(Yicai Global) April 21 -- China’s Risen Energy said its South Korean arm has inked a deal with local renewable energy firm Eneris to supply the solar energy storage solutions provider's high-quality photovoltaic panels to clients at competitive prices.

Eneris can provide Risen Energy's PV panels to solar generation engineering, procurement, and construction businesses, including for rooftop power generation, the Ningbo-based firm said on its WeChat account late yesterday, citing the agreement.

Founded in 2022, Risen Energy has an annual capacity of 45 gigawatts of PV modules, and has set up offices and sales networks in Europe, Australia, the United States, Japan, and other markets.

Eneris has a PV power generation business, providing solar energy to homes and other buildings in South Korea. The firm's other ventures include roof rental, equipment sales, and consulting services.

Risen Energy’s shares [SHE: 300118] fell 0.9 percent to close at CNY25.32 (USD3.67) today. It has a market capitalization of about CNY28.8 billion (USD4.2 billion).

Editor: Martin Kadiev