Ninghai, China – September 29th, 2020 – Recently, Risen Energy Co., Ltd. (300118) announced that it has completed the cooperation with the Polish ERGO Arena (SolarSpot is the main contractor of ERGO Srena project) and successfully supplied 100KW 144 half-cell mono PERC modules for the stadium. This cooperation will help the ERGO Arena, one of the largest stadium in Poland, first realize large-scale utilization of green energy.
As an important incremental market for Chinese photovoltaic module exports to Europe, Poland is currently actively promoting the formulation of the “Energy Strategy Program to 2050” to ensure the stability of the low-emission economy and energy system. In addition, coupled with its unique natural conditions, the Polish photovoltaic market owns infinite potentials. According to the data provided by the Polish transmission system operator (PSE), as of August 1, 2020, Poland reached 2261.347 MW of the cumulative installed and grid-connected solar photovoltaic power generation. The Polish Institute of Renewable Energy (IEO) also stated that, the country’s cumulative installed capacity of 2.5 GW can be reached by the end of 2020, and this figure is expected to increase to 7.8 GW by 2025.
Risen Energy, with rich experience in overseas market, grabbed the great opportunity very early in the Polish market, carried out a planned strategic layout, and successfully won many orders for multiple component projects. By improving the response speed of localized services and discovering the module supply demand in the potential market, Risen Energy has successfully established a complete Polish localized distribution system. Meanwhile, Risen Energy has worked closely with local industry colleagues to actively promote the implementation of photovoltaic projects. Accordingly, Risen Energy quickly seizes market shares and continues to expand Risen Energy’s green energy influence in local areas.
In this regard, Risen Energy said, “Besides our continual exploration of photovoltaic technology, we have always taken the global strategic layout as an important force for corporate development. Because of these factors, we can steadily usher in the harvest period in the Polish market. Thanks to the outstanding ability and rich experience of the company’s team, our global sales network currently covers more than 30 countries and regions in Europe, Asia, North America, South America, and Australia, etc. In the future, Risen Energy will continue to maintain its momentum of development and deliver green energy from China to every corner of the world.”
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 11.1GW. While growing rapidly, Risen Energy keeps a stable pace with an average debt ratio at around 60% from 2011 to 2019.