Risen Energy breaks ground on solar module manufacturing facility in China

WCN Editorial Team 23 Aug 2019 ASIA BUILDINGS

Chinese solar panel maker Risen Energy has broken ground on its 2.5GW heterojunction cell and module manufacturing facility in Ninghai county in the city of Ningbo, Zhejiang province, China.

Risen Energy is investing nearly RMB3.3bn (£382m) in the new 137,000m² facility, which will manufacture heterojunction cells and modules.

The project will include the construction of fundamental support facilities used in the manufacture of cells and modules complemented by acquiring production equipment.

The facility is expected to be completed in 2021 and once complete, it will have a capacity to produce 2.5GW of cells and 2.5GW of modules annually. It could also yield up to RMB5bn (£578m) in sales revenue when operating at full capacity.

Risen Energy president Xie Jian said: “The new 2.5GW high-efficiency heterojunction project will play a key role in helping Risen Energy improve its capabilities in both technology development and smart manufacturing as well as in expanding its presence in the market.

“From now on, we will focus on a standards-based and efficient completion of the manufacturing facility fully in accordance with our plan while continuing to inject more human and material resources as needed. With the groundbreaking of the project, Risen Energy is bringing its technologies, manufacturing capacity and comprehensive strength to a new level.

“We believe that the completed facility will make a meaningful contribution to the regional economic development of Ninghai.”

Risen Energy claims that heterojunction technology has several advantages, including the elimination of light and power degradation, coupled with delivering good low temperature coefficient.

The company’s heterojunction cells are touted to have a conversion efficiency of more than 23%. Additionally, the modules have been improved with half-cut, imbricate, double-glass and high-reflectivity backsheet, among other new technologies.

Improvement in technology is claimed to provide investors with an increase in efficiency levels and increasing the income between 10 and 30%.

Ninghai executive deputy county magistrate Wang Junhai said: “These projects are highly relevant to Ninghai's economic and social development and our future.

"Over recent years, Ninghai has enhanced its efforts in accelerating completion of the roadmap for the county's major projects in a move to lead the development across industries, increase investment in technology, optimize new construction in the county's urban and rural areas, improve the efficiency of services and reinforce the effectiveness of local government departments as well as provincial and state-level government authorities with oversight within the jurisdiction.

“This has been done by addressing challenges through innovation with the goal of demonstrating impressive results for the full year. The implementation of these projects will support Ninghai's focus on development based on quality.”

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Image: Xie Jian speaking at the ground breaking ceremony. Photo: Courtesy of Risen Energy Co., Ltd.

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