HONG KONG, Feb. 23, 2016 /PRNewswire/ -- Shunfeng International Clean Energy Limited ("SFCE" or the "company", HK stock code: 1165) today announced that it was ranked 6th in Photon Consulting's PV Triathlon for the fourth quarter of 2015, an improvement from 7th place in the third quarter of 2015.
Photon Consulting evaluates 61 leading solar companies across the world according to their financial health, profitability and cost leadership, and their strategy to give a relative indication of the long-term sustainability of each company in the PV sector. According to the PV Triathlon evaluation, SFCE was ranked 5th out of 61 companies for financial health, 9th for profitability and cost leadership, and 8th for sustainable strategy to achieve an overall ranking of 6th.
"This ranking is recognition of the sustainability of our strategy to provide full service, integrated solutions in the solar sector including PV products manufacturing, EPC and Operation & Maintenance of solar farms," said Eric Luo, SFCE's executive director and CEO. "In addition to providing integrated solar solutions, we will also continue to develop utility scale solar power plants that can be transferred to investors as standardized fixed income products. We are confident that this strategy will create value for our customers and shareholders alike."
SFCE is one of the leading developers and service providers of solar projects globally. In December 2015, SFCE signed an agreement to sell 100% equity interest in 9 solar projects to Chongqing Future Investments Co. Ltd. and SFCE currently owns and operates a portfolio of approximately 1.5GW of solar power plants in China.
About Photon Consulting
PHOTON Consulting is a research and consultancy firm focused on the fast growing global photovoltaic market within the solar power sector. PHOTON Consulting provides consulting, data, research and analysis to global clientele, allowing them to make actionable decisions and anticipate future trends in an evolving global PV sector.
Shunfeng International Clean Energy Limited (SFCE) is committed to becoming the largest low-carbon, integrated, clean energy generation provider globally. Through strategic acquisitions and integration, SFCE owns a number of well-known product and technology brands in the industry. SFCE fosters a continuous improvement in energy generation including in solar, sea water power and ground source heat pumps, combined with energy management and storage capabilities. SFCE aims to provide clean energy solutions to large scale public facilities and commercial users such as business facilities, office buildings, schools, hospitals sports stadiums and households. SFCE's energy solutions can achieve energy cost reductions of 50% - 70%, creating energy generation choices for its customers to reduce both carbon emissions and energy costs. To learn more about the company, please visit www.sfcegroup.com/en/.
SOURCE Shunfeng International Clean Energy Limited