Risen toasts 1.5GW bifacial module supply deal

Facebook
Twitter
LinkedIn
Reddit
Email
Risen's Titan range of bifacial mono PERC modules. Image: Risen.

Risen Energy has landed a 1.5GW bifacial module supply deal with an unnamed, yet “well-known” independent power producer.

Risen said it had signed a contract with the global IPP to provide its bifacial mono PERC solar modules, which would be distributed for use in projects in Europe, Africa and South America.

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

Shipments have already started, with around 900MW worth of deliveries organised, with the rest of the order set to be finalised in the first half of next year.

Bypina Veerraju Chaudary, CSMO at Risen, said the deal was one of the company’s largest to date and was “particularly significant” for the company’s bifacial program.

“When you cut through all of the gloss and marketing blurb, the front face energy capture is superior to historic products, the recombinant power loss is less over time, the module integrity is greater allowing for a 30 year power warranty, the compatibly framed modules ensure no additional BOS issues, and there is the wonderful addition of rear face energy capture to boot,” he said.

Risen added the order for bifacial modules was testament to the industry’s strong migration towards the technology, citing expectations that around 70% of projects brought forward by IPPs next year will use bifacial panels.

21 May 2025
London, UK
The Renewables Procurement & Revenues Summit serves as the European platform for connecting renewable energy suppliers to the future of energy demand. This includes bringing together a community of European off-takers, renewable generators, utilities, asset owners, and financiers. The challenges ahead are complex, but through collaboration, innovation, and a shared vision, we can navigate uncertainties and forge a sustainable energy future. Let us harness our collective knowledge to advance the renewable energy agenda.
3 June 2025
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries. Stay plugged in for all the latest information on The Battery Show Europe 2024 including: Keynote Speakers & Conference Overview Show Features Floor Plan & Exhibitor News Travel & Transport information
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.
2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

April 29, 2025
Reassessing the role distributed solar operators have to play in minimising cybersecurity risks is key to Europe's solar cybersecurity.
Premium
April 29, 2025
“There is an adjustment in the industry [where] there are cycles,” explains Laura Fortes, senior manager for access to finance at GOGLA.
April 28, 2025
Fraunhofer ISE has developed a solar cell which uses “one-tenth” of the amount of silver as a standard cell.
April 28, 2025
Swiss renewable power developer Axpo and EDF Renewables Hellas have signed a power purchase agreement (PPAs) for 102MW of solar capacity.
April 25, 2025
Austria has announced a 'Made in Europe' bonus of 20% to government funding for PV and storage projects that use components made in Europe.
April 25, 2025
Technique Solaire has raised €302 million (US$343 million) in senior debt financing to build its European PV portfolio.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK