Risen Energy announced its first investment in Southeast Asia, planning to invest RM42.2 billion over 15 years to build a 3GW high-efficiency photovoltaic module production base in Kulim Hi-Tech Park, Kedah, Malaysia. The facility is expected to create about 3,000 jobs.
Shanghai Shangji Numerical Control's subsidiary Hongyuan New Material signed a polysilicon procurement contract with Risen Energy and Juguang Silicon for 50,000 tons from April 2021 to December 2024, with an estimated value of 64 billion yuan.
Flat Glass Group (Fulai Te) has signed a strategic agreement with Risen Energy (Dongfang Risheng) to supply photovoltaic rolled glass for 34 GW of solar modules from 2021 to 2023. The estimated total contract value is about 89.08 billion yuan.
Risen Energy signed a three-year strategic agreement with Flat Glass Group to purchase approximately 234 million square meters of photovoltaic rolled glass for 34 GW of modules, with an estimated total value of CNY 8.908 billion. The agreement was announced on January 21, 2021.
| Site | Largest | Latest |
|---|---|---|
| Kulim Hi-Tech Park, Malaysia | $10.2B | 2021-06-24 |