Chint Anneng

Chint Anneng

Provider of renewable energy equipment and solution services.

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CNY2.0b

Series C
Total Funding000k
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Chint Anneng Digital Power (Zhejiang) Co., Ltd. operates as a consumer-facing, integrated energy services company within the broader Chint Group. Founded in 2015, the firm was established to capitalize on China's growing rural solar market, aligning with national strategies like "2060 Carbon Neutrality" and "Rural Revitalization". The company focuses on providing rural users with comprehensive solutions for rooftop photovoltaic (PV) systems. This encompasses cooperative development, sales, surveying, design, installation, and after-sales operation and maintenance.

Chint Anneng functions as a key component of its parent, Chint Group, which was founded in 1984 by Nan Cunhui. Nan Cunhui's journey began with a small, 50,000 yuan investment from shoe-repair work, initially establishing the Yueqing Switch Factory. This evolved into the Chint Group, a major player in electrical equipment and, since 2006, the photovoltaic sector. Chint Anneng itself was incorporated in 2015 to specifically explore the residential PV market. The company has demonstrated significant growth, with its PV sector's annual growth rate exceeding 100% in the three years leading up to 2023, making it the largest growth engine for the group. By the end of 2023, Chint Anneng had served over 1.3 million users.

The company's primary business model revolves around providing full-service rooftop solar solutions, particularly in underserved rural markets. It offers various application scenarios and business models, including a "Golden Lease" option where a partner company invests in the power station, and Chint Anneng manages development and maintenance. Under this model, homeowners provide their roofs for an 18-year lease, receiving a share of the guaranteed power generation income with zero capital investment. Revenue is generated through these comprehensive service packages, project development, construction, and operation. Beyond residential solar, the company's business areas include smart operation and maintenance services and intelligent microgrid services. Chint Anneng also operates an e-commerce platform, Anneng Mall, which leverages its rural sales channels to sell consumer goods and create continuous user engagement.

Chint Anneng provides turnkey EPC (Engineering, Procurement, and Construction) services for PV projects, handling everything from design and civil works to final commissioning. The firm has delivered projects globally in over 40 countries, including large-scale solar farms and integrated solutions like Agrivoltaics (PV+Agriculture), PV+Forestry, and PV+Aquaculture. For residential clients, the service includes customized system design to maximize energy generation, whether through standard rooftop installations or integrated solutions like solar sunrooms. The company utilizes advanced, high-efficiency solar modules, including N-type TOPCon modules from its parent group, in its installations. A key feature is its after-sales service, which includes system monitoring and maintenance checks to ensure long-term performance.

Keywords: residential solar, rooftop PV systems, clean energy solutions, EPC services, rural energy, distributed generation, photovoltaic systems, solar power development, smart microgrid, energy storage, Agrivoltaics, Chint Group, solar project construction, renewable energy equipment, solar leasing, C-end energy service, solar O&M, solar farm development, zero-carbon solutions, sustainable energy, China solar market

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