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Risen Energy successfully signed a contract of 49MW’s 210 modules with Thailand


Ninghai, China—July 23, 2021--Recently, Risen Energy announced that the company has signed an order for 49MW’s 210 modules with the customer from Thailand. Risen Energy actively responds to the national call of Belt and Road initiative, helps overseas regions develop green energy with high-quality 210 photovoltaic products, and participates in a global carbon neutral and sustainable operation.

Thailand is the second largest economy in Southeast Asia, with an average daily sunshine of about 5-6.5 kWh per square meter. It owns abundant solar energy resources, leading to a strong foundation for the photovoltaic power generation industry. According to Thailand's national plan, by 2036, the country’s installed capacity of photovoltaic power will reach 6 GW. It was also reported that the National Power Administration of Thailand has revised the country’s photovoltaic development plan goal, which has been increased to 17 GW for the next 20 years! Undoubtedly, Thailand will become one of the emerging photovoltaic markets with the strongest growth in the world.

The cooperation between Risen Energy and Thailand would certainly establish a market highland for the company. In the future, Risen Energy could expand its corporate influence through localized operations and brand promotion. Furthermore, Risen Energy has already built up a number of photovoltaic cooperation projects in Vietnam and Malaysia. The joint effect brought by these projects will definitely help the company to get ahead in the Southeast Asian market.

At present, Risen Energy’s high-efficiency 210 module products can reduce the cost of electricity and increase the efficiency to the greatest extent. For this contract, the 640W modules are based on 210 silicon wafers. With the support of advanced technologies such as MBB, non-destructive cutting, and half-cut, the module performance and yield rate have been further improved.

From technological perspective, 210 module companies not only enlarge the size of modules to increase efficiency, but also continue to promote the entire industry chain and have formed a set of safe, feasible and efficient technical solutions as the 600W+ alliance. Although there are other large-size products on the market, the 210 module is clearly a better choice in line with the trend of reducing costs and increasing efficiency.

About Risen Energy (www.risenenergy.com)

Risen Energy Co., Ltd. was founded in 1986 and listed as a Chinese public company (Stock Code: 300118) in 2010. Risen Energy is one of the pioneers in solar industry and has committed to this industry as a R&D expert, an integrated manufacturer from wafers to modules, a manufacturer of off-grid systems, and also an investor, a developer and an EPC of PV projects. Aiming to deliver the green energy worldwide, Risen Energy is developing internationally with offices and sales networks in China, Germany, Australia, Mexico, India, Japan, USA and others. After years of efforts, it has reached a module production capacity of 14.1GW. While growing rapidly, Risen Energy keeps a stable pace with an average debt ratio at around 60% from 2011 to 2020.

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