Details

Last Funding Type

Post-IPO Equity

Last Funding Money Raised

$167M

Industries

Energy,Renewable Energy,Stock Exchanges

Founded date

Feb 1, 2000

Number Of Employee

101 - 250

Operating Status

Active

Panda Green Energy Group (formerly known as United Photovoltaics Group, stock code: 00686.HK) is a leading global eco-development solutions provider and headquartered in Hong Kong. The Company is listed on the Main Board of the Stock Exchange of Hong Kong Limited, which is now a constituent of the Hang Seng Stock Connect Hong Kong Index (Shenzhen-Hong Kong Connect), the Hang Seng Composite Index Series, the Hang Seng Global Composite Index and the MSCI China Small Cap Index. The Company's new energy projects are located throughout the country and some overseas regions.

On May 14th, 2017, the Panda Solar Power Plants were included into the Action Plan signed by Chinese government and UNDP to jointly promote “Belt and Road” construction signed during the “Belt and Road” Forum for International Cooperation. According to the Action, Panda Green Energy will build Panda Power Plants in Philippians, Fiji, and Thailand, as well as along the “Belt and Road” routes, and provide an array of energy solutions, covering wind, solar, hydro and energy storage. “Panda Power Plant” has been introduced by UNDP as “Youth Engagement and Innovation to Promote Sustainable Development” plan and will be carried out around the world. On 29 June, 2017, the world’s first Panda Power Plant located in Datong Shanxi Province was successfully connected to the grid. By adapting the building of Panda Power Plants to local conditions, Panda Green Energy will eventually realize the global sharing of advanced energy production capacity and the ecological output of advanced concepts and lifestyles.