TO BE THE MOST COMPETITIVEPHOTOVOLTAIC MODULE
SUPPLIER WORLDWIDE

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Contact us: marketing.astro@Astronergy.com
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FOR A GREENER WORLDContents

Tier 1

Tier 1 PV Module Maker listed by BloombergNEF

TOP Performer honored by PVEL for 7 times

Overall Highest Achiever

Pioneer in n-type TOPCon PV Modules
Pioneer and Explorer of Smart Manufacturing in PV

Company Proﬁle01-12

About CHINT Group01

About Astronergy / Sustainability Strategy

03

Globalization / Milestones

05

Brand Value / Bankability / Intelligent Manufacturing

09

R&D Strength11

Our Products

13-14

n-type TOPCon PV Modules
Applied Cases

1315-20

Utility-scale Power Stations

15

Distributed PV Rooftops

19Company ProﬁleAbout CHINT Group

21.54 Billion USD

50000+140 +Founded in 1984, CHINT Group Co., Ltd. (hereinafter referred to as "CHINT") is a global

2023 CHINT Group Revenue

Employees Worldwide

Countries and Regions Where Businesses Coverleading smart energy solutions provider. Over the past 40 years since its establishment, CHINT has always focused on industry and brand building, deeply implement-

3.02 Billion USD

8.3 Million Tons8.3 Billion kWh

PV Modules Revenue in 2022

CO2 Emissions Reduced per Year

Green Electricity Provided for the Whole Society per Yeared the strategy of "Industrialization, Technologization, Internationalization, Digitalization and Platformization", and formed three major segments of "Green Energy,Intelligent Electric and Smart Low-carbon" and two major platforms of "CHINTInternational Platform and Sci-tech Innovation Incubation Platform", and endeavoredto build up "211X" Management Capabilities, including Intelligent Electric and New
Energy Industry Cluster Capabilities, Regional Localization Capability, Middle andBackstage Integration Capability, and Innovation Incubation Capability. Its businesscovers more than 140 countries and regions, with 4 global R&D centers，6 international marketing regions, over 25 domestic and international manufacturing bases,
and a global workforce of over 50,000 employees. In 2023, CHINT's operating
revenue reached USD 22.1 billion, and CHINT has been listed among the Top 500
Chinese Enterprises for more than 20 consecutive years. CHINT Electrics (stock code:601877) is the ﬁrst A-share listed company in China with LV electrical appliances as
its main business.
CHINT continuously strengthens its "One Cloud & Two Nets" strategy, with "CHINT
Cloud" as the carrier of intelligent technology and data applications and takes thelead in building the Energy Internet of Things (EIoT) and Industrial Internet of Things(IIoT) platforms, striving to be the explorer, advocator, and practitioner in the world oflow-carbon development. With the "Green Energy, Smart Network, Load Reduction,and New Storage" service systems, CHINT sets up a platform-based enterprise, andbuilds a regional smart energy industry ecosystem. It provides a total energy
solutions package for public institutions, industrial, commercial, and end users toachieve energy conservation, carbon reduction, and accelerate the energy transition.

P 01- 02Company ProﬁleAbout Astronergy

Sustainability Strategy

Carbon Neutrality

2035
Under the CHINT Group, Astronergy is an intelligent manufacturingindustrial (C&I) PV systems and residential PV systems. Pioneered

enterprise focusing on photovoltaic cells and modules. Founded inthe mass production of n-type TOPCon PV modules and Astronergy

2006, it is one of the earliest private enterprises in China to set footkeeps leads in n-type TOPCon PV cell tech.

in the photovoltaic ﬁeld. And it is a pioneer in n-type TOPCon PVmodules.

0% Landﬁll Waste
8 Zero-carbon Factories…

With business footprints in over 140 countries and regions,2028

Astronergy has established intelligent manufacturing bases atCommitted to be the most competitive photovoltaic module

Haining in Zhejiang, Yancheng in Jiangsu, Jiuquan in Gansu,

supplier worldwide, Astronergy sets its mission to create a

Songyuan in Jilin, Fengyang in Anhui, Yiwu in Zhejiang, Yanchi insustainable and net-zero carbon world with solar power. Focusing

Ningxia, Yueqing in Zhejiang and in Thailand. It has also set up

on R&D, production and sales of high-eﬃciency crystalline siliconbranch companies and sales centers in countries like Germany,

PV cells and PV modules, Astronergy has continuously launched theSpain, the Netherlands, Poland, the United States, Canada, Brazil,

ASTRO

series100% Operation with Renewable Energy
90% Product Recycling Rate…

high-performance

Australia, Singapore, Japan, and Thailand, achieving great sales

modules. Big-size wafer tech enables both bifacial and monofacial

high-eﬃciency,high-quality,performance of Astronergy PV products in international mainstream

ASTRO series modules could be perfectly applied in various

markets of Europe, North America, Latin America, and Asia Paciﬁc.

scenarios such as utility-scale power stations, commercial &ESG Report
1st Zero-carbon Factory
…

2023

2022

76 GW

65 GW

103 GW+

88 GW+

Total GlobalShipments

2024 Estimated
PV Modules Capacity

2024 Estimated
PV Cells Capacity

2025 Estimated
PV Modules Capacity

2025 Estimated
PV Cells Capacity

P 03- 04

80 GW+

Base YearGlobalization
Astronergy product sales footprint covers more than 140 countries around the world. And it has set up branches in the UnitedStates, Germany, Australia, Canada, Singapore, Thailand, Japan and other countries to help the process of globalization and win
the full trust of customers and good reputation in the industry with credibility.

CanadaUK
the Netherlands

FengYang, China
Yancheng, China
Songyuan, China

Switzerland

Spain

USA

Jiuquan, China

Germany
PolandSouth Korea
Japan
Hangzhou, China

TurkeyGreeceIsraelEgypt

MoroccoYanchi, China
Fuyang, China

Haining, China
Yueqing, China

India

Yiwu, China

MexicoGhana
Colombia

VietnamNigeria
Cameroon
Kenya

ThailandSingapore

BrazilZambia
South Africa

Chile
Global Headquarters
Haining, China

Australia

Argentina
New ZealandGlobal R&D Center
Haining, China

Global Sales Oﬃces
Hangzhou, China

CanadaUSA

Singapore

Germany

ThailandAustralia

Japan

South Korea...

Global Sales Channels

Haining, China

Yiwu, China

Spain

MoroccoGlobal Manufacturing Bases(under construction)

Yancheng, China

Yanchi, China

the Netherlands

Chile

USA

Jiuquan, China

Fuyang, China

BrazilIsraelTurkeySongyuan, China

Yueqing, China

India

Argentina...

Fengyang, China

Thailand

PolandVietnam

Egypt

MexicoColombia...

P 05- 06

Global Manufacturing Bases(Mass Production)

Milestones

ASTRONERGY

2006

2007

2008

2012

2014

Astronergy is founded

Mass production of crystalline
silicon (c-Si) cells started

Production capacity of c-Si
modules reached 100MW

100MW module production line
in Gansu Jiuquan Manufacturing
Base was completed

Astronergy acquired Conergy module
factory and started to manufature
modules in Germany

2020

2019

2018

2016

2015

Mass production eﬃciency ofhigh-eﬃciency bifacial PERC
cell reached a new peak (23.4%）

Zhejiang Haining Manufacturing Base's
1.5GW c-Si cell and 1.5GW PV module
production lines were put into operation

The renamed productbrand (ASTRO) wasoﬃcially launchedIntelligent factory in Hangzhou was put into operation
Thailand Manufacturing Base started module production

Zhejiang Haining
Manufacturing Base wasestablished

2021

2022

2023

Jiangsu Yancheng
Manufacturing Base's ﬁrst
module rolled oﬀ theassembly line

▪ Astronergy independently operates the business of PV
modules & cells manufacturing and sales in CHINT Group▪ ASTRO N n-type TOPCon modules were launched globally▪ Astronergy pioneered in the mass production of TOPCon modules▪ Jilin Songyuan Manufacturing Base started operation▪ Astronergy launched ASTRO N7 upgraded n-type TOPCon PV modules▪ Anhui Fengyang Manufacturig Bases started operation▪ Zhejiang Yiwu Manufacturig Base started operation▪ Ningxia Yanchi Manufacturing Base started operation▪ Zhejiang Yueqing Manufacturing Base started operation▪ Yancheng Manufacturing Base got zero carbon factory certiﬁcation from TÜV Rheinland▪ Astronergy announced its Sustainability Strategy

23.4%

P 07- 08

Intelligent Manufacturing

Brand ValuePioneer and Explorer of Smart Manufacturing in PV Industry
Astronergy builds the ﬁrst PV “Intelligent Manufacturing”transparent factory

Astronergy has won
8 awards of"All Quality Matters"from TÜV Rheinland

For a long time, Astronergy
has been listed as theworld's Tier 1 PV ModuleMaker by Bloomberg NEF

82

With the automatic production line and highly information-integrated production mode, Astronergy enables themonitoring and traceability in the production process from raw materials to ﬁnished products and maintains its
leading position in smart manufacturing.

1st to Achieve Al Automatic* Supported by Big Data

* AI Quality Detection

Detection of EL Defects* Localization of* Automatic Monitoring of the* Fully Automated Production* Automatic Batching by

Production Equipment

TOP 10PV Modules
Suppliers released
by S&P Global

No. 235
in "2021 Top 500
Chinese Enterprises"

No. 1
in "China's Top 100 Private
Enterprises with Social
Responsibility" in 2022

No. 82in "2022 China's
Top 500 Private
Enterprises

China Industry
Award

China Charity
Award

Outstanding in Intelligent
Manufacturing

ASTRONERGY

For 7 years, Astronergy
has been honored by
PVEL as "TOP Performer"
among module manufacturers

Entire Process

Unmanned Vehicles* Sino-German Intelligent Manufacturing Demonstration Base* Intelligent Photovoltaic Pilot Demonstration Enterprise

Bankability
In the annual "PV Module and Inverter Bankability" released by Bloomberg New Energy Finance (BNEF),
Astronergy bankability rating has risen from seventh place on the 2022 list to sixth place on the 2023 list.
And Astronergy has been in the upper for multiple consecutive quarters in PV ModuleTech bankability
ratings report for 2023 and is rated as "A" in Q1 2024.

P 09- 10

R&D Strength
Global R&D Cooperation
Explore the "industry university research" integration mode with Shanghai Jiao Tong University, Zhejiang University, Zhejiang
University of Technology, Hangzhou University of Electronic Science and Technology, New South Wales, Chinese Academy ofSciences Ningbo Institute of Materials and other universities and research institutions, integrate global innovation resources,and promote enterprise R&D innovation and talent training. Deeply cooperate with domestic and foreign frontline equipment
and material manufacturers, carry out collaborative innovation in the industrial chain, and promote industry material innovation and industrialization.

Zhejiang University

Shanghai Jiao Tong University

Key Technologies of Low-cost andHigh-eﬃciency Solar Cells

New Tunnel PassivatedHigh-eﬃciency Solar Cell & Module Technology

Zhejiang University of Technology

Hangzhou Dianzi University

UNSW SYDNEY

High-eﬃciency Monocrystalline
PERC Cell Technology

HydrogenPassivation ProjectN-type Passivated Contact High-eﬃciency
Bifacial Crystalline Silicon Solar Cells

Accreditation Laboratory Qualiﬁcations

Scientiﬁc Projects

With strong testing capabilities, Astronergy has obtained the qualiﬁcations of20%+CNAS Laboratory, CSA Witness Laboratory, TÜV Rheinland Witness Laboratory,
Intertek "Satellite Program" Laboratory and other qualiﬁcations, and conducts
more than 30 rigorous tests internally for PV modules.

The number of R&D personnel with intermediate titles
and above at the national level accounts for more than 20%

Launched 2 Provincial-Level Frontier Innovation Projects(From 2023 to 2024)

Scientiﬁc Research Achievements

273

Utility Model
Patents

77

Invention
Patents

11Appearance
Design Patents

Talent Declaration
Zhejiang Core Energy’s Key Cooperative R&D Projects

Leading in Cell & Module Eﬃciency
The average eﬃciency of mass-production n-type TOPCon 4.0 cells reaches 26.3%

Jiaxing Leading Team on Innovation

The average eﬃciency of pilot line-production n-type TOPCon 4.0 cells achieves 26.6%,Haining Demonstration Project on Collaborative Innovation
P 11-12and the highest eﬃciency hits 26.9%

Our Productsn-type TOPCon Ultra-High Power Modules

Astronergy is a pioneer in n-type TOPCon PV modules.
ASTRO N series adopts n-type TOPCon PV cell technology, featured advanced technologies
such as multi-busbar (MBB) half-cut wafer (N7 adopts the latest SMBB half-cut wafer),non-destructive cutting, high-density encapsulation, etc., to achieve advantages such as highpower, high eﬃciency, high reliability, high power generation per watt, low BOS and low LCOE,
and can meet the needs of multiple scenarios such as utility-scale power plants, commercial
and industrial distributed power plants, and residential power plants.

15Years

Product
Warranty Period

30Years

Power
Warranty Period≤1.0%First-year
Power Degradation≤0.4%
Annual PowerDegradation

ASTRO N7

ASTRO N5625W / TOPCon 4.0 / Rectangular Wafer

600W / 183R Wafer

SMBB Tech / Light Redirecting Film For Dual-glass Products
Application Scenarios:
Utility-scale Power Stations and Distributed Power Stations
Application Scenarios:
Utility-scale Power Stations and Distributed Power Stations

ASTRO N7s

ASTRO N5s

460W / TOPCon 4.0 / Rectangular Wafer

445W / 183R Wafer

ZBB-TF Tech
Application Scenarios:
Application Scenarios:

Residential Photovoltaic Rooftops

Residential Rooftop Solar Power Systems and C&I Distributed
Solar Power Systems

P 13-14

Applied Cases

Utility-scale PV Power Stations

50MW

1050MW

15MW

550MW

200MW

89MW

Goonumbla Project
Australia

Forest-Solar Hybrid Power Station
Jiangshan, Quzhou, Zhejiang Province, China

The Largest Fishing-Solar Hybrid Project in Asia
Wenzhou, Zhejiang Province, China

165MW

Benban Solar Park Project
Egypt

48.5MW

Insua Power StationPortugal

P 15-16

China’s First Sand-Solar Hybrid Power Station
Kubuqi, Inner Mongolia, China

Claresholm Solar FarmSouthern Alberta, Canada

Utility-scale Project in Zhangjiakou
Zhangjiakou, Hebei Province, China

Utility-scale Solar Plant
Gelderland, Netherlands

Panjiang Utility-scale Solar Plant
Guanling county, Guizhou province, China

132MW

310MW

Barreiras Project
Brazil70MW

Applied Cases

Utility-scale PV Power Stations

3MW

154.4MW

1000MW

310MW

200MW

18MW

Japan Nagano Solar Park
Japan

81MW

Brazil SOL DO FUTURO Solar Park
Aquiraz, Ceará, Brazil

79MW

Dominica Soco Solar Park
Dominican RepublicChina Jiangshan Agriculture-PV Complementary Project
Quzhou, Zhejiang, China

China Kubuqi Sand-Solar Hybrid Project
Kubuqi, Inner Mongolia, China

P 17-18

China Kela Hydro-solar Complementary Power Plant
West Sichuan Plateau, China

Australia Hillston Solar Park
New South Wales, Australia

Italy Rovigo Solar Park
Italy

China Tacheng Multi-energy Complementary Project
Tacheng, Xinjiang, China

Germany Döllen Solar Farm
Brandenburg, Germany

119MW

1000MW

Depot Park-Sacramento, CAUSA

70MW

Applied Cases

Distributed Rooftop PV Power Stations* 4.2MW
Rooftop Project of Hangzhou South Railway Station
Hangzhou, Zhejiang Province, China* 4MW
Project “Million Rooftops for Zhixi”
Quzhou, Zhejiang Province, China* 23MW
C&U Group Rooftop Project
Wenzhou, Zhejiang Province, China
...

10MW

Hangzhou Civic Center Podium Roof Photovoltaic Power Station
Hangzhou, Zhejiang Province, China

10.3MW

Geely Automobile PV Rooftop Project in Linhai
Linhai, Zhejiang Province, China

10MW

Hikvision Rooftop Project
Hangzhou, Zhejiang Province, China

15MW

D&Y Textile distributed rooftop solar generation plant
Malaysia

30MW

Jintian Copper BIPV Power Station
Ningbo, Zhejiang Province, China

P 19-20

1.2MW

Roof Photovoltaic Power Station of Hangzhou East Railway Station
Hangzhou, Zhejiang Province, China