Risen Energy Announces that the Largest PV Carport is under Construction in Hangzhou Bay

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Nov 18, 2015, 10:20 ET

NINGBO, China, Nov. 18, 2015 /PRNewswire/ -- The largest PV carport began construction in Hangzhou Bay in the first half of 2015. The first phase, with a capacity of 20MW, will use 255W high quality PV modules from Risen Energy.

The project total capacity is 55MW and covers an area about 20 soccer fields, which is enough space to park more than 20000 vehicles. It is the largest BIPV project in the world and will be used as a employee parking area at the Shanghai Volkswagen Ningbo Branch. The project is further evidence that Hangzhou Bay promotes comprehensive land development.

Hangzhou Bay will combine future city planning, "wisdom city" and "low-carbon city" to accelerate the implementation of comprehensive development projects. It will overcome what is often referred to as "urban disease" and promote the sustainable development. Risen Energy, a top PV module manufacturer, is happy to be able to take part in the PV carport project and contribute to the sustainable development of Hangzhou Bay.

About Risen Energy

Risen Energy Co., Ltd. was founded in 2002 and listed as a Chinese public company (Stock Code: 300118) in 2010. Risen Energy is one of the pioneers in solar industry and has been committed to this industry as a R&D expert, an integrated manufacturer from wafers to modules, a manufacturer of off-grid systems, and also an investor, a developer and an EPC of PV projects. Aiming to deliver green energy worldwide, Risen Energy is developing internationally with offices and sales networks in China, Germany, Australia, Mexico, India, Chile, and Benin. During its rapid growth, Risen Energy has maintained a stable pace with an average debt ratio at around 50% from 2011 to 2014 and it also aims to set up subsidiaries for Internet Finance and Financial Leasing as one step towards "Internet Energy".