and Meteocontrol Intelligent Technology (Shanghai). Revenue is not disclosed in available filings. The company has undergone a series of disposals (Lattice Power in 2020, a subsidiary in 2021, terminated VSD in 2022), multiple CEO changes (2019 and 2024), disclaimer-of-opinion filings, and — most materially — was placed into court-ordered winding-up with a provisional liquidator appointed and trading suspended on 19 November 2025, rendering the company's forward operating posture effectively uncertain.

Name

Shunfeng International Clean Energy

Legal name

Shunfeng International Clean Energy Limited

Website

https://en.sfcegroup.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Shunfeng International Clean Energy is a Hong Kong-listed (01165) vertically integrated solar company manufacturing wafers, cells, and modules and operating centralized and distributed PV power plants for utilities and residential customers across China, with historical reach into India and Japan.

Ownership category

akta.pro rank

Product category

Solar Photovoltaic Manufacturing

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric, Gas & Sanitary Services (4900), Semiconductors & Related Devices (3674)

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), Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)

Keywords

• Solar PV manufacturing
• Photovoltaic modules
• Solar wafers and cells
• Centralized PV power plants
• Distributed rooftop solar

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Solar Module Manufacturing and Sales: Manufacturing and sale of solar wafers, cells, and modules as physical products to enterprise customers in the solar energy industry
2. PV Power Plant Operations: Development, construction, and ongoing operation of solar photovoltaic power plants generating electricity for utility grids
3. Household Distributed PV Systems: Installation and operation of distributed photovoltaic systems for residential properties

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Shunfeng International Clean Energy is a vertically integrated solar PV company that manufactures crystalline silicon wafers, solar cells, and solar modules and uses them to develop and operate centralized PV power plants, distributed rooftop PV systems for households, and LED photoelectric products. The company also provides remote monitoring and O&M services for its installed PV plants, with manufacturing facilities in Wuxi, Luoyang, Changzhou, and Shanghai and corporate headquarters in Hong Kong.

Product overview

Shunfeng International Clean Energy Limited (SFCE) is a Hong Kong-listed company (Stock code 01165) operating as an integrated supplier across the solar energy value chain. The company offers a comprehensive portfolio including Solar Wafers, Solar Cells, Solar Modules (including the Suntech brand), LED Photoelectric products, Maintenance and Monitoring services, Centralized PV Power Plants, and Household Distributed PV Power Plants (via the 尚德益家/Suntech Yijia brand). The Group is mainly engaged in solar power generation, forming a new energy enterprise with a whole industrial chain of solar energy, including PV power plant construction and operation, solar energy product production and manufacturing, and solar energy storage and optoelectronics integration. Key subsidiaries include Wuxi Suntech Power Co., Ltd. (renowned solar module manufacturer), Jiangsu Shunfeng Photovoltaic Technology Company Limited, Jingneng Photovoltaic (Jiangxi) Co., Ltd., ShunFeng Photovoltaic Investment (China) Co., Ltd., and Meteocontrol Intelligent Technology (Shanghai) Co., Ltd. The company reported total power generation of 6,283,788 units.

Differentiator

Problem solved

Functional benefit

Brands

• 尚德益家 (Suntech-Yijia): Distributed PV power plant products and solutions brand under Wuxi Suntech

Products and services

• Solar Wafer Upstream product in Shunfeng's PV value chain — crystalline silicon wafers produced for internal cell fabrication and external sale.
• Solar Cell Midstream product — solar cells fabricated from in-house wafers for internal module assembly and external sale to module makers.
• Solar Modules Finished solar PV modules assembled from in-house cells and sold to utilities, EPC contractors, and distributed-system installers, as well as used in the company's own power plants.
• Centralized PV Power Plants Utility-scale solar PV power plants developed, constructed, and operated by Shunfeng, intended for utilities and grid-connected power generation.
• Household Distributed PV Power Plants Distributed rooftop PV systems sold and installed at the household level for residential self-consumption and feed-in tariff revenue.
• LED Photoelectric Products LED photoelectric / optoelectronic products produced and sold by the company as a complementary clean-energy lighting offering.
• Maintenance and Monitoring Services for PV Plants Remote monitoring, operations, and maintenance services for installed solar PV plants, supporting both the company's own projects and external plant owners.

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• LONGi Green Energy Technology: The world's largest vertically integrated solar manufacturer (wafers, cells, modules). Directly comparable to Shunfeng across the same wafer-to-module stack and competing in the same Chinese and global PV markets.
• JA Solar Technology: Top-tier Chinese vertically integrated solar cell and module manufacturer. Comparable to Shunfeng in cell/module production scale and global project sales channels.
• Trina Solar: Vertically integrated Chinese PV manufacturer with cells, modules, and downstream project development. Closely comparable to Shunfeng's full-stack positioning and customer base.
• JinkoSolar Holding: One of the largest global PV module suppliers with integrated cell/module manufacturing. Comparable to Shunfeng in module offerings and international utility-scale project participation.
• Canadian Solar: Vertically integrated solar manufacturer with module production and downstream project pipeline (including India). Comparable to Shunfeng's manufacturing-plus-project model and India presence.
• Hanwha Q Cells: Major global PV cell and module manufacturer with utility-scale project expertise. Comparable in cell/module product mix and grid-scale PV customer segment.
• Risen Energy: Chinese vertically integrated solar module and project developer. Comparable to Shunfeng as a mid-tier Chinese manufacturer competing on global utility-scale tenders.
• Yingli Green Energy: Historic Chinese PV module manufacturer with a similar full-stack heritage to Shunfeng's Suntech brand. Comparable in product scope and exposure to Chinese and international utility-scale markets.
• Tongwei Co., Ltd. Leading Chinese solar cell and module manufacturer with agricultural-feedstock roots and large-scale polysilicon/cell production. Comparable to Shunfeng on the cell/module manufacturing side of the stack.

Broad incumbents

• First Solar: Large global solar module manufacturer (thin-film technology) and project developer. Comparable as a broad incumbent in utility-scale PV modules and downstream power plant development, though using a different cell technology.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/shunfeng-international-clean-energy-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Shunfeng International Clean Energy