On the evening of June 11, 2025, at the prestigious “2025 Global New Energy ESG Top 100” Awards Ceremony held at the National Exhibition and Convention Center in Shanghai, SolaX Power was honored as one of the world’s leading companies for its exceptional achievements in Environmental, Social, and Governance (ESG) practices. This high-profile event, jointly hosted by the Global Green Energy Council (GGEIC), the New Energy Industry Association for Asia and the Pacific (NEIAAP), and the Asian Photovoltaic Industry Association (APVIA), recognizes pioneering enterprises driving sustainable development and innovation throughout the global energy transition.
SolaX continues to lead the deep integration of high-quality development and sustainable strategies in the renewable energy sector. In 2024, the company reported impressive financial results, with revenues reaching about USD 427 million and a net profit attributable to shareholders of about USD 28.39 million. Demonstrating a strong commitment to innovation, SolaX invested over USD 66.8 million in research and development. The company's core focus remains on advanced solar-storage systems, high-performance batteries, and intelligent manufacturing technologies. Moreover, SolaX has established a comprehensive green operation system that spans the entire product lifecycle, ensuring environmental responsibility at every stage. Highlighting the industry leadership, its "Future Factory" project was selected as a key demonstration initiative in Zhejiang Province. SolaX has also successfully implemented multiple international standards, including ISO 14001 Environmental Management System and ISO 27001 Information Security Management System.
Environmental Performance: SolaX adheres to a green development strategy and leverages a digitization-centered integrated energy management system to establish an energy consumption data application and service platform that supports carbon emission reduction. In 2024, the company kept its total greenhouse gas emissions below 800,000 tons of CO₂ equivalent. By efficiently advancing photovoltaic power generation and clean energy applications, SolaX achieved a green electricity self-sufficiency of over 2.01 million kWh for the year. Additionally, SolaX’s “Future Factory” fully implements the “Three Transformations” strategy (intelligent, green, and service-oriented) —realizing digital management across the entire product lifecycle from R&D to operations.
Social Responsibility: SolaX remains committed to a people-centric approach, fostering a safe, equitable, and growth-driven workplace. By the end of 2024, the company had 3,006 employees and delivered over 94,000 hours of comprehensive employee training, achieving 100% coverage in occupational health check-ups and safety training. In parallel, SolaX actively supports community welfare through initiatives like the “SolaX Public Welfare Elderly Care Day,” seamlessly integrating corporate social responsibility into its strategic development. Through innovation and sustainable practices, SolaX continues to drive positive social impact and long-term progress.
At the award ceremony, Mr Shen accepted the honor on behalf of SolaX and stated: “It is a privilege to receive this prestigious global recognition. ESG is not only a corporate responsibility but a strategic commitment to a sustainable future. We sincerely thank the organizers for their acknowledgment, as well as our partners and team members for their collective efforts. SolaX Energy will remain dedicated to the principles of sustainable development and continue collaborating with global customers and partners to drive a cleaner and smarter energy future.”
The award of 2025 "Global New Energy ESG Top 100" is a high affirmation of SolaX's green vision and responsible practice. Guided by a high-standard ESG governance system, SolaX will continue advancing innovation, making steady progress in the global energy transition, and working with partners to build a zero-carbon future.
