Risen Energy, a solar panel maker from China, has won an order to provide 150 MW solar PV modules to a power station in Malaysia.
Risen Energy will supply Jaeger 144 modules with an output power up to 395W each to the project. The solar panel supply company will ship its modules in batches starting this month – aiming to complete the delivery by June 2020, said Risen Energy president Xie Jian.
Risen Energy said its optimised Jaeger modules can minimise hotspots and impacts from shade effect on their performance in power generation. Risen Energy said its modules will bring the project owner a lower cost of electricity (LCOE) and higher income from power generation.
Risen Energy forecasts a net profit between $107-114 million in the first three quarters of 2019.
Risen Energy has recently signed agreements to supply 8MW of modules to a ground power station in Poland. The project will use 300W single crystal modules from Risen, which started shipping at the end of August.
The company also signed a 6.6MW module supply order to furnish efficient polycrystalline 330W modules to a second Polish project. Construction of the second power station will start in October in collaboration with local EPCs and is expected to be connected to the grid before 2020.