Risen Energy’s new progress in Poland shipments

Feb 25, 2021

Ninghai China—February 23, 2021—Risen Energy recently announced that the 600MW module order, which was signed with the Polish customer Corab in 2020, has shipped about 200MW successfully till now. The order includes a full range of 210mm products, and will be used in various scenarios, such as roof and ground projects.
 
Poland, located at the intersection of the Amber Road and Silk Road in Europe, is an important country along the Belt and Road. Poland’s unique natural resources, geographical advantages, and policy supports have impelled Poland to be a dark horse in Eastern Europe and even the global PV market. GlobalData, an industry data analysis agency, pointed that Poland has maintained good momentum of development although suffering from the spread of COVID-19.It is reported that the cumulative installed scale of PV power generation in Poland accounts for more than 3.5% of its total installed power capacity by the end of 2020. In the next five years, the Polish PV industry will develop rapidly, which will impel installed capacity to be 7% by 2025.
 
The polish market prospect is wide that has attracted severalPV companies. As a global leader in exporting modules, Risen Energy has paid close attention to the development and trend of the Polish market, which has continuously providedtargeted technology and plans with highefficiency and high-cost performance, gradually expanding the Polish PV market share and becoming an indispensable Chinese business cardin the local market.
 
Risen Energy insists on improving technology and expanding market, and its excellent product quality and customized marketing strategieshave been highly supported and trusted by customers. Cooperating with Corab strengthens the mutual trust and benefit which plays an important role incovering more market shares in Poland. Risen Energy looks forwards to participating in the further PV projects and boosting the development of renewable energy in Poland.
 
Corab is a Polish company with nearly 30 years of experience in electronics and the production of steel and aluminium components. For many years, Corab has been active in the photovoltaic industry as a manufacturer of module fixing systems and a distributor of reputable brands. Corab now exports its products to nearly 20 European countries.
 
About RISEN ENERGY CO., LTD
 
 Risen Energy Co., Ltd. was founded in 1986 and listed as a Chinese public company (Stock Code: 300118) in 2010. Risen Energy is one of the pioneers in solar industry and has committed to this industry as a R&D expert, an integrated manufacturer from wafers to modules, a manufacturer of off-grid systems, and also an investor, a developer and an EPC of PV projects. Aiming to deliver the green energy worldwide, Risen Energy is developing internationally with offices and sales networks in China, Germany, Australia, Mexico, India, Japan, USA and others. After years of efforts, it has reached a module production capacity of 12.6GW. While growing rapidly, Risen Energy keeps a stable pace with an average debt ratio at around 60% from 2011 to 2020.

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