‘Solar Module Super League’ (SMSL) member Risen Energy has recently reported a decline in 2018 annual revenue and net profit, due to the overall decline in PV installations in China, which also led to pricing pressure across its PV module, PV encapsulant and EPC business divisions.
New Solar Module Super League (SMSL) member, Risen Energy has joined the National Enterprise Technology Center list of companies, qualified by the China National Development and Reform Commission, Ministry of Science and Technology, Ministry of Finance.
Risen Energy announced that its 117MW PV project in Mexico has broken ground, with Durango state governor Jose Rosas Aispuro Torres, Canatlan municipal president Dora Elena Gonzalez Tremillo and Risen Energy president Wang Hong all on hand for a ceremony to commemorate the event.
When we established the Silicon Module Super League (SMSL) a few years ago, it was prompted by the realisation that a select group of solar PV module suppliers were moving away from the 100+ chasing pack, and firmly establishing themselves as the companies that would be the dominant players as the industry moved towards and above annual shipment levels of 100GW.
Risen Energy has formally connected a 40MW photovoltaic power station project in Kazakhstan to the national grid. With this development, Risen Energy stands as the first privately-owned enterprise investing in the construction of PV installations in Kazakhstan.
Major China-based PV module manufacturer Risen Energy has reported its latest JÄGER HP 72-cell sized module has achieved a record conversion efficiency of up to 21%, tested and certified by independent third-party institute TUV-SUD.
Dual function residential roof tiles or shingles that incorporate solar PV (photovoltaic) cells into an integrated PV system for new build and retrofit homes have already received the ‘hype’ from Tesla’s Elon Musk but a new kid on the blog is set to go head to head with Tesla for this niche US market both from a manufacturing and installation perspective.
The Chinese government’s decision (531 New Deal) to curtail utility-scale and distributed generation (DG) PV deployments just after the SNEC trade show at the end of May, not only surprised the industry but has since fuelled a significant ASP decline of modules and inverters.
We have tracked the annual R&D spending of 12 key publicly listed PV module manufacturers over the last 10 years. We present our new methodology with a broader scope which reveals record levels of investment in solar innovation.