Ningbo, China, Aug. 24, 2018 /PRNewswire/ -- Risen Energy Co., Ltd. recently announced that the company has signed an agreement with the Massachusetts Institute of Technology (MIT) under the Industrial Liaison Program (ILP), whereby the two sides will engage in a series of in-depth collaborations concerning technology R&D, talent development and retention, as well as information sharing.
Risen Energy, China’s major solar company, released their quarterly financial statements last week and within, reported nearly 150 percent growth in revenue for the first quarter this year, due to rising sales of solar products and subsidiary restructuring.
Risen Energy announced recently that following the acquisition in February of a 100% stake in the Yarranlea solar farm project located 50km southwest of Toowoomba, in Australia's Queensland state, construction of the project officially started this month.
Now we can see the conduction that PV subsidies are reducing, owners take more attention to LCOE and seek the solutions of reducing the cost in PV power projects. Thoughtful Risen Energy launches 1500V series PV modules for customers.
Recently, the chairman of Risen Energy, Mr. Lin Haifeng and the oversea project director, Mr. Champion Yuan visited the Mexico branch of Risen Energy, in Durango, Mexico.
Recently, Risen Energy signed a mandate letter with the European Bank for Reconstruction and Development (EBRD) for financing construction a 63MW solar project in Kazakhstan during the 27th annual meeting of EBRD held in Jordan.