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Risen Energy’s Nanbin 15GW Manufacturing Base Commences Operation, Producing the Hyper-ion HJT Solar Module

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NINGBO, China, Aug. 18, 2023 /PRNewswire/ — Risen Energy (“the Company”), a global leading manufacturer of high-performance solar photovoltaic (PV) products, has announced that the Hyper-ion heterojunction (HJT) solar module produced by the Company’s Nanbin 15GW manufacturing base (Phase-1) has rolled off the assembly line. The moment was celebrated with a ceremony attended by Risen Energy’s executives and government officials who together witnessed the significant milestone that will go a long way in bolstering the company’s plan to scale up the Hyper-ion series production capacity.

The announcement comes as Risen Energy has vowed to zero in on the research and development of n-type HJT modules as part of the Company’s mission and strategy to catalyst innovation for high-power, high-efficiency solar modules. Risen Energy is the latest solar leader to see HJT technology as one of the key innovations that will usher in a new era for the solar sector, boosting power generation while trimming down the cost and carbon footprint of solar products. Earlier this year, Risen Energy unveiled plans to raise the production capacity of its n-type HJT Hyper-ion series to 15GW by the end of 2023.

Risen Energy’s HJT Hyper-ion modules are equipped with a wide range of state-of-the-art features at the forefront of solar technology, outperforming their market counterparts in terms of both performance and cost-effectiveness. Their industry-leading efficiency is achieved through the use of low-temperature double-sided passivated contacts and double-sided microcrystalline technology. Additionally, the adoption of pastes with lower silver content and an alloy frame design ensures excellent reliability while further reducing costs.

With a highest power output of 741.456Wp and an efficiency exceeding 23.89%, Risen Energy’s Hyper-ion HJT modules offer a stable temperature coefficient, capable of maintaining their power output above 90% even after 30 years of use. Furthermore, the carbon footprint value (CFP) of the modules is less than 400kg eq CO2/kWc.

Situated in southern Ningbo with a total investment of RMB 15.2 billion, Risen Energy’s Nanbin manufacturing base covers an area of 1,448 mu (238 acres). It is a major project that is supercharging Ningbo’s new energy ambition to establish a hundred-billion-scale industrial eco-system that specializes in the R&D and production of solar PV cells, glasses, modules, and energy storage systems. Ninghai, a county under the administration of Ningbo has launched itself to be a solar hub. Ninghai has seen the combined industrial output of the PV and energy storage sectors achieve RMB 6.65 billion in 2023 Q1 alone, up 78.8% from the same period last year.

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Extending congratulations on the landmark moment of the manufacturing base, Ge Renyuan, Deputy County Mayor of Ninghai, said, “Risen Energy’s leadership in PV R&D and manufacturing has greatly contributed to the industry’s growth, and the inauguration of Risen Energy’s Nanbin manufacturing plant is instrumental in further expanding Ninghai’s renewable energy landscape. We pledge to foster a business-friendly environment, creating a space where new energy companies can explore innovation and drive transformative changes that help China and beyond accelerate toward energy transition while uplifting people’s living standards.”

“The official operation of the Nanbin manufacturing base not only gives Risen Energy another competitive edge but also holds pivotal importance in fuelling Ninghai’s resources for developing intelligent manufacturing. Moving forward, Risen Energy remains steadfast in its mission to deliver a paradigm shift to the solar industry with technological breakthroughs, empowering the global economy to build a green, sustainable future for all. We will focus on ramping up the production of high-efficiency modules as we continue to strengthen the solar value chain in Nanhai to achieve greater industry synergy, helping the region establish itself as a PV and energy storage powerhouse,” said Wu Xuegang, President & Member of Executive Board of Risen Energy.

As Risen Energy is poised to level up its production capacity of high-efficiency HJT modules, the Company strives to meet the global market demand for clean, sustainable energy solutions with more HJT offerings. Guided by its mission of enabling new green energy for a better life, Risen Energy remains dedicated to pioneering technological advancements that drive meaningful change for humanity.

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Blockchain Press Releases

Bybit Announces Highly Anticipated Restock of BTC Wealth Management Fund Pool

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DUBAI, UAE, June 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to reveal its upcoming restock of the Bitcoin (BTC) Wealth Management Fund Pool, following the immense popularity and success of the initial rounds.

Sold Out in Record Time

During the soft launch on June 3, Bybit allocated a total of 100 BTC to the Wealth Management Fund Pool, which astonishingly sold out within a mere 7 hours.

Catering to High Net Worth Individuals (HNWIs), VIP customers, and asset managers, the first restock of 50 BTC went live on June 5, quickly oversubscribed within a remarkable 5 hours, highlighting the continued demand and enthusiasm from our valued users.

Restock for VIPs and Regular Users

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The second round of restock will be available to both VIP customers and regular users, offering the most compelling rates in the industry.

It is scheduled to take place on June 21, 10 AM UTC. Bybit is excited to offer users another opportunity to participate in this investment opportunity, and understands the importance of catering to a diverse range of investors and are committed to providing equal opportunities for all.

Bybit’s Wealth Management service empowers users to efficiently manage, plan, and invest their digital assets. It offers a range of professional investment strategies and diverse portfolios to help users achieve their investment goals effectively and confidently.

For more information about Bybit Wealth Management, visit this page.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by volume with 30 million users. Established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Bybit’s Institutional Investors Triple ETH Exposure Ahead of ETF Launch

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DUBAI, UAE, June 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has released a new study showing institutional investors have increased their ETH holdings ahead of the launch of the spot ETH ETF in the US. Analysts predict this ETF will capture between $8 and $12 billion from US and global markets, driving Ethereum to new all-time highs by year-end.

According to recent data, Bybit’s institutional investors’ exposure to ETH has almost tripled since the ETF announcement on May 24, 2024—moving from 6.54% to a current weighting of 14.29%. This surge underscores the growing confidence in Ethereum’s future performance and the expected positive impact of the ETF launch.

Retail investors on Bybit have also increased their ETH allocations, although not as dramatically as institutional investors. The allocation to ETH has risen from 7.40% to 9.52%, reflecting a cautious but positive response to the ETF announcement.

“Ethereum is the crypto product favored by traditional capital such as BlackRock and Franklin Templeton, both of whom have tokenized funds on the platform,” said Hao Yang, head of financial products at Bybit. “Given this, the chain seems poised to become the institutional pick. With its native yield, the ETH token allows for composability, and we are seeing protocols building interesting derivatives based on ETH’s stable yield, leveraging this to create crypto primitives that mimic those built on top of the US Treasury market. Finally, because a portion of ETH is burned (sent to a wallet from which no withdrawals are possible), the asset can become deflationary, which means the more network effects kick in, the scarcer the asset becomes.”

#Bybit / #TheCryptoArk

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About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 30 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Taiwan’s Leading Crypto Market Leader BitoGroup Partners with Digital Bank to Launch World’s First Crypto-Friendly Bank Account

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TAIPEI, June 21, 2024 /PRNewswire/ — BitoGroup, the leading cryptocurrency market leader in Taiwan, today announced its partnership with Far Eastern International Bank Bankee to launch the world’s first dedicated crypto-friendly bank account. As cryptocurrency adoption by international institutions continues to grow, BitoGroup began serving financial institutions two years ago, setting a precedent as the first cryptocurrency exchange to form an alliance with financial institutions. This partnership promotes seamless integration between traditional banks and third-party payment processors. It represents a significant breakthrough for the financial market and has sparked considerable interest within Taiwan’s financial sectors. By collaborating with large institutions, BitoGroup aims to strengthen the cryptocurrency ecosystem and plays a crucial role in driving innovation in financial technology.

The world’s first dedicated bank account for cryptocurrency users is the result of three years of research and effort by BitoGroup and Bankee. This innovative service was achieved by integrating the systems and service processes of the two companies, while ensuring compliance with regulations and supervisory measures, and prioritizing user’s experience.

“Both BitoGroup and Bankee place great emphasis on the security of member assets, platform stability, and user transaction experience,” said Titan Cheng, Founder and CEO of BitoGroup., “Since the initial pilot phase, we have received positive feedback from the community. The Bankee dedicated account can be linked to BitoPro’s exchange account and set up in as little as one hour, significantly enhancing user’s convenience. During the pilot phase, the average daily transaction amount per user increased by 25%. With over one million members in Taiwan, we expect explosive growth once the service is officially launched.

Cheng emphasized that the cryptocurrency community is excited about the collaboration between exchanges and traditional financial institutions. This collaboration will positively improve user confidence in transactions and reverse the negative image of cryptocurrency scams. In the future, BitoGroup will join forces with Bankee to introduce more services, enriching the flexibility of utilizing both fiat and cryptocurrencies.

BitoPro has also partnered with Taiwan’s largest third-party payment processors, Neweb Technologies, to launch “BitoPay”, enabling 300,000 merchants and millions of members to use cryptocurrency for payments, making “BitoPay” the most widely accepted crypto payment solution in Taiwan.

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BitoGroup believes that partnering with large institutions to integrate cryptocurrency use into existing operational systems is not only the best way to promote cryptocurrency usage but also fosters innovation. Initiatives such as exchanging convenience store loyalty points for digital currency, enabling cryptocurrency payments through e-commerce third-party payment services, and the recent launch of crypto-friendly accounts with Bankee, all contribute to expanding the existing ecosystem. BitoGroup’s robust blockchain infrastructure, combined with a focus on optimizing service processes through technology, will create a win-win situation for institutions, exchanges, and users.

Taiwan’s cryptocurrency industry has officially entered a new era of regulation with the establishment of the Virtual Asset Service Provider (VASP) Association. BitoGroup’s founder and CEO, Titan Cheng, has been elected as the first Chairman of the VASP Association. This close cooperation between cryptocurrency and traditional financial institutions will help strengthen the trust of regulatory authorities and financial institutions in the cryptocurrency industry, laying a solid foundation for the crypto-financial system.

About BitoGroup

Founded in 2014, BitoGroup aims to use blockchain technology to achieve the goal of inclusive finance, including assisting companies and consumers to enter the new era of Web3. The businesses of the group include BitoPro (a cryptocurrency exchange), BELS (an NFT empowerment platform), and O2 META (a metaverse-focused social media platform).

View original content:https://www.prnewswire.co.uk/news-releases/taiwans-leading-crypto-market-leader-bitogroup-partners-with-digital-bank-to-launch-worlds-first-crypto-friendly-bank-account-302178876.html

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