{"id":18137,"date":"2023-04-28T17:00:00","date_gmt":"2023-04-28T17:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4083476_AE83476_0"},"modified":"2023-04-28T17:00:00","modified_gmt":"2023-04-28T17:00:00","slug":"risen-energy-publishes-2022-annual-report-reporting-56-05-year-on-year-revenue-growth","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=18137","title":{"rendered":"Risen Energy Publishes 2022 Annual Report, Reporting 56.05% Year-On-Year Revenue Growth"},"content":{"rendered":"<p><span class=\"xn-location\">NINGBO, China<\/span>, <span class=\"xn-chron\">April 29, 2023<\/span> \/PRNewswire\/ &#8212; Risen Energy Co., Ltd., a global leading manufacturer of high-performance solar photovoltaic products, has published its 2022 annual report on <span class=\"xn-chron\">April 21<\/span>.<\/p>\n<p>In 2022, Risen Energy achieved a total revenue of <span class=\"xn-money\">29.38 billion yuan<\/span> (<span class=\"xn-money\">USD 4.24 billion<\/span>), a 56.05 percent growth year-on-year. Its net profit attributable to shareholders reached <span class=\"xn-money\">945 million yuan<\/span> (<span class=\"xn-money\">USD 136.52 million<\/span>), a 2,332.31 percent increase year-on-year. The net profit excluding extraordinary profit and loss was 1.026 billionyuan (<span class=\"xn-money\">USD 148.22 million<\/span>), a 258.5 percent increase year-on-year.<\/p>\n<p>Risen Energy&#8217;s annual production capacity of photovoltaic modules amounted to 25GWin 2022, mainly from its manufacturing bases in <span class=\"xn-location\">Ningbo<\/span> and Yiwu of <span class=\"xn-location\">Zhejiang Province<\/span>, Jintan of <span class=\"xn-location\">Jiangsu Province<\/span>, Chuzhou of <span class=\"xn-location\">Anhui Province<\/span>, Baotou of Inner Mongolia, and <span class=\"xn-location\">Malaysia<\/span>.<\/p>\n<p><b> Pr<\/b><b>omoting <\/b> <b> R&amp;D <\/b> <b> innovation <\/b> <b> and <\/b> <b> building <\/b> <b> integrated <\/b> <b> industry <\/b> <b> chain <\/b><\/p>\n<p>In 2022, Risen Energy updated its products with the latest innovative technologies. It also improved the power of its 210mm high-performance monocrystalline PERC module to reach 670Wp max, the power of TOPCon module to 690Wp max, and the power of heterojunction module to 740Wp max.<\/p>\n<p>The company launched a series of new products, especially BIPV products designed for commercial and civil building rooftops, catering to a wide range of application scenarios.<\/p>\n<p>In terms of innovative R&amp;D, Risen Energy has tackled high-efficiency HJT cell technology that achieves a high conversion efficiency of up to 25.5 percent.<\/p>\n<p>At the moment, Risen Energy is pushing forward multiple key projects including the 5GW n-type ultra-low carbon high-efficiency heterojunction cell and module and 10GW high-efficiency solar module project in Ninghai, <span class=\"xn-location\">Zhejiang<\/span>; 4GWhigh-efficiency solar cell and 6GW high-efficiency solar module project in Jintan, <span class=\"xn-location\">Jiangsu<\/span>; and 10GW\/year high-efficiency solar cell project in Chuzhou, <span class=\"xn-location\">Anhui<\/span>.<\/p>\n<p>&#8220;2022 has been a fruitful year for Risen Energy, as we focus on powering the world with superior quality and cost-effective products and solutions. Risen Energy will continue to strengthen our investment in the R&amp;D of our energy storage business, further optimize the comprehensive product structure, and build an integrated industry layout to elevate our service capabilities and economies of scale,&#8221; said Risen Energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NINGBO, China, April 29, 2023 \/PRNewswire\/ &#8212; Risen Energy Co., Ltd., a global leading manufacturer of high-performance solar photovoltaic products, has published its 2022 annual report on April 21. In 2022, Risen Energy achieved a total revenue of 29.38 billion yuan (USD 4.24 billion), a 56.05 percent growth year-on-year. Its net profit attributable to shareholders [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-18137","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Risen Energy Publishes 2022 Annual Report, Reporting 56.05% Year-On-Year Revenue Growth - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=18137\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Risen Energy Publishes 2022 Annual Report, Reporting 56.05% Year-On-Year Revenue Growth - My Blog\" \/>\n<meta property=\"og:description\" content=\"NINGBO, China, April 29, 2023 \/PRNewswire\/ &#8212; Risen Energy Co., Ltd., a global leading manufacturer of high-performance solar photovoltaic products, has published its 2022 annual report on April 21. 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