Risen Energy has its sights set on developing a huge vertically integrated solar manufacturing project in China accompanied by a major solar, wind and energy storage facility to help power it all – and then some.
In an announcement to the Shenzhen Stock Exchange earlier this week, Risen Energy said it had signed an Investment Framework Agreement with the Government of Baotou City, Inner Mongolia for the vertically integrated “demonstration project” combining solar manufacturing and renewables-based electricity generation.
The manufacturing side of the project involves annual production capacities of the following:
- 200,000 tonnes of silicon “metal”
- 150,000 tonnes of polysilicon
- 10 GW of solar cells
- 3 GW of solar panels
The electricity generation aspect:
- 3.5 GW of solar power
- 1.6 GW of wind capacity
- Energy storage (capacity and type not mentioned)
The total investment for the project is initially estimated to be 44.65 billion yuan, which is around AUD $9.7 billion.
The polysilicon aspect alone is potentially very good news; adding to a bunch of new polysilicon production capacity recently brought online and in the pipeline that will help to reduce the price of sought-after material.
It’s early days for this project, with various hurdles yet to be cleared.
New HJT Conversion Efficiency Record
In other recent news from the company, Risen Energy announced last week testing and certification organization TÜV Rheinland confirmed Risen’s heterojunction (HJT) module series have achieved a maximum power of 721.016W and a module efficiency of 23.65 percent. This bettered the company record of 23.08 percent set in July this year.
“As a leader in heterojunction (HJT) technology, Risen Energy has broken its own HJT world record three times in one year, constantly challenging limits and achieving new innovations in technology,” stated the company.
HJT cell technology involves crystalline silicon cells with thin layers of amorphous thin-film silicon above and below them.
As far as I know, the world record for a HJT cell (not panel) is currently held by another major Chinese PV manufacturer: Longi – 25.82%
The Risen panel wasn’t named, but at that wattage it’s assumed to be part of the new NewT@N series originally unveiled at SNEC 2021 in June and doesn’t appear to be in full production yet. As well as being big on power, the NewT@N series is big on size and weight – 2,384 x 1,303 x 35 mm / 35 kg – and has been developed for the commercial and industrial sectors.
Other Risen Energy solar panels targeting the residential market have been pretty popular in Australia. While the company has been a SolarQuotes recommended brand in the past, it isn’t currently listed due to some customer service/warranty related concerns.
As well as manufacturing solar panels, the company also has a track record for building and operating solar farms. Here in Australia, there’s the 100MW Merredin Solar Farm in Western Australia and the 103MW Yarranlea Solar Farm in Queensland. In July this year, Risen Energy signalled its intention to construct a small solar farm in North Wagga, New South Wales.
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