2023-09-05 21:43:51
Ningbo, China (ots/PRNewswire) – Risen Energy Co.,Ltd. (Shenzhen: 300118), a leading global manufacturer of high-performance solar photovoltaic products, has reported that its revenue for the first half of 2023 was 17.6 billion yuan (US$2.43 billion), growing by 39 .56 percent compared to the previous year means.
The company’s net income after deducting one-time gains and losses rose 76.25 percent to 838 million yuan (US$115.48 million). Risen Energy has invested 490 million yuan ($67.52 million) in R&D, up 4.5 percent year-on-year.
Risen Energy aims to drive global innovation in the energy sector with integrated and sustainable products, solutions and services, while achieving the company’s performance growth through technological and manufacturing innovations.
The conversion efficiency of Risen Energy’s monocrystalline PERC cells is now over 23.45%, and the TOPCon cells and heterojunction cells have exceeded 25.20% and 26.00%, respectively.
Using the leading heterojunction cell technologies, Risen Energy has launched a line of ultra-low carbon hyper-ion heterojunction bifacial modules. The 210 HJT solar module uses special double-sided low-temperature passivation contacts, hyper-link stress-free connection technology and double-sided microcrystalline technologies, and materials such as 210 mm half-cut thin silicon wafers. The modules require little silver, and feature a steel frame and other features to ensure high power efficiency and high conversion efficiency while providing a total cost of ownership advantage.
In 2023, Risen Energy introduced products that meet both market demands and customer needs, continuously increasing the company’s core competitiveness through optimizing product structure, improving production process and increasing investment in R&D.
As the company expands its business lines from solar cell modules and EPC for PV power plants to PV power plant operation and energy storage, while improving cell and module conversion rates, Risen Energy has become a global leader in high-efficiency solar modules whose shipment volume ranked in the top 10 worldwide for the last two years in a row.
Information about Risen Energy
Risen Energy is a leading global Tier 1 manufacturer of high-performance solar photovoltaic products and a total solution provider for power generation. The company was founded in 1986 and has been listed on the stock exchange since 2010. Risen Energy creates value for its global customers and is well positioned to serve its customers in the utility, commercial and residential markets with outstanding service and long-term partnerships.
You can find more information on: www.risenenergy.com
Questions & contact:
fengtt@risenenergy.com
1693954062
#Risen #Energy #increases #revenue #net #profit #increases #yearonyear