- Companies
- Chint New Energy
Chint New Energy Valuation, Funding & Investors
Chint New Energy is valued at $1B as of January 2023.
Last Chint New Energy valuation
$1B
Series B · Jan 2023
Last Chint New Energy funding round
$221M
Series B · Jan 2023
Cumulative funding Chint New Energy raised
$221M
across 1 funding round
Key investors in Chint New Energy
Hillhouse Investment
CICC Capital
Zhaoxi Capital
Yunhao Capital
About Chint New Energy
Chint New Energy is a Shanghai-headquartered clean energy arm of Chint Group that handles photovoltaic project development, engineering procurement construction, and operations maintenance for solar and wind farms across Asia, Europe, and the Americas.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$1B (Jan 2023)
Chint New Energy Valuation
Chint New Energy is currently valued at $1B, based on its Series B in January 2023.
The $221M round was led by Yunhao Capital, with participation from Zhaoxi Capital, Hillhouse Investment and CICC Capital.
Chint New Energy valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2023 | Series B | $1B |
Chint New Energy Funding History
Chint New Energy has raised a total of $221M across 1 funding round.
Chint New Energy funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2023 | Series B | Yunhao Capital (lead); Zhaoxi Capital; Hillhouse Investment; CICC Capital | $221M | $1B | CHINT (Chint New Energy) is a clean energy company specializing in solar power technology and integrated solutions. The company operates across development, construction, and operation of solar and clean energy projects. In the first half of 2023, CHINT reported operating revenue of $3.82 billion, representing a year-on-year increase of 17.91% compared to H1 2022's $3.23 billion. Net profit attributable to shareholders reached $261.41 million in H1 2023, up 13.70% year-on-year. The company has maintained consistent growth over the three-year period tracked in their reports (H1 2021: $2.23 billion, H1 2022: $3.23 billion, H1 2023: $3.82 billion). |
Who has invested in Chint New Energy?
4 investors have backed Chint New Energy across its funding rounds, including Hillhouse Investment, CICC Capital, Zhaoxi Capital and Yunhao Capital.
Lead investors include Yunhao Capital.
Chint New Energy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jan 2023 | ||
| 1 | Participant | Jan 2023 | ||
This data is available for Pro users. Sign up to see all 4 Chint New Energy investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Chint New Energy
Chint New Energy has invested in 1 company to date.
Latest investment by Chint New Energy was on August 8th 2024. Chint New Energy invested in Honsun in their $11M Strategic investment round.
Latest Investments by Chint New Energy
| Description | Honsun is a photovoltaic enterprise constructing a zero-carbon industry chain through production of high-efficiency N-type monocrystalline silicon wafers, solar modules, and power stations. The company operates manufacturing bases in Yunnan, Shandong, and Suzhou provinces. |
| HQ Country | |
| HQ City | Kunming |
| Deal Date | 8 Aug 2024 |
| Round | Strategic investment |
| Raised | $11M |
| Investors | - |
| Valuation | $150M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Chint New Energy investments and their VC round multiples. Start Free Trial | |
Chint New Energy Competitors
Chint New Energy competitors include listed companies like SP New Energy and Emerald Horizon, and private ones like Mainspring Energy, Ohmium, Palmetto and Span.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
| Private | - | - | $1B | ||
| Private | - | - | $1B | ||
| Private | - | - | $1B | ||
| Private | - | - | $1B | ||
| Publicly listed | $25M | ($46M) | $958M | ||
| Publicly listed | $259K | ($523K) | $1.2B |
Chint New Energy Public Comps
Chint New Energy is still privately-owned, but its public comps include Henan Yicheng New Energy, Power Solutions International, XPLR Infrastructure, Al-Babtain Power & Telecom, Ceres Power Holdings, Greencoat Renewables, Jiangsu Zongyi Co, Babcock & Wilcox, Banpu Power and SP New Energy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $527M | ($30M) | 3.0x | - | (53.0x) | - | |||
| $722M | $115M | 1.5x | 1.6x | 9.7x | 10.5x | |||
| $1.2B | $607M | 11.8x | 10.7x | 23.0x | - | |||
| $762M | $162M | 1.5x | 1.4x | 7.0x | 6.0x | |||
| $44M | ($51M) | 22.2x | 14.2x | (18.9x) | (78.6x) | |||
| ($45M) | ($8M) | (51.9x) | 24.4x | (278.9x) | 24.6x | |||
| $70M | $41M | 16.0x | - | 27.6x | - | |||
| $588M | $22M | 1.9x | 1.2x | 51.1x | 15.1x | |||
This data is available for Pro users. Sign up to see all Chint New Energy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Chint New Energy
| When was Chint New Energy founded? | Chint New Energy was founded in 2009. |
| Where is Chint New Energy headquartered? | Chint New Energy is headquartered in Hangzhou, China. |
| Is Chint New Energy publicly listed? | No, Chint New Energy is a private, VC-backed company. |
| What is Chint New Energy's valuation? | Chint New Energy was last valued at $1B in its Series B in January 2023. |
| How much funding has Chint New Energy raised? | Chint New Energy has raised $221M across 1 funding round. |
| What was Chint New Energy's last funding round? | Chint New Energy's last funding round was a $221M Series B in January 2023, led by Yunhao Capital. |
| Who are Chint New Energy's investors? | Chint New Energy's investors include Yunhao Capital, Zhaoxi Capital, Hillhouse Investment and CICC Capital. |
| Which companies are comparable to Chint New Energy? | Companies comparable to Chint New Energy include Mainspring Energy, Ohmium, Palmetto, Span, SP New Energy and Emerald Horizon. |
| How many companies has Chint New Energy invested in? | Chint New Energy has invested in 1 company, including Honsun. |
| What was Chint New Energy's last investment? | In August 2024, Chint New Energy invested in Honsun's $11M strategic investment round. |
See companies similar to Chint New Energy
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




