Intelligence
Risen Energy and Far East Secure Major Solar and Energy Storage Contracts
2026-04-02 18:09

Recently, solar and energy storage companies have been continuously securing domestic and overseas orders. Risen Energy has signed a 500MW solar and storage project in Malaysia, while Far East's energy storage and lithium battery winning bids reached 1.467 billion RMB in the first quarter of 2026.

Risen Energy Secures 500MW Solar and Storage Project Order

On March 31st, Risen Energy officially signed a Memorandum of Understanding (MoU) with Gebeng Energy, a Malaysian energy and infrastructure company. The two parties will work hand in hand to jointly develop the CRESS 500MW solar power and ancillary energy storage project in Kedah.

According to the agreement, this project will exclusively utilize Risen Energy's high-efficiency heterojunction (HJT) Hyper-ion series modules and energy storage products.

Previously, Risen Energy has successfully implemented numerous benchmark projects with multiple local partners, covering regions such as Kedah, Penang, and Johor. These successful cases have laid a solid foundation for this powerful alliance with Gebeng Energy.

Far East's Energy Storage Winning Bid Contracts Reach 31.467 Billion RMB in Q1 2026

On April 1st, Far East released an announcement stating that in March 2026, the company received winning bids/signed contract orders worth over 10 million RMB from its subsidiaries, totaling 1.821 billion RMB, representing a month-on-month growth of 105.29%. In the first quarter (Q1) of 2026, the company received winning bids/signed contract orders worth over 10 million RMB from its subsidiaries, totaling 5.784 billion RMB.

Among these, the total amount of winning bids/signed orders for energy storage systems and lithium batteries worth over 10 million RMB in March was 535 million RMB. For Q1 2026, the company's winning bids/signed orders for energy storage systems and lithium batteries worth over 10 million RMB totaled 1.467 billion RMB.

According to observations and data compiled by EnergyTrend, from 2025 to the present, the disclosed energy storage orders worth over 10 million RMB for Far East have cumulatively exceeded 4.155 billion RMB.

Source:EnergyTrend

 
Tags:energy storage , Risen Energy
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