Risen Energy signs 1GW HJT module supply deal with Singaporean IPP

Facebook
Twitter
LinkedIn
Reddit
Email
The signing ceremony for the deal. Image: Risen Energy

Solar Module Super League (SMSL) member Risen Energy will supply around 1GW of its heterojunction technology (HJT) solar modules to Singaporean IPP (independent power producer) Athein Holding Pte.

Athein will deploy the modules in utility-scale and rooftop projects across Southeast Asia and India, a statement said, though specific projects or timeframes for the supply were not given. In April, Athein announced plans to build 2GW of PV in the Philippines by the end of this decade.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Risen said it will provide technical support, training and after-sales services to Athein in addition to the modules themselves.

“Risen Energy HJT modules open a new way for us to enhance our ability to meet the growing global demand for clean energy solutions,” said Milan Koev, CEO of Athein. “This collaboration marks a significant milestone for Athein as we continue to solidify our position as a leader in the renewable energy industry.”

Risen said that its HJT modules offer higher efficiencies and lower degradation rates than traditional solar panels. In the industry-wide technology shift from p-type passivated emitter and rear contact (PERC) modules to more efficient tech like tunnel oxide passivated contact (TOPCon), interdigitated back contact (IBC) and HJT, Risen is the only significant module manufacturer committing to GW-scale heterojunction production, according to PV Tech’s market research.

2022 was a big year for Risen Energy; it reported a 56% revenue jump compared with the previous year which was largely driven by its focus on research and development and the solidifying of its HJT production. In September, it secured an ‘A’ rating in PV ModuleTech’s bankability report, alongside fellow SMSL member Canadian Solar.

In the early summer’s flurry of trade shows a number of HJT modules and cells were paraded by the big manufacturers. SNEC and Intersolar in particular saw a lot of tech revelations, with Quanwei, Huasun and JA Solar all showed or discussed HJT products.

Italian energy group Enel has also begun producing HJT modules at its 3Sun factory in Catania, Sicily, and expects the products on the market in 2024.

Read Next

November 12, 2026
Almost 2GW of PV capacity is to be put out to tender in the latest phase of Saudi Arabia’s renewable energy procurement programme.
November 12, 2026
NAED Energy has unveiled PV-1 PECVD-V, a vertical in-line deposition platform designed for high-volume tandem solar cell production.
November 12, 2026
Australia's CER has permanently suspended rooftop solar retailer Solar Power Nation from the Small-scale Renewable Energy Scheme (SRES).
November 12, 2026
AirTrunk has signed an exclusivity agreement with European Energy Australia covering more than 1GW of solar, BESS and wind projects.
November 11, 2026
A proposed 840MW PV project in southern England that would have become the country’s largest has been turned down by the UK government.
November 11, 2026
Greek energy group Helleniq Energy is planning to invest over €1 billion (US$1.1 billion) in clean energy projects in Romania by 2030.

Upcoming Events

Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye