Risen Energy targeting over 800MW of overseas module shipments in 2018

Facebook
Twitter
LinkedIn
Reddit
Email
 Risen Energy is starting EPC work on a 25MW PV power plant in Nuwakot, Nepal, using its 275W modules. Image: Risen Energy

Major China-based PV module manufacturer Risen Energy, which entered PV Tech’s Top 10 module manufacturer’s rankings for the first time in 2017, has said that it expects to ship at least 800MW of PV modules outside China in 2017.

Risen shipped around 2.5GW to 3GW of PV modules in 2017 and had total product revenue of approximately US$1.8 billion, up from approximately US$1.1 billion in 2016, a 63% increase, year-on-year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Risen shipped around 2.5GW of PV modules in 2017 and had total product revenue of approximately US$1.8 billion, up from approximately US$1.1 billion in 2016, a 63% increase, year-on-year.

Risen noted that it had around 1,000 projects either under development or being delivered across the globe so far this year. 

The company is following the Chinese government's One Belt, One Road initiative by exporting products, brands and technologies abroad and has announced it is undertaking EPC work on a 25MW PV power plant in Nuwakot, Nepal, which is using Risen’s 275W modules.

The PV power plant project was said to be scheduled for completion and grid connection by the end of 2018, which is claimed will be the first large-scale ground-mounted PV station in Nepal, which has relied heavily on hydro-electric power. 

Hong Wang, president of Risen Energy said, “In line with the One Belt, One Road initiative, we have made significant progress in the global market, thanks to our advanced PV manufacturing technologies and rich experience in overseas projects. As one of the key parts of the initiative, Nepal is an attractive market for us. Over the next seven years, Nepal, a country boasting abundant water resources, aims to achieve the goal of 17,000 megawatts of electricity generation, which is unlikely to be met via hydropower alone. Renewable energy methods including PV have become important supplements and Nepal is on the right track. Looking forward, we plan to invest in and develop more EPC projects in Nepal and across South Asia in a move to contribute to solving the local energy crisis and boosting China-Nepal cooperation in connection with new energy.”

Risen also noted that it had expanded into countries along the One Belt, One Road route including Bangladesh, Kazakhstan, Kyrgyzstan and the ASEAN countries.

17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

November 11, 2024
The Global Solar Council announced that it will launch the International Solar Finance Group at the COP29 conference in Baku, Azerbaijan
November 11, 2024
The New South Wales government has approved plans for a 250MW solar-plus-storage project in Gunning, 260km south-west of Sydney, Australia.
November 11, 2024
The Australian Energy Market Commission (AEMC) has progressed a consumer-focused pricing review that was brought forward due to increasing household rooftop solar PV installation rates.
November 8, 2024
Danish renewable energy investment firm Copenhagen Infrastructure Partners (CIP) has launched a new Australian subsidiary, with eyes to deliver 6GW of new solar PV and wind energy in the next 10-years.
November 7, 2024
New South Wales, Australia, has secured the highest allocation of energy generation in the upcoming Capacity Investment Scheme (CIS) tender, standing at 7.1GW.
November 7, 2024
The Indian states of Rajasthan and Gujarat need a “concerted effort” to maintain their central roles in the country’s energy transition, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 12, 2024
San Diego, USA
Solar Media Events, Upcoming Webinars
November 13, 2024
4pm GMT / 8am PST
Solar Media Events
November 19, 2024
Philadelphia, USA
Solar Media Events
November 20, 2024
Zhuhai, China
Solar Media Events
November 21, 2024
London, UK