天合光能

688599.SH

Wind Industry: 工业 > 电气设备 > 电气设备Ⅲ > 光伏设备

公司创立于1997年，是行业领先的光储智慧能源提供商。近几年来，为应对单一销售光伏组件产品面临的激烈市场竞争，公司在光伏产品业务之外积极打造第二增长曲线，培育新业务增长点，逐步从光伏产品制造商转型升级为光储智慧能源整体解决方案提供商，实现高质量科技创新和生态协同发展。目前公司已经形成光伏产品、储能业务、系统解决方案及数字能源服务四维业务矩阵。当前，光伏行业已进入U型周期尾部阶段。2026年公司实施TOPCon3.0与THBC“双轮驱动”战略：至尊3代应用领先的TOPCon3.0技术，聚焦双面发电及集中式电站市场，持续夯实“电站首选”定位；THBC聚焦高端单面屋顶市场，满足客户对效率与美学的双重需求。在下一代光伏技术领域，公司自主研发的210mm大面积钙钛矿/晶体硅叠层电池最高转换效率突破33.9%，持续领跑该商业化尺寸电池世界纪录；3.1㎡工业标准尺寸叠层组件峰值功率达907W，效率达29.2%，正式开启叠层组件900W+新时代。同时，公司成功斩获全球高端分布式客户首单并实现海外首发交付，标志着该技术正式完成了从技术创新、产品创新到商业化落地的关键跨越。面向未来，随着光伏行业由高速增长转为高质量发展阶段，公司依托组件业务的底蕴，积极拓展其他协同性业务。公司在储能、分布式光伏、光伏系统、解决方案业务领域持续加码，依托公司优异的产品性能和强大的解决服务能力发挥协同效应，着力增加盈利业务点，并已取得一定的成效。未来随着高效光伏技术产品的更新迭代和储能业务拓展，有望进一步巩固头部地位。

ESG Score Industry Ranking:
2 / 424 (电气设备Ⅲ)

ESG Rating Distribution(电气设备Ⅲ)

0.47%

AAA

6.13%

30.19%

13.92%

BBB

24.53%

22.88%

0.24%

CCC

Trend of Rating

About Wind ESG Rating

Wind has developed a rigorous rating methodology based on the core connotations of ESG, aligning with international standards and frameworks, and incorporating the characteristics of Chinese companies, to assess the company's essential ESG performance, risk and its ability to operate sustainably.

Focusing on the ESG risks and opportunities of each industry, the companies are rated on a AAA-CCC scale relative to the performance of their industry peers. Wind ESG rating is updated annually or in response to major changes.

The Wind ESG Rating Issuer Communication Platform (esg.wind.com.cn) is now available. Rated companies can access their detailed rating information through this platform, and communicate with or provide feedback to the Wind ESG Rating team regarding specific rating components. For any additional questions, please feel free to send an email to GR.ESG@wind.com.cn.

ESG Score

ESG Score：9.09Updated on 2026-10-29

09.0910

Management & Practices Score：6.10Updated on 2026-10-29

06.107

Controversies Score：2.99Updated on 2026-10-29

02.993

ESG Score Comparison

Indicator	Company Score	Industry Average	Weight
Environmental	8.37	4.03	24.49%
Social	8.85	5.34	47.98%
Governance	8.81	6.59	27.53%

Wind ESG Rating Framework

Building on the foundation of domestic and international ESG policies and standards, our proprietary ESG rating framework considers the development of Chinese capital market and integrates the characteristics of the Chinese companies in various industries. The Wind ESG Rating framework is composed of management & practice and controversies assessment, including:

500+ management & practices indicators, covering E, S and G pillars, reflecting long-term ESG fundamental impacts
1,200+ risk labels, covering news, regulatory penalties and lawsuits, reflecting impact of short-term risks

Management & practice score is the weighted summation of E, S and G pillar scores. The weights reflect both the relative impact of each issue within each industry and the negative or positive contribution of each industry to the environment and society relative to other industries.

Controversies score and ESG score are updated daily, E, S and G pillar scores and management & practice score are updated with underlying data, corresponding data are released on various channels, including Wind Financial Terminal.

Explore More

Wind ESG Rating Methodology.pdf1,198KB Wind ESG Ratings FAQs.pdf755KB

More Details

Peer Comparison(424 companies in the industry) ?

Ranking	Code	Security Name	ESG Rating	ESG Score	Controversies Score	Management & Practices Score	Environmental	Social	Governance
1	300274.SZ	阳光电源	AAA	9.13	3.00	6.13	8.93	9.14	7.93
2	688599.SH	天合光能	AAA	9.09	2.99	6.10	8.37	8.85	8.81
3	002706.SZ	良信股份	AA	8.89	2.99	5.89	7.76	9.31	7.68
4	300750.SZ	宁德时代	AA	8.70	2.97	5.73	8.15	8.52	7.66
5	688226.SH	威腾电气	AA	8.69	2.97	5.73	7.75	8.55	8.07
6	601012.SH	隆基绿能	AA	8.67	3.00	5.67	8.51	7.72	8.39
7	002518.SZ	科士达	AA	8.65	2.99	5.66	7.99	8.69	7.13
8	300772.SZ	运达股份	AA	8.58	2.99	5.59	7.37	8.49	7.88
9	601727.SH	上海电气	AA	8.56	2.99	5.58	7.82	8.00	8.10
10	688349.SH	三一重能	AA	8.51	3.00	5.52	7.30	7.90	8.58