Solar Module Manufacturer Risen Energy Acquires Polysilicon Business of Dunan

• Risen completed the purchase via its subsidiary Risen Orient

Chinese solar photovoltaic (PV) module producer Risen Energy just recently obtained a 100% stake in the polysilicon company of Dunan PV via its wholly-owned subsidiary, Risen Orient. Dunan PV is taken part in polysilicon manufacture as well as has a production capacity of 10,000 lots each year situated at Bayannur city, Inner Mongolia.

Risen is an incorporated manufacturer from solar wafers to modules. The firm also uses off-grid systems and is a programmer of solar projects. This procurement would certainly make it possible for Risen Energy's action towards upright assimilation of solar module production.

The business plans to make necessary changes to its initial manufacturing ability and satisfy the required silicon material top quality for N-type silicon wafer production. Risen has actually been participated in the r & d as well as production of solar crystalline silicon cells as well as modules together with the building and construction and also operation of solar projects.

For Risen Orient, the acquisition is anticipated to relieve the volatility threat caused by the imbalance of supply as well as need as well as aid boost the general core competition, efficiency, and risk resistance.

Solar module rates have continued to be unpredictable this year as a result of the interaction of numerous factors aggravated by explosions in China's leading polysilicon making units. The rates as well as the void in demand as well as supply are most likely to proceed till the first half of 2021.

Risen Energy emerged as one of the leading three solar module suppliers in India in terms of shipments in 1H 2020.

In September 2020, Risen had actually signed a 140 MW supply contract with UPC-AC Energy Solar Asia Limited. The multi-party bargain, suiting various stakeholder needs, contained Risen's Mono PERC modules being given over the turn of this year and also right into early 2021.