Risen Energy Co., Ltd, a leading, Tier 1 manufacturer of high-performance solar 
photovoltaic products, today disclosed the signing of a contract for 1.5 GW of 
its Bifacial Mono PERC Solar PV modules, in cooperation with a well-known, 
independent, global power producer.

The emergence of bifacial modules is rapidly gaining pace due to the growing 
requirement to generate more energy for less money, with the bifacial features 
dovetailing fully into this paradigm. While initial adoption after introduction 
was relatively slow, discerning solar industry players have now awoken to the 
positive attributes the bifacial format provides the arsenal of tools that 
every IPP calls upon to maximise their revenue and profits.

Having established their credibility over recent years with more traditional 
solar PV formats, Risen has quietly developed an equally credible presence in 
the bifacial camp, which has currently culminated in the award of a noteworthy 
1.5 GW order placement. The contract, which distributes the new technology onto 
the European, African and South American continents, is already well underway 
with some 900 MW organised and concludes in the first half of 2021. 

Mr. Bypina Veerraju Chaudary, CSMO of Risen stated: "This is one of our largest 
orders to date, and particularly significant for Risen's bifacial program. When 
you cut through all of the gloss and marketing blurb, the front face energy 
capture is superior to historic products, the recombinant power loss is less 
over time, the module integrity is greater allowing for a 30 year power 
warranty, the compatibly framed modules ensure no additional BOS issues, and 
there is the wonderful addition of rear face energy capture to boot. The icing 
on this feature rich cake comes from the simple further fact that the cost of 
Risen bifacial modules is only marginally higher than the old guard, making 
them an easy choice when deciding on what to use and why."

The aforementioned 1.5 GW order, from the world renowned international 
developer, is testament to the integrity of these performance claims, standing 
up to the scrutiny that any purchaser can apply to validate their decision to 
obtain the best possible financial outcome, both in the short and long term. It 
also underscores the generally held belief that in 2021, around 70% of all new 
IPP installations will migrate to the bifacial concept; it's easy to see why. 

Delivering dramatic improvements in positive technological and commercial 
attributes while minimising the negatives is no mean feat, but Risen's bifacial 
modules do just that, and they are here, in market, now. 

About Risen 

Risen Energy is a leading, global, Tier1, "AAA" credit rated manufacturer of 
high-performance solar photovoltaic products and provider of total business 
solutions for power generation. The Company, founded in 1986 and publicly 
listed in 2010, compels value generation for its global customers. 
Techno-commercial innovation, underpinned by consummate quality and support, 
encircle Risen total Solar PV business solutions which are among the most 
powerful and cost effective in the industry. With local market presence, and 
strong financial bankability status, we are committed, and able, to building 
strategic, mutually beneficial collaborations with our partners, as together we 
capitalise on the rising value of green energy.

SOURCE  Risen Energy Co., Ltd