Risen Energy garners two awards at the 6th Heterojunction International Forum

NINGBO,China,Jan. 24,2022 -- The 6th Heterojunction Leading Mass Production and Supply Chain Supporting Cooperation International Forum came to a successful closein Wuxi,a city in the center of the Yangtze River Delta in eastern China. RisenEnergy,agloballeader in high-power module technology,was invited to participate inthe event and wontwoawards,including 2021 Pioneerinthe HeterojunctionCell Industry and 2021 Best Supplier of Heterojunction Cell Modules,forits high-efficiency N-typecell technology and integration capabilities.

The annual awards for the heterojunction cellindustryaimto recognize industry leaders for their important contributions to innovation in technology,best management practices,and capabilities at mass production. On December 16,2021,Risen Energy announced that its high-efficiency heterojunction series had been certifiedby TUV SÜD as capable of delivering a maximum power of 721.016Wanda module efficiency of23.65%. This is the third time within a year that the company has set a new world record in the heterojunction sector. RisenEnergy,one of the first PV manufacturersto explore opportunities in the realm ofN-type heterojunction technology,has taken the lead in facilitatingtechnological transformation,while setting a new benchmark withitscompetitive N-type technology. The PioneerAward recognizesthe company's capabilities at innovation.

Additionally,RisenEnergyworks closely with both upstream and downstream providers tobuild a heterojunction product ecosystem,with the goal of ensuring the large-scale supply of heterojunction cell modulesthrough a significant reduction in production costs while boosting marketsentiment. As of the end of the third quarter of 2021,the firm had shipped more than 93MW of heterojunction modules,consolidating its leadership position in the industry. As part of its globalization roadmap,RisenEnergy launched a pilot production line with an annual capacity of 500MW at its Jintan facilityin Changzhou,a city in Jiangsu Province. To date,outputfrom the production linehas been sold to overseas markets,as well as to Chineseindustrial and commercial distributed markets.

In 2022,RisenEnergy plans to strengthen its research and development efforts in a move to address the growing demand for alternative energy in and outside China,as well as to assist in the pledge to reach peak CO2 emissions by 2030 and achieve carbon neutrality by 2060 (also known as the 30·60 goal) by facilitating the environmentally-friendly production of heterojunction cells and modules as well as advancements inaffordable technologies,alongside the development of more effective and profitable solutions.