Revenue fell 18% to $1.28bn in the 12 months to 31 December, while operating income rose 257% on the year to $29.3m.
The Zhejiang-based company’s downstream unit — which started operations in early 2015 — sold 72.8MW of projects last year.
Its existing project pipeline currently stands at 641MW, including 140MW in Poland, 111MW in the UK and 103MW in the US.
