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Hanergy Thin Film Power Group

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uuid002vfwo

Namestring
Hanergy Thin Film Power Group
Legal namestring
Hanergy Thin Film Power Group
Websiteurl
en.hanergythinfilmpower.com
Company typeenum
Private
Founded yearint
1998
Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersBeijing, China
HQ citystring
Beijing
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
thin-film solar equipment, turnkey production lines, solar manufacturing systems, photovoltaic production equipment, thin-film power technology
Industry3 codes
1Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film)
CodeEUAMAHAAPrimaryYes
2Solar PV Module Manufacturing (Cells, Modules, Thin-Film)
CodeEUAMABADPrimaryNo
3Solar Inverters, Power Optimizers & MLPE Manufacturing
CodeEUAMAHABPrimaryNo
NAICS code1 code
  • Electrical Equipment Manufacturing3353
SIC code1 code
  • Special Industry Machinery (No Metalworking Machinery)3550
Product category
Thin-Film Photovoltaic Manufacturing Equipment
No data
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Hanergy Thin Film Power Group engages in the development and design of turnkey production lines for thin-film power generation. The company provides complete manufacturing systems used to produce thin-film photovoltaic modules and related power generation equipment.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Turnkey Thin-Film Power Generation Production Lines
CategoryThin-Film Photovoltaic Manufacturing Equipment
Description

Complete, integrated production lines designed for the manufacture of thin-film power generation equipment, intended for solar/photovoltaic manufacturers and energy companies seeking ready-to-operate manufacturing capacity.

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers10 records
1First Solar
TypeBroad incumbent
Description

Largest CdTe thin-film module manufacturer globally; operates its own captive production lines. Comparable because it represents the principal downstream buyer of thin-film production technology and a benchmark for thin-film manufacturing economics.

2Applied Materials
TypeBroad incumbent
Description

Global leader in semiconductor and display manufacturing equipment, including thin-film deposition (PVD, CVD) tools used in PV and thin-film solar fabs. Comparable as a vendor of thin-film process equipment to solar cell/module manufacturers.

3SINGULUS TECHNOLOGIES
TypeDirect peer
Description

Supplies production equipment for optical disc, semiconductor, and solar applications, including vacuum coating and thin-film deposition systems. Comparable as a thin-film deposition equipment specialist.

4Beijing Sevenstar Electronics
TypeRegional player
Description

Chinese semiconductor and PV equipment manufacturer supplying diffusion, deposition, and automation equipment to solar cell manufacturers in China. Comparable as a domestic Chinese supplier of production equipment for PV fabs.

5Manz AG
TypeDirect peer
Description

German equipment supplier offering integrated production lines for solar cells and modules, including CIGS thin-film lines. Directly comparable as a turnkey thin-film solar production-line integrator.

6Centrotherm International
TypeDirect peer
Description

German specialist in turnkey production lines and equipment for solar cell manufacturing, including thin-film and crystalline technologies. Directly comparable as a turnkey PV fab equipment supplier.

7Suzhou Maxwell Technologies
TypeEmerging player
Description

China-based supplier of automation and process equipment for solar cell and module manufacturing. Comparable as an emerging domestic competitor in the Chinese PV equipment market.

8Von Ardenne
TypeDirect peer
Description

Provides vacuum thin-film deposition and coating equipment used in solar, glass, and battery manufacturing. Directly comparable as a thin-film process equipment vendor serving PV manufacturers.

9Solar Frontier (now ENEL Green Power)
TypeBroad incumbent
Description

Was the largest CIS thin-film module producer globally before transitioning out of manufacturing to ENEL. Comparable as a historical operator of large-scale thin-film production capacity that consumed similar production-line technology.

10Mitsubishi Heavy Industries (Mitsubishi Electric thin-film PV)
TypeBroad incumbent
Description

Diversified industrial conglomerate with historical involvement in thin-film PV module production and related process technology. Comparable as an established player that has operated thin-film solar manufacturing lines.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat1 record

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights3 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Hanergy Thin Film Power Group

Thin-Film Photovoltaic Manufacturing Equipmenten.hanergythinfilmpower.com

Hanergy Thin Film Power Group firmographics

Firmographics
Name
Hanergy Thin Film Power Group
Legal name
Hanergy Thin Film Power Group
Website
https://en.hanergythinfilmpower.com
Company type
Private
Founded year
1998
Operating status
Operating
Ownership category
akta.pro rank

Hanergy Thin Film Power Group industry classification

Industry
Product category
Thin-Film Photovoltaic Manufacturing Equipment
NAICS
Electrical Equipment Manufacturing (3353)
SIC
Special Industry Machinery (No Metalworking Machinery) (3550)
akta.pro primary industry
Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film) (EUAMAHAA)
akta.pro secondary industries
Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD), Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB)

Keywords

  • Thin-film solar equipment
  • Turnkey production lines
  • Solar manufacturing systems
  • Photovoltaic production equipment
  • Thin-film power technology

Where Hanergy Thin Film Power Group is headquartered

Location

Headquarters

HQ city
Beijing
HQ country
China
HQ region
Asia

Markets served

Hanergy Thin Film Power Group business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing

Hanergy Thin Film Power Group product offering

Product offering

Core offering

Hanergy Thin Film Power Group engages in the development and design of turnkey production lines for thin-film power generation. The company provides complete manufacturing systems used to produce thin-film photovoltaic modules and related power generation equipment.

Differentiator

Problem solved

Functional benefit

Products and services

  • Turnkey Thin-Film Power Generation Production Lines Complete, integrated production lines designed for the manufacture of thin-film power generation equipment, intended for solar/photovoltaic manufacturers and energy companies seeking ready-to-operate manufacturing capacity.

Companies that use Hanergy Thin Film Power Group

Customer profile

Ideal customer profiles1 record

Hanergy Thin Film Power Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Hanergy Thin Film Power Group partnerships and signals

Strategic signal

Recent moves2 records

Expansion highlights1 record

Hanergy Thin Film Power Group competitors and assessment

Company assessment

Broad incumbents

  • First Solar: Largest CdTe thin-film module manufacturer globally; operates its own captive production lines. Comparable because it represents the principal downstream buyer of thin-film production technology and a benchmark for thin-film manufacturing economics.
  • Applied Materials: Global leader in semiconductor and display manufacturing equipment, including thin-film deposition (PVD, CVD) tools used in PV and thin-film solar fabs. Comparable as a vendor of thin-film process equipment to solar cell/module manufacturers.
  • Solar Frontier (now ENEL Green Power): Was the largest CIS thin-film module producer globally before transitioning out of manufacturing to ENEL. Comparable as a historical operator of large-scale thin-film production capacity that consumed similar production-line technology.
  • Mitsubishi Heavy Industries (Mitsubishi Electric thin-film PV): Diversified industrial conglomerate with historical involvement in thin-film PV module production and related process technology. Comparable as an established player that has operated thin-film solar manufacturing lines.

Direct peers

  • SINGULUS TECHNOLOGIES: Supplies production equipment for optical disc, semiconductor, and solar applications, including vacuum coating and thin-film deposition systems. Comparable as a thin-film deposition equipment specialist.
  • Manz AG: German equipment supplier offering integrated production lines for solar cells and modules, including CIGS thin-film lines. Directly comparable as a turnkey thin-film solar production-line integrator.
  • Centrotherm International: German specialist in turnkey production lines and equipment for solar cell manufacturing, including thin-film and crystalline technologies. Directly comparable as a turnkey PV fab equipment supplier.
  • Von Ardenne: Provides vacuum thin-film deposition and coating equipment used in solar, glass, and battery manufacturing. Directly comparable as a thin-film process equipment vendor serving PV manufacturers.

Regional players

  • Beijing Sevenstar Electronics: Chinese semiconductor and PV equipment manufacturer supplying diffusion, deposition, and automation equipment to solar cell manufacturers in China. Comparable as a domestic Chinese supplier of production equipment for PV fabs.

Emerging players

  • Suzhou Maxwell Technologies: China-based supplier of automation and process equipment for solar cell and module manufacturing. Comparable as an emerging domestic competitor in the Chinese PV equipment market.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights3 records

Customer concentration

Hanergy Thin Film Power Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hanergy Thin Film Power Group leadership team

Management profile

Number of profiles

Hanergy Thin Film Power Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Hanergy Thin Film Power Group M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Hanergy Thin Film Power Group

What does Hanergy Thin Film Power Group do?

Hanergy Thin Film Power Group engages in the development and design of turnkey production lines for thin-film power generation. The company provides complete manufacturing systems used to produce thin-film photovoltaic modules and related power generation equipment.

When was Hanergy Thin Film Power Group founded?

Hanergy Thin Film Power Group was founded in 1998.

Where is Hanergy Thin Film Power Group based?

Hanergy Thin Film Power Group is headquartered in Beijing, China, in the Asia region.

Who are Hanergy Thin Film Power Group's main competitors?

Broad incumbents on record are First Solar, Applied Materials, Solar Frontier (now ENEL Green Power) and Mitsubishi Heavy Industries (Mitsubishi Electric thin-film PV). Direct peers are SINGULUS TECHNOLOGIES, Manz AG, Centrotherm International and Von Ardenne. Beijing Sevenstar Electronics is listed as a regional player. Suzhou Maxwell Technologies is listed as an emerging player.

Does Hanergy Thin Film Power Group have an API?

No public API is recorded for Hanergy Thin Film Power Group.

What industry is Hanergy Thin Film Power Group in?

Hanergy Thin Film Power Group's product category is Thin-Film Photovoltaic Manufacturing Equipment. Its primary akta.pro industry code is EUAMAHAA, Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film), with a secondary code of EUAMABAD, Solar PV Module Manufacturing (Cells, Modules, Thin-Film). Its NAICS code is 3353 and its SIC code is 3550.

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Live signals
PR NewswireHanergy Officially Enters China's pilot Free Trade Zone in ShanghaiHanergy Mobile Energy Holding Group officially entered the New Lingang Area of the Shanghai Free Trade Zone on August 20, 2019, becoming one of the first 13 high-tech companies to receive a business license in the newly established area. The company signed an agreement with Shanghai Lingang Area Development and Construction Management Committee and Shanghai Lingang Economic Development Group on April 12, 2019, to establish a mobile energy industrial cluster, and has since set up three subsidiary companies including Shanghai MiaSolé Equipment Technology Company, Shanghai Shenxin Mobile Energy Smart Manufacturing Company, and Shanghai MiaSolé New Material Company. Hanergy plans to establish its global R&D center, global sales center, and industrial innovation platform for flexible thin-film solar power technology in the region.PR NewswireMiaSolé Flexible and Lightweight Solar Module Demonstrates Superior Resilience to Penetrative DamageMiaSol\u00e9 Hi-Tech Corp., a manufacturer of lightweight flexible thin-film photovoltaic solar modules and subsidiary of Hanergy Thin Film Power Group, announced multiple improvements in solar module design demonstrating superior durability and resilience to extreme conditions. The company conducted a penetration test showing their flexible modules sustained only a 12% power loss over two years of outdoor exposure after being struck by .23 caliber rounds. MiaSol\u00e9's latest FLEX-03W modules achieve over 17% production efficiency, measure 1.5mm thick, and are designed for building, transportation, and portable solar applications.PR NewswireHanergy Attends 10ᵗʰ Clean Energy Ministerial and 4ᵗʰ Mission Innovation Ministerial in CanadaHanergy Thin Film Power Group attended the 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial in Vancouver, Canada from May 27-29, 2019, marking its fourth participation in the forum. The company was China's sole private sector representative and the only thin-film solar company at the event, showcasing consumer products like portable solar power banks and building-integrated photovoltaic solutions such as HanTile and HanWall. Dr. Ding Jian represented Hanergy at policy roundtables, noting industry recognition of 'mobile energy' and 'SMART grid' concepts.PR NewswireHanergy présente ses solutions énergétiques d'avant-garde sur le salon Intersolar Europe 2019Hanergy Thin Film Power Group showcased its thin-film solar products and solutions at Intersolar Europe 2019 in Munich, Germany from May 15–17, 2019. The company signed strategic collaboration agreements with German outdoor equipment maker Deuter to co-develop solar backpacks and with German umbrella manufacturer Bahama to co-develop solar-powered umbrellas for the global market. Hanergy also launched its flexible modules and HanTile BIPV product in Sweden, backed by a one-million-dollar distribution agreement with Sun Lion Solar Ltd, and reported plans to conclude deals with approximately 85 potential clients representing a total capacity of 380 MW.PR NewswireHanergy präsentiert ihre zukunftsweisenden Energielösungen auf der Messe Intersolar Europe 2019Hanergy Thin Film Power Group (0566.HK) showcased its latest solar energy solutions at Intersolar Europe 2019 in Munich from May 15–17, 2019, presenting products including BIPV tiles, portable solar power banks, solar backpacks, and solar umbrellas. The company signed strategic cooperation agreements with German partners Deuter and Bahama for co-branded solar backpacks and solar-powered umbrellas, and closed a $1 million distribution agreement with Sun Lion Solar Ltd for its HanTile BIPV product in the Swedish market. Hanergy reported engaging with nearly 85 potential customers representing a combined 380 MW in business opportunities during the three-day event.PR NewswireHanergy Showcases its Pioneering Energy Solutions at the Intersolar Europe Exhibition 2019Hanergy Thin Film Power Group showcased its thin-film solar solutions at the Intersolar Europe Exhibition in Munich, Germany from May 15-17, 2019, featuring products including portable solar power banks, solar backpacks, solar-powered parasols, and building-integrated photovoltaic solutions. The company signed strategic cooperation contracts with German companies Deuter and Bahama to co-design and develop solar backpacks and solar-powered parasols respectively, alongside a USD 1 million distribution agreement with Sun Lion Solar Ltd to introduce its HanTile flexible modules in the Swedish market. Hanergy reported receiving over 5,000 visitors from 160 nations and indicated plans to close deals totaling approximately 380 MW with potential customers.PR NewswireHanergy Bags Illustrious Red Dot Award: Product Design 2019Hanergy Thin Film Power Group (00566.HK) won the Red Dot Award in the Product Design category on March 25, 2019, for its HanPower Plus in portable solar power charger at the prestigious German design competition. The award evaluated over 5,500 products from designers and manufacturers across 55 countries, with Hanergy's product recognized for its 18.7% conversion efficiency using PowerFlexCIGS flexible thin film technology. The company, which earlier in April 2019 also secured four iF Design Awards, continues to position itself as a leader in mobile energy solutions with products including solar backpacks, umbrellas, and building-integrated solar solutions.PR Newswire"Technology & Design Innovation" Drives Continual Growth in Hanergy's Annual ResultsHanergy Thin Film Power Group Limited reported its annual results for 2018, showing a revenue increase to HKD 21.3 billion, which is about 2.45 times that of 2017, and a net profit of HKD 5.2 billion, an 18.9 times jump year-on-year. The company's strategic focus on technology innovation and expansion into mobile energy applications has led to a significant market presence and ongoing growth, with plans to develop further projects in collaboration with various countries.PR NewswireHanergy's Innovative Thin-Film Solar Products Celebrate Winning Multiple iF Design AwardsHanergy Mobile Energy Holding Group, the world's largest thin-film solar power solution company, won four 2019 iF Design Awards at a ceremony in Munich, Germany on March 15, including a Gold Award for its Single-Glass Triple-Arch HanTile rooftop solar solution. Since launching HanTile in 2018, Hanergy has secured significant commercial contracts including a US$130 million deal in Japan, US$10 million in Malaysia, and US$8 million in South Korea. The award committee recognized the HanTile for combining traditional aesthetics with advanced thin-film solar technology capable of making buildings energy-self-sufficient.PR NewswireHanergy Launches Country's Largest Thin-film Solar Power Industrial Park in the NetherlandsHanergy Thin Film Power Group officially launched the Roodehaan solar park in Groningen, Netherlands, marking the country's largest thin-film solar industrial project. The 11.4 Megawatt facility, developed by Hanergy Europe in cooperation with Solar Energy Works and supplied with modules from subsidiary Solibro, generates electricity equivalent to 3,500 households annually.