Enhancing our ESG Sustainability Initiatives Even Further

In 2023, we introduced the "RISEN" sustainable development strategy, along with detailed objectives, to enhance our ESG sustainability initiatives even further:

Responsible: To be a responsible company advocating for ethical business practices.

Inclusive: Establishing an equitable and inclusive workplace to unlock the potential of our talents.

Sustainable: Promoting a green and sustainable future by minimizing our environmental footprint.

Empowering: Empowering employees and stakeholders by sharing developmental achievements.

Navigating: Strengthening innovation, and collaborating both upstream and downstream partners to drive industry advancement.

In 2023, Risen Energy made a firm commitment to achieve operational carbon neutrality by 2030 and full value chain carbon neutrality by 2050, aligning with the global goal of limiting temperature rise to 1.5°C. Our focus includes ongoing optimization of our energy structure with a target of reducing our operational greenhouse gas emissions (Scope 1 and Scope 2) by 50% by 2030.

Driven by the "RISEN" strategy and the “carbon peak and carbon neutrality” objectives, our ESG practices have received high recognition both within and outside the industry. In 2023, we were honored with awards including the "Green Supply Chain" award from Energy Magazine, TUV SUD's "Best Carbon Neutral Practice in the Solar Energy Storage Industry," and the "2023 ESG Pioneer Enterprise Award" at the 13th Public Philanthropy Festival. Our MSCI ESG rating reached the highest level of BBB within the domestic photovoltaic industry.

Showcasing Our Advantages in Low-carbon and Energy Efficiency Worldwide by Developing Heterojunction Technology

We firmly believe that continuous breakthroughs in the research and development of low-carbon, high-energy solar technology are essential to realizing sustainable development.

In 2023, Risen Energy achieved an industry milestone by being the first to mass-produce our proprietary patented 0BB cell technology, 210 ultra-thin silicon wafer technology, silver usage less than 7mg/W, and Hyper-link stress-free interconnection technology. With technological iteration, our Heterojunction Hyper-Ion modules achieved a peak power of 741.456Wp and conversion efficiency of 23.9%. The carbon footprint reached an industry low of 376.5kg eq CO2/kWc, and the 30-yearproduct power retention rate can exceed 90%, fully meeting market demands for efficiency, low carbon, and high economic value.

Continuing to Promote Our Energy Storage Business in the World

Energy storage is a pivotal technology supporting the achievement of the "dual carbon" goal. The advancement and maturity of the energy storage industry are crucial for establishing a power system based on renewable energy sources.

In 2023, SYL's liquid-cooled energy storage battery system marked a significant achievement by becoming the first in China to attain UL9540A certification simultaneously in both China and the United States, highlighting its leadership in technological innovation. Moreover, SYL has progressed from its initial role as a DC-side system integrator to emerge as a comprehensive energy storage application service provider. The successful debut of the first 1750KW PCS further bolsters SYL's proficiency in integrating energy storage systems.

Promoting Low-Carbon Building Industry by Our BIPV Solutions

In 2023, Risen Energy's BIPV responded to the trend of energy-efficient and environmentally friendly buildings by offering sought-after BIPV solutions in diverse settings such as industrial and commercial buildings, public facilities, and residential structures. Meanwhile, guided by a philosophy of prioritizing technology and quality, we seamlessly integrate photovoltaic power generation technology with building structures, achieving a full fusion of photovoltaics and architecture.