Risen introduces US$ 7 billion development strategy extending silicon metal, n-type ingots as well as modules
- Solar supplier Risen Energy has disclosed the details of a RMB44.6 billion (US$ 7 billion) production capacity expansion plan that will certainly cover n-type polysilicon ingots, modules as well as renewables projects.
In late December, 'Solar Module Super League' (SMSL) member Risen revealed it had actually signed 2 contracts with the local government in Baotou City, Inner Mongolia, to advance capacity expansion strategies in the area.
The strategies are broadly divided into 2 certain areas; upstream material and also module manufacturing as well as downstream power generation projects, the power from which will be utilized to decrease the carbon intensity of the production operations.
Amongst the projects announced are a 200,000 MT silicon metal manufacturing center, a 150,000 MT high-purity silicon plant, an n-type silicon crystal production project with a capacity of 10GW and also a 10GW module assembly plant.
They will be joined by a crossbreed renewables project advancement that will integrate 3.5 GW of solar PV, 1.6 GW of onshore wind as well as an energy storage space center of unrevealed capacity.
| Expansion capacity | Estimated investment (RMB hundred million) | Construction plan |
| Silicon metal, 200,000 tons/year | 23.5 | Separately built in order |
| High purity silicon, 150,000 tons/year | 135 | Separately built in order |
| N-type silicon crystal ingots, 10GW/year | 30 | One-time construction |
| Modules, 10GW/year | 6 | One-time construction |
| 3.5GW solar PV facility | 140 | In batches |
| 1.6GW wind power facility | 112 | In batches |
| Energy storage project | Undisclosed | N/A |
Risen claimed the expansion plans would help the SMSL manufacturer develop an extra up and down integrated commercial production chain, setting up an extensive production plan from material, ingot, cell and module production, while additionally enhancing the firm's earnings.
Leading solar suppliers have, over the course of the last 18 months specifically, looked to become extra vertically integrated and hold even more control over their supply chains owing to extreme price volatility upstream as well as required labour allegations producing a requirement for better supply chain openness and also traceability.