Risen Energy Co., Ltd., a leading solar photovoltaic products manufacturer, has released its impressive 2023 financial results, showcasing significant growth in the solar energy sector. The company reported a revenue of approximately 35.33 billion yuan in 2023, up 20.22% year over year, with a net profit of 1.58 billion yuan, showing a 55.77% increase compared to the previous year. Risen Energy’s net assets attributable to shareholders also grew by 62.47% to 15.2 billion yuan in 2023.
In terms of technological advancements, Risen Energy achieved several milestones in 2023, including setting a new record efficiency of 23.9% for its Hyper-ion modules and obtaining international certifications for its high-efficiency modules. The company also developed and owned 740 patent-pending technologies, further solidifying its position as an industry leader. Risen Energy’s innovative products, such as the Super Energy series for residential and commercial rooftops, have showcased superior performance and ease of installation.
Furthermore, Risen Energy has made significant progress in the field of energy storage, utilizing its “3S” technologies and developing a liquid-cooled battery energy storage system that meets both Chinese and American standards. The company’s commitment to environmental, social, and governance (ESG) initiatives is evident in its achievements, including obtaining SA8000 certification and increasing its clean energy usage.
Founded in 1986 and publicly traded in 2010, Risen Energy is a globally recognized manufacturer of high-performance solar PV products with a Tier 1 “AAA” credit rating. The company’s commitment to techno-commercial innovation, top-quality products, and strong support has established it as a trusted supplier of energy generation solutions.
Overall, Risen Energy’s 2023 financial results and technological advancements demonstrate its continued growth and leadership in the solar energy sector. With a focus on innovation, quality, and sustainability, Risen Energy is well-positioned to drive further advancements in the industry and provide cost-effective solar PV solutions for residential, commercial, and industrial applications.
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