Risen Energy Co.,Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Risen Energy Co.,Ltd.

Risen Energy Co., Ltd. was founded in 2002 in Ningbo, China. The company is known for manufacturing and supplying solar energy products, including photovoltaic modules and power generation systems. Over the years, Risen Energy has established itself as a significant player in the global solar energy market.

By 2010, Risen Energy had become publicly traded, listing on the Shenzhen Stock Exchange with the ticker symbol 300118. This move allowed the company to expand its operations and invest significantly in research and development to enhance its technology and manufacturing processes.

In 2016, Risen Energy made a notable achievement by becoming one of the world's leading solar module manufacturers. The company reported a production capacity of approximately 3.5 GW for crystalline silicon solar cells and modules. This capacity has grown steadily in subsequent years, reflecting the increasing demand for renewable energy solutions globally.

In 2020, the company achieved a net revenue of approximately CNY 10.64 billion, a substantial increase from CNY 5.93 billion in 2019. The growth was driven by an increase in global shipments, which reached around 9.5 GW in 2020.

Risen Energy has also actively pursued international expansion. In 2021, the company established joint ventures and partnerships in markets including Europe, North America, and Latin America. As a result, its global market presence strengthened, with exports constituting over 40% of its total sales.

The following table summarizes the key financial metrics and production capacities of Risen Energy from 2018 to 2021:

In 2022, Risen Energy continued to grow by enhancing its technological advancements. The company invested heavily in the development of high-efficiency modules and bifacial solar panels, which have higher energy yield and are more environmentally friendly. The company’s R&D expenses in 2022 were approximately CNY 500 million.

As of 2023, Risen Energy has ramped up its production capacity to 10 GW and maintains a strong position in the renewable energy sector, focusing on sustainability and innovation to meet the growing energy demands worldwide. The company's stock performance has also been robust, reflecting its solid financial health and growth trajectory.

Risen Energy’s commitment to sustainability is further demonstrated through its investment in solar power plants, with a cumulative installed capacity exceeding 25 GW globally by early 2023.

A Who Owns Risen Energy Co.,Ltd.

Risen Energy Co., Ltd. is a publicly traded company listed on the Shenzhen Stock Exchange under the ticker symbol 300118. As of September 2023, Risen Energy has a market capitalization of approximately ¥67.1 billion (around $9.2 billion USD). The company focuses on the research, development, production, and sale of photovoltaic products.

The ownership structure of Risen Energy is characterized by a mix of institutional and individual shareholders, with substantial stakes held by founding members and executives. The major shareholders are outlined in the following table:

As of the most recent financial reports, Risen Energy generated total revenues of approximately ¥34.6 billion (around $4.8 billion USD) for the fiscal year ended June 30, 2023, representing a year-over-year growth of 15.2%.

The company has also made significant investments in expanding its production capacity. In 2022, Risen Energy announced plans to invest ¥5 billion (approximately $690 million USD) to increase its solar cell production capacity from 5 GW to 10 GW by 2025.

Risen Energy's strategic partnerships also play a role in its ownership dynamics. The company has collaborated with various international firms, enhancing its market reach and operational efficiencies, although the direct ownership stakes from these partnerships are not publicly disclosed.

Additionally, Risen Energy has seen a growing interest from foreign institutional investors, with recent reports indicating a 25% increase in foreign ownership in the past year, reflecting increased confidence in the company's long-term growth prospects.

Overall, the ownership landscape of Risen Energy Co., Ltd. is characterized by significant control from founders and the founding group, mixed with a diverse range of institutional and retail investors, reflecting a broad investor base engaged in the renewable energy sector.

Risen Energy Co.,Ltd. Mission Statement

Risen Energy Co., Ltd. is committed to providing high-quality photovoltaic products and solutions, empowering clean energy development globally. The company emphasizes sustainability, innovation, and operational excellence. This mission aligns with their core values and strategic objectives, focusing on enhancing global energy transformation.

As of 2022, Risen Energy reported a revenue of approximately ¥63.94 billion, reflecting a year-on-year growth of 26.3%. This growth can be attributed to the increasing demand for solar energy solutions worldwide.

The company's strategic objectives include:

• Expanding production capacity to meet rising global demands.
• Investing in research and development to drive innovation in renewable energy technologies.
• Enhancing customer satisfaction through comprehensive services and reliable products.

Risen Energy’s product offerings include monocrystalline silicon modules, bifacial modules, and solar cells. Their advanced manufacturing capabilities underscore their mission of sustainability and efficiency.

Risen Energy's commitment to clean energy is evident through their continuous investments in solar technology, which now exceeds ¥5 billion in R&D annually. Their mission statement encapsulates a vision of a sustainable future, leveraging their technological advancements to contribute to global energy solutions.

The company has also set ambitious targets for the coming years, aiming for a production capacity of 20 GW by 2025, underscoring the strategic thrust behind their mission statement. Their focus on environmental responsibility and innovation is expected to drive growth in the renewable energy sector.

How Risen Energy Co.,Ltd. Works

Risen Energy Co., Ltd., a leading global provider of solar photovoltaic (PV) products, focuses on the research, development, manufacturing, and sale of solar modules. Founded in 2002, the company has established a notable presence in various markets, especially in Europe, Asia, and North America.

Risen Energy’s operational framework revolves around vertical integration, which covers the entire production process from polysilicon to solar cells and finally solar modules. This integration allows the company to maintain quality control and reduce costs.

As of 2022, Risen Energy reported a total revenue of approximately ¥45 billion (around $6.9 billion), reflecting a growth of 20% year-over-year. This increase can be attributed to the rising global demand for renewable energy sources, particularly solar power.

The company’s manufacturing capacity is significant, with an annual production capability of 25 GW of solar modules as of the end of 2022. This includes high-efficiency monocrystalline and polycrystalline solar panels which are critical in capturing solar energy efficiently.

Risen Energy's commitment to innovation is underscored by its investment in research and development, which accounted for approximately 5% of its total revenue in 2022. This investment has led to advancements in solar technology, including the development of bifacial solar panels that capture sunlight on both sides, improving energy efficiency by as much as 30% compared to traditional panels.

The company has also expanded its global footprint by establishing subsidiaries and partnerships in key markets. For instance, Risen Energy has formed alliances in countries like Germany, the United States, and India, thereby enhancing its distribution networks and customer base.

In terms of sustainability, Risen Energy aims to reduce its carbon footprint by implementing eco-friendly practices throughout its manufacturing processes. The company has achieved a reduction in energy consumption per unit of output by 10% over the past two years, aligning with global sustainability goals.

Sales distribution reveals that Risen Energy generates nearly 55% of its revenue from international markets, with Europe being a significant buyer due to its ambitious renewable energy targets. In addition, the company is part of various incentive programs, such as the European Green Deal, which supports the deployment of renewable energy solutions.

Overall, Risen Energy Co., Ltd. successfully integrates technological innovation with an expansive global strategy, positioning itself as a prominent player in the solar energy sector while responding to the growing demand for sustainable energy solutions.

How Risen Energy Co.,Ltd. Makes Money

Risen Energy Co., Ltd. primarily generates revenue through the manufacturing and sale of solar photovoltaic (PV) products, along with providing related services. The company specializes in the production of high-efficiency solar panels and inverters, which are essential components of solar power systems.

In 2022, Risen Energy reported a total revenue of approximately RMB 38.67 billion (around USD 5.74 billion), reflecting a significant increase from RMB 24.56 billion in 2021. This growth can be attributed to the rising global demand for renewable energy solutions and the company’s expanded production capabilities.

The breakdown of revenue sources is crucial in understanding Risen Energy's business model:

Risen Energy's solar modules segment dominates revenue, contributing approximately 84% of total sales in 2022. The company’s solar panels are known for their high efficiency and competitive pricing, which enhance their market presence both domestically and internationally.

The firm's global strategy includes strategic partnerships and collaboration with international solar project developers, enhancing their ability to provide end-to-end solar solutions. This has allowed Risen Energy to secure contracts in various markets, including Europe, North America, and Asia. For instance, in 2022, the company successfully entered into a long-term supply agreement with a European solar project developer worth USD 1 billion.

Another key aspect of Risen Energy's revenue generation is its investment in research and development (R&D). In 2022, the company allocated approximately RMB 1.1 billion towards R&D, which is critical for advancing its technology and maintaining competitiveness in the rapidly evolving solar industry.

Furthermore, Risen Energy benefits from government incentives and subsidies aimed at promoting renewable energy. In 2022, the Chinese government provided substantial subsidies which contributed to a margin improvement, allowing the company to maintain profitability despite rising raw material costs. Risen Energy’s gross margin for 2022 was reported at 18.6%, up from 12.8% in 2021.

The company's operational efficiency is highlighted by its production capacity. As of the end of 2022, Risen Energy's annual production capacity reached approximately 30 GW for solar PV modules, making it one of the largest manufacturers in China.

To further enhance its revenue generation, Risen Energy is expanding its operational footprint by establishing manufacturing facilities in overseas markets. The company's recent investment in a plant in Vietnam, valued at USD 500 million, is aimed at reducing logistics costs and improving service delivery to its international clients.

Overall, Risen Energy Co., Ltd. derives its revenue through a combination of high-volume solar panel sales, innovative technology, strategic global partnerships, and significant investment in production and R&D. These elements work cohesively to position the company as a prominent player in the global renewable energy market.