Hanergy was founded in September 1989 by , under the name Yuancheng Pulisen Investment Co., Ltd. It changed its name to Hetaihe Economic and Trade Development Co., Ltd. and then Huarui Group, before settling on Hanergy Holding Group in August 2008. After its founding in 1989, Hanergy was involved in an electronic components business. In 2000, it started the development of the Guangdong Mujing Hydroelectric Power Station, which has an in. [pdf]
It has also been the chief developer or involved in the development of more than 10 national and industry standards on solar energy. Through global technical integration and independent innovation, Hanergy has become a world leader in thin-film solar technology.
Hanergy’s plans for solar-powered vehicles and solar-powered garments largely draw on different technology developed by the US-based developers in which it has invested. Earlier this year, Hanergy agreed to establish a joint lab with bike sharing start-up Mobike, to research the use of thin film solar on bicycles.
Hanergy is one of the largest solar manufacturers in the world, specialised in thin film. It has attached great importance to investing in thin-film solar cell research. Six R&D centers have been established by Hanergy in Beijing, Sichuan, Silicone Valley of the US, and Uppsala, Sweden.
Hanergy Thin Film Power was delisted from the Hong Kong stock exchange on June 11, 2019. The Beijing Third Intermediate People's Court has confirmed that Hanergy Thin Film Power should sell its 40.48% and 10.88% mortgaged holdings in the Jinanqiao Hydroelectric Power Station.
On July 15, 2015, the Securities and Futures Commission ordered the suspension of all Hanergy Thin Film Power's shares, a move that prevented the firm from relisting on its own will. On October 23, 2018, Hanergy announced a plan to privatize and relist Hanergy Thin Film Power on the Chinese mainland.
In April 2019, Hanergy cooperated with NASA to provide 60 ThinSats, Hanergy's solar-powered satellites, for scientific analysis of the atmosphere on their NG-11 mission.
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