News

Hanersun and Fortune Energy embark on new journey in European PV Market with 185MW supply agreement - PV Tech

PV Tech · last updated

Hanersun and Fortune Energy embark on new journey in European PV Market with 185MW supply agreement - PV Tech

Hanersun has signed an 185MW PV product supply agreement with leading European distributor Fortune Energy. The signing ceremony was attended by Hanersun president Michael Liu and Fortune Energy CEO Jack Meng, the agreement underlining the commitment of both parties to further expand their footprint in the European market.

Hanersun, as an innovator and leader in solar energy technology, has been dedicated to providing customers with efficient and reliable solar solutions and the new cooperation will enable the company to serve the European market more extensively, meeting the region’s growing demand for clean energy. The strategic move will also enhance Hanersun’s brand influence in the global photovoltaic market.

Michael Liu commented: “We are delighted to be cooperating with Fortune Energy. The signing of this supply agreement not only shows Hanersun’s commitment to the European market, but also our optimistic expectations for the cooperation prospects between both parties. We look forward to working closely with Fortune Energy to jointly promote the development of the photovoltaic industry in Europe.”

Jack Meng also spoke highly of the cooperation, adding: “Fortune Energy has been committed to providing its customers with the highest quality photovoltaic products and services. The addition of Hanersun will further enrich our product and service range and enhance our competitiveness in the European market. We are very much looking forward to the cooperation between both parties and believe that it will bring new growth points to our business development.”

Related Knowledge Center: ENERGY BASICS: renewables

State of Play

Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

More informationabout ENERGY BASICS: renewables