Risen Energy plans integrated PV factory work on clean energy

• The Chinese PV manufacturer has actually unveiled ambitious strategies to build an up and down integrated manufacturing facility in China's Inner Mongolia region, which will certainly be powered by a mix of solar and wind combined with on-site energy storage.

Risen Energy is preparing to construct a CNY 45 billion ($7 billion) solar manufacturing facility in Inner Mongolia that will produce materials throughout the supply chain from industrial silicon to solar modules. More than a fifty percent of the organized investment will certainly be used to develop on-site power facilities for the manufacturing facility, consisting of 5.1 GW of renewables coupled with energy storage space.

In a Dec. 27 filing with the Shenzhen stock market, the producer said the plant will be able to create 200,000 tons of commercial silicon, 150,000 tons of polysilicon, 10GW of solar cells and 3GW of modules a year. The production facility will be integrated in 2 stages.

To hedge versus higher power prices, Risen strategies to assign CNY 25.2 billion ($3.9 billion) to set up 3.5 GW of solar and 1.6 GW of wind, as well as an on-site energy storage center. The filing did not claim whether the whole procedure of the manufacturing plant will be powered solely by clean energy.

Risen runs numerous manufacturing facilities in China and also is presently establishing a 3GW cell and also module factory in Malaysia. According to its website, its module manufacturing ability has actually already reached 19.1 GW.

The supplier launched its first high-power item in May 2020 and showcased its most effective n-type photovoltaic panel with a power outcome of as much as 703.6 W previously this year.