About Risen Solar Technology
Risen Solar Technology was established in 1986. It listed on China’s Shenzhen Stock Exchange in 2019 where it trades as an A-Grade share. It has over 10,000 employees, and offices and sales networks in Australia, China, Germany, India, Japan, Mexico, and United States. It manufactures solar panels and off-grid systems, and also invests in grid-scale projects.
Risen Solar Technology has production capacity for 11.1 GW solar modules. This is close to 20% of Australia’s installed electricity generating capacity. It has supplied large solar arrays in Australia, Austria, Belgium, Brazil, Bulgaria, Chile, Czech Republic, Gabon, Germany, Japan, Kazakhstan, Mexico, Rumania, United Kingdom, United States, and Vietnam.
- Projects meet TüV, CE, UL, GS, ROHS, REACH, PAHS and other certifications
- ISO14001 environmental management system / ISO9001 quality management compliance
- GB / T28000 occupational health and safety management system certification
- Gold award for the photovoltaic industry at the 9th China Brand Festival in 2015
- Included in first batch of photovoltaic ‘Top Runners’ certification and other awards
- Sixth place among the top 20 Chinese photovoltaic module companies in 2017
- A national-level independent photovoltaic laboratory with CNAS certification
- Able to do 54 project tests per EC61215, IEC61730-2 and UL1703 standards
- Maintained a stable average debt ratio at around 60% from 2011 through to 2019
Key Projects in Australia
Risen Solar Technology established an Australian presence in 2008, and has supplied photovoltaic panels to the local market since then. Its long-term goals include funding, constructing and operating commercial and utility-scale solar projects. Its major roles in Australia currently include:
- Supplying quality solar panels to the domestic market
- Supplying and constructing commercial solar projects
- Building and operating utility-scale operations
- Finance partners for large solar developments
On 9 August 2019, Risen Solar Technology announced it achieved its highest growth in Australian solar module sales for a one-year period. It had sold 120 MW in the most recent 12 months, compared to 20 MW in the same period the previous year.
It says it now ranks third in the Australian rooftop photovoltaic distribution segment, capturing 10% of the total local market. It also has plans to acquire 2 GW of solar projects in stages. The two front runners in this regard are:
- The fully functional 121 MW Yarranlea Solar Farm in Queensland, now trading on the open market
- The 32 MW Merredin Solar Farm under construction. This will also trade on the open market
Risen Solar Video