Risen Energy Co.,Ltd. (300118.SZ) Bundle
Risen Energy Co., Ltd., founded in 1986 and listed on the Shenzhen Stock Exchange under stock code 300118 since 2010, has grown into a global PV leader with a cumulative module shipment exceeding 114.5 GW by 2025 and reported 35.327 billion yuan in sales revenue in 2023; operating from more than 100 offices worldwide and serving over 15,000 customers, the company pairs its mission to 'continuously improve the energy landscape and make human life better through scientific and technological innovation' with a vision of 'empowering green new energy to create a new way of life for humanity' and a core value-'Performance is dignity'-while advancing a fully circular green manufacturing ecosystem (EU RoHS compliant, 100% recyclable packaging) and earning 2024 recognitions as a sustainable development best-practice case and an EcoVadis Silver Medal for ESG performance, inviting a closer look at how these numbers and principles drive its strategy and global impact
Risen Energy Co.,Ltd. (300118.SZ) - Intro
Risen Energy Co.,Ltd. (300118.SZ) is a global leader in photovoltaic (PV) power generation systems, solar cells, and modules. Founded in 1986 and listed on the Shenzhen Stock Exchange in 2010 (stock code 300118), Risen Energy combines large-scale manufacturing, global commercial reach, and sustainability-driven operations. By 2025 the company's cumulative PV module shipments exceeded 114.5 GW, and in 2023 it reported annual sales revenue of 35.327 billion yuan. The business network spans over 100 offices and branches, serving more than 15,000 customers worldwide. In 2024 Risen Energy was recognized as a best-practice case in sustainable development among Chinese listed companies and awarded a Silver Medal by EcoVadis for ESG performance. Learn more about the company background and strategic evolution: Risen Energy Co.,Ltd.: History, Ownership, Mission, How It Works & Makes MoneyMission Statement
Risen Energy's mission centers on accelerating the global energy transition by delivering reliable, high-efficiency PV products and integrated clean-energy solutions while embedding circularity and compliance throughout its value chain.- Deliver world-class PV modules, cells, and system solutions to enable affordable renewable energy at scale.
- Integrate sustainability across product life cycles-material sourcing, manufacturing, logistics, installation, and recycling.
- Support global decarbonization by partnering with utilities, developers, and industrial customers to deploy large-scale PV projects.
Vision
To be a trusted global partner and technology leader that empowers a net-zero energy future through continuous innovation, resilient supply chains, and measurable environmental and social impact.- Scale PV deployment to meet growing global electrification and clean-energy demand.
- Advance PV efficiency and system-level integration (battery storage, smart energy management) to maximize grid stability and customer value.
- Create a closed-loop manufacturing ecosystem that minimizes waste and promotes circular economy principles.
Core Values
- Innovation: Invest in R&D to improve cell and module efficiency, reduce levelized cost of electricity, and expand system solutions.
- Integrity & Compliance: Adhere to global regulatory standards-RoHS-compliant materials, recyclable packaging, and transparent ESG reporting.
- Customer Focus: Serve a diverse customer base of 15,000+ with localized support through 100+ offices and branches.
- Sustainability: Pursue circular manufacturing, 100% recyclable packaging, and lifecycle stewardship for modules and materials.
- Collaboration: Build partnerships across supply chain, developers, utilities, and research institutions to accelerate deployment.
Key Metrics & Performance Indicators
| Metric | Value / Year | Notes |
|---|---|---|
| Cumulative PV Module Shipments | 114.5 GW (by 2025) | Aggregated global shipments since inception |
| Annual Revenue | 35.327 billion yuan (2023) | Consolidated sales revenue for fiscal year 2023 |
| Global Offices & Branches | 100+ | Regional sales, service, and technical support network |
| Global Customers | 15,000+ | Developers, EPCs, distributors, utilities, commercial & industrial clients |
| Packaging Recycling | 100% recyclable | Company commitment for packaging materials |
| Material Compliance | EU RoHS Directive compliance | All materials meet RoHS standards |
| ESG Recognition | EcoVadis Silver Medal (2024) | Sustainability assessment and best-practice recognition |
Strategic Priorities Aligned with Mission & Vision
- Scale production and shipment capacity to support 100+ GW cumulative deployment targets while maintaining module quality and reliability.
- Enhance R&D investment to raise module efficiency and reduce degradation rates-supporting lower LCOE for customers.
- Expand integrated clean-energy offerings: PV + storage + smart energy management platforms for commercial, industrial, and utility-scale projects.
- Deepen circular manufacturing: upstream material traceability, closed-loop recycling programs, and full compliance with international environmental standards.
- Strengthen global service footprint to ensure lifecycle performance, warranties, and EPC partnerships across 100+ offices.
Risen Energy Co.,Ltd. (300118.SZ) - Overview
Risen Energy's mission is to 'continuously improve the energy landscape and make human life better through scientific and technological innovation.' This guiding purpose shapes strategy, operations, and stakeholder engagement across technology development, manufacturing, project deployment, and ESG integration.- Mission focus: advancing renewable-energy technologies to enhance global energy structures and deliver green new energy solutions worldwide.
- Core emphasis: technological innovation as the primary lever for addressing climate and energy security challenges.
- ESG integration: corporate policies and capital allocation oriented to sustainable development and decarbonization.
- Consistency: mission has remained stable over time, reflecting long-term commitment to innovation and sustainability.
- R&D and product innovation - higher-efficiency modules, bifacial and heterojunction technologies, smart PV systems.
- Global deployment - expanding downstream project development and overseas sales channels.
- Sustainability - reducing lifecycle emissions, circular economy initiatives for modules, and supplier ESG management.
- Operational excellence - scale manufacturing, cost control, and improving yield rates across plants.
| Metric | Reported / Target | Notes |
|---|---|---|
| Stock code | 300118.SZ | Listed on Shenzhen Stock Exchange |
| Annual revenue (latest fiscal year) | RMB 39.2 billion | Reflects PV module sales, system solutions and project contracting |
| Net profit (latest fiscal year) | RMB 1.9 billion | Profitability amid industry price cycles and vertical integration |
| Module shipments (annual) | 30.5 GW | Global deliveries to utility-scale, commercial & residential markets |
| R&D investment (annual) | RMB 1.2 billion | Allocated to cell/module efficiency, reliability, and system integration |
| Installed/operating power plants (owned & EPC) | 4.8 GW (equity and contracted) | Downstream portfolio supporting recurring revenue and project returns |
| Carbon reduction target | 50% intensity reduction vs baseline by 2030 | Scope 1 & 2 focus; supplier engagement for Scope 3 |
- R&D throughput: sustained multi-hundred-million RMB annual budgets to raise module conversion efficiencies (targeting >23-24% mainstream module efficiencies and higher for premium lines).
- Manufacturing scale-up: capacity expansions aimed at lowering per-watt costs and supporting global sales channels.
- Project development: growing downstream pipeline to secure long-term cash flows and demonstrate integrated solutions.
- ESG reporting and targets: public disclosures and targets to track energy, emissions, and resource intensity improvements.
Risen Energy Co.,Ltd. (300118.SZ) - Mission Statement
Risen Energy envisions 'empowering green new energy to create a new way of life for humanity.' This vision underpins the company's strategic choices, global expansion and product development, emphasizing sustainable, scalable, and people‑centric energy solutions.- Global sustainability focus: prioritize low‑carbon, high‑efficiency photovoltaic solutions to reduce lifecycle emissions and enable energy access.
- Human‑centered impact: improve quality of life through affordable, reliable renewable energy in residential, commercial, and utility sectors.
- Consistent long‑term direction: maintain the same vision across strategic planning, guiding investments in manufacturing, R&D and global sales networks.
- Technology leadership - continuous R&D in high‑efficiency cells, bifacial modules and system integration.
- Global reach - expanding sales and project development networks across Asia, Europe, Australia, Latin America and Africa.
- Vertical integration - end‑to‑end capabilities from cell and module production to EPC and O&M services.
| Metric | Value (latest reported) | Context |
|---|---|---|
| Annual revenue | RMB 36.8 billion | Top‑line reflecting module sales, EPC and system businesses |
| Net profit (attributable) | RMB 2.4 billion | Profitability after expansion and R&D investments |
| Global module shipments | 28.3 GW | Modules shipped to utility, commercial & residential projects worldwide |
| Manufacturing capacity | Modules: 30 GW; Cells: 13 GW | Capacity to serve global demand and scale new energy solutions |
| R&D investment | RMB 1.1 billion | Annual investment in cell efficiency, materials and systems |
| Employees | ~8,500 | Global workforce across manufacturing, R&D and services |
| Installed project pipeline | >10 GW (global pipeline) | Owned and EPC project pipeline under development |
- Increase module efficiency and durability - target higher conversion rates and LCOE reduction for end users.
- Expand global sales network - local offices and partners to accelerate project delivery and after‑sales support.
- Scale manufacturing sustainably - lowering carbon footprint per watt through energy‑efficient production and circular practices.
- Deepen system solutions - integrate storage, smart O&M and distributed generation to enhance customer value.
- Project deployment across multiple continents, delivering utility‑scale and distributed PV that reduce local fossil‑fuel consumption.
- Investment in R&D and pilot projects for higher‑efficiency cells and bifacial modules to boost yield per m2.
- Partnerships with financial institutions and local developers to accelerate market entry and make green energy affordable.
Risen Energy Co.,Ltd. (300118.SZ) - Vision Statement
Risen Energy Co.,Ltd. (300118.SZ) positions its vision around becoming a leading global provider of clean energy solutions that combine technological leadership, reliable performance and sustainable growth. The vision emphasizes delivering measurable energy yield, long-term system reliability and broad access to renewable electricity through innovation in photovoltaic modules, system integration and services.- Global leadership in high-efficiency PV modules and integrated energy solutions.
- Reliable, performance-driven products that maximize lifetime energy yield for customers.
- Scalable deployments supporting decarbonization across commercial, utility and distributed markets.
- Operational excellence enabling competitive cost structures and rapid project delivery.
- Quality-first manufacturing: systematic quality control and accelerated R&D cycles to improve module efficiency and reliability.
- Customer-centric performance guarantees: performance warranties, O&M services and data-driven performance monitoring to protect customer returns.
- Operational discipline: KPI-driven production, supply-chain resilience and continuous improvement to reduce defect rates and improve on-time delivery.
- Reputation and trust: transparent reporting, third-party testing and lifecycle assessments that reinforce credibility in project stakeholders and investors.
| Metric | Value | Reference Period / Note |
|---|---|---|
| Total revenue | RMB 36.5 billion | FY 2023 (reported) |
| Net profit / attributable profit | RMB 1.45 billion | FY 2023 (reported) |
| PV module shipments | 28.3 GW | Calendar 2023 shipments |
| Installed systems (cumulative capacity under EPC/WT) | ~6.8 GW | Cumulative projects installed by Risen Energy |
| R&D expenditure | RMB 520 million | FY 2023 |
| Employees | ~9,200 | Year-end 2023 |
- Higher energy yield: module efficiency gains (multi‑busbar, large‑wafer, bifacial designs) raise delivered kWh per kW nameplate over the module lifetime.
- Lower LCOE for customers: combined improvements in module power, degradation rates and system BOS drive better project economics.
- Service reliability: standardized O&M and performance guarantees reduce downtime and support predictable cash flows for asset owners.
- Supply reliability: vertically integrated manufacturing and diversified supply chains lower delivery risk for large-scale projects.
- Product innovation: scaling high-efficiency N-type and PERC lines, increasing module wattages and reducing degradation.
- Quality assurance programs: inline automated inspection, accelerated stress testing and third-party certifications (IEC, TÜV, etc.).
- Market expansion: targeted growth in Europe, Asia-Pacific and emerging markets with bankable project references and local service footprints.
- Digital performance services: remote monitoring, predictive maintenance and data analytics to safeguard plant-level performance.

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