NINGBO, China, April 22, 2020 /PRNewswire/ -- Chinese PV leader Risen Energy Co., Ltd. (300118.SZ) disclosed its financial results for 2019 on the evening of April 17, 2020, local time. During the reporting period, the company recorded a total operating revenue of 14.404 billion yuan (approx. US$2.03 billion), an increase of 47.7% from the previous year.
Risen Energy (Stock Code: 300118, SZ) has been awarded one of the “2020 Top PV Brand in Australia”, by the European authoritative research institute, EuPD Research. Risen Energy has received this award for their outstanding product quality and excellent service. This is the third time Risen Energy has achieved this honor.
Greener, a leading Brazilian research agency, recently released the Strategic Market Research Report on Photovoltaic Power Generation in 2019, which was conducted by a total of 884 system integrators between December 19, 2019 and January 27, 2020.
Recently, Risen Energy announced that it reached an agreement with Shanghai Electric Group (referred to as Shanghai Electric) and will provide all modules for Phase I of Vietnam's Forte 50MW photovoltaic project. This project is the first cooperation between Risen Energy and Shanghai Electric, which signals another major breakthrough for Risen Energy in the Vietnamese photovoltaic market, after the company has won a number of major projects in Vietnam.
