Where does Risen Energy source its components?
China. Supply chain mapped to 35 inputs across 5 countries.
Yes. Risen Energy is organized in China, a covered nation under the FEOC rules, which makes it a foreign entity of concern for IRA clean-energy tax credit purposes. It is not named on any of the 3 federal restricted-party lists screened for this record (DOD Section 1260H, BIS Entity List, OFAC SDN List). Is Risen Energy a Foreign Entity of Concern?
Upstream sourcing exposure
31 in covered nations - 1 elevated, of 35 nodes.
Where inputs are mined and refined. Not a FEOC determination for the company -- see the federal list screening above.
Refining chokepoint
6 of 6 processing/refining steps in covered nations
Sourcing Concentration by Country
Sourcing risk across the graph
Where each input is mined or refined. Not a FEOC determination for the company.
Legend
Node Types
Sourcing risk
Relationships
Every mapped input in the Risen Energy supply chain
35 nodes, grouped by supply-chain tier. Sourcing risk describes where an input is mined or refined; it is not a FEOC determination for Risen Energy.
Producer (1)
| Input | Origin | Sourcing risk | Basis |
|---|---|---|---|
| Risen EnergyNinghai, Zhejiang (HQ); module bases in Zhejiang, Jiangsu, Anhui | China | Covered nation | Top-5 global PV module maker. Vertically integrated from industrial silicon through polysilicon, ingot/wafer, cell and module. Makes n-type TOPCon and HJT (Hyper-ion) panels. Chinese-domiciled = flagged FEOC. |
Component (13)
| Input | Origin | Sourcing risk | Basis |
|---|---|---|---|
| PV Module Assembly (n-type TOPCon / HJT)Ninghai / Changzhou / Yiwu module lines | China | Covered nation | Final lamination and assembly of glass-cell-encapsulant-backsheet stack into framed module with junction box. Assembled in China. |
| Solar Cell (n-type TOPCon / HJT)Risen cell fabs, China | China | Covered nation | n-type crystalline silicon cells. HJT adds a-Si:H passivation + ITO TCO layers. Cell fabrication in China. |
| Silicon Wafer / IngotRisen ingot-pulling and wafer slicing, China | China | Covered nation | Monocrystalline n-type ingots pulled (Czochralski) and sliced into ultra-thin wafers. Risen completed ingot+wafer integration in 2023. ~97% of global wafer capacity is Chinese. |
| Solar-grade PolysiliconRisen Orient, Bayannur, Inner Mongolia (10,000 t/yr, ex-Dunan) | China | Covered nation | 9N+ polysilicon via Siemens process. China holds ~65-90% of global polysilicon capacity — the classic FEOC midstream chokepoint. |
| Amorphous Silicon Passivation (a-Si:H) — HJTRisen HJT (Hyper-ion) line, Ninghai | China | Covered nation | Thin hydrogenated a-Si:H passivation layers deposited by PECVD (silane gas). HJT-specific. Processed in China. |
| Transparent Conductive Oxide (ITO) — HJTPVD magnetron sputtering, Risen HJT line | China | Covered nation | Indium tin oxide TCO layer sputtered onto HJT cell for carrier extraction. Consumes indium; deposited in China. |
| Silver Metallization PasteScreen-printed front/rear contacts (HJT uses low-temp <200C paste) | China | Covered nation | Conductive Ag paste forms cell electrodes; ~30% of module cost. Paste formulated in China (historically Ag powder from DOWA/Heraeus/domestic). Flagged on Chinese processing. |
| PV Ribbon / Tabbing Wire (tin-coated copper)Chinese ribbon makers | China | Covered nation | Tin/lead-coated copper flat wire soldered to cells to carry current to busbars. Manufactured in China. |
| Solar Glass (low-iron tempered, AR-coated)Chinese PV-glass float/rolling lines (Xinyi, Flat Glass Group) | China | Covered nation | Ultra-clear patterned low-iron glass with anti-reflective coating; front cover + (bifacial) rear glass. China ~70% of global PV glass. Melted/tempered in China. |
| Encapsulant Film (EVA / POE)Chinese film extruders (First Applied Material, HIUV, Sveck) | China | Covered nation | EVA/POE encapsulant cushions and seals cells between glass and backsheet. Films extruded in China. POE preferred for n-type/HJT. |
| Backsheet (PVDF / PET fluoropolymer)Chinese backsheet makers (Cybrid, Fumotech, ZTT) | China | Covered nation | Rear moisture/UV barrier: fluoropolymer (PVDF/KPF) + PET + adhesive. Bifacial glass-glass modules may omit. Made in China. |
| Aluminum Frame (anodized 6xxx extrusion)Jiangsu / Guangdong / Fujian extruders | China | Covered nation | Anodized 6061/6063 aluminum frame provides structure and edge protection. Extruded + anodized in China. |
| Junction Box (with bypass diodes)Chinese J-box makers | China | Covered nation | Sealed rear enclosure housing bypass diodes, terminals and MC4 output cables. Assembled in China. |
Processing and refining (6)
| Input | Origin | Sourcing risk | Basis |
|---|---|---|---|
| Industrial (Metallurgical-grade) Silicon SmeltingXinjiang (~34-44% of China output) / Yunnan / Sichuan submerged-arc furnaces | China | Covered nation | Quartzite + carbon reductant smelted to ~98-99% Si metal. Xinjiang concentration raises UFLPA/forced-labor exposure. China dominant refiner = flagged. |
| Indium Refining (from zinc residues)Chinese zinc/lead smelters recovering indium | China | Covered nation | Indium recovered as a byproduct of zinc refining; China ~70% of global refined indium. China imposed indium export controls. Refined in China = flagged. |
| Silver RefiningChinese and international precious-metal refiners | China | Covered nation | Solar Ag requires >99.9% purity. China is a major silver refiner but bullion is globally traded (LBMA); origin blended. Marked review — refining split China/allied. |
| Copper Smelting / Refining (cathode)Chinese smelters (~48% of world refined copper) | China | Covered nation | China refines ~14 Mt (~48%) of world copper cathode — dominant midstream. Refined in China = flagged. |
| Tin Refining (ribbon solder coating)Chinese tin smelters (Yunnan) | China | Covered nation | Tin (with Pb/Ag) solder-coats copper ribbon. China/Indonesia lead tin refining; Chinese refining = flagged. |
| Aluminum Smelting + Alumina RefiningChinese smelters (~56% of world capacity); Bayer + Hall-Heroult | China | Covered nation | Bauxite -> alumina (Bayer) -> aluminum (Hall-Heroult). China ~56% of global smelting capacity. Refined/smelted in China = flagged. |
Raw material (8)
| Input | Origin | Sourcing risk | Basis |
|---|---|---|---|
| Carbon Reductant (metallurgical coal / charcoal / petroleum coke)Chinese coal / coke supply | China | Covered nation | Carbon source consumed in the arc furnace to reduce SiO2 to Si metal. Chinese-sourced coal/coke = flagged. |
| Copper Plating / Electrode (HJT copper metallization)Copper electroplating on HJT TCO (silver-lean roadmap) | China | Covered nation | HJT increasingly uses electroplated copper to cut silver. Copper feed refined in China. |
| Soda Ash / Limestone / Dolomite (glass flux)Chinese soda-ash and carbonate suppliers | China | Covered nation | Soda ash lowers melt temperature; limestone/dolomite stabilize glass. Chinese-sourced fluxes = flagged. |
| EVA / POE ResinBASF-YPC, Sierbang, Sinochem Quanzhou; Wanhua POE | China | Covered nation | Photovoltaic-grade EVA/POE resin. China ramping domestic PV-EVA; POE historically imported (Dow/ExxonMobil/LG). Mixed origin = review. |
| Ethylene / Vinyl Acetate (petrochemical feedstock)Integrated petrochemical complexes (China, Middle East, N. America) | China | Covered nation | Ethylene + vinyl acetate monomers polymerize into EVA. Feedstock from global petchem complexes; origin mixed = review. |
| PVDF Fluoropolymer / PET ResinChinese PVDF resin producers | China | Covered nation | PVDF outer film + PET core. PVDF now largely China-produced (low cost). Flagged on Chinese production. |
| Bypass Diodes / SemiconductorDiode suppliers (China + international) | China | Covered nation | Schottky bypass diodes prevent reverse current/hot spots. Sourced from mixed Chinese/international semiconductor vendors = review. |
| PPO / PPE Engineering Plastic (J-box housing)SABIC, Asahi Kasei (Xyron), domestic Chinese compounders | China | Covered nation | Flame-retardant modified PPO/PPE for weatherable J-box body. Grades from SABIC/Asahi (allied) + Chinese compounders = review. |
Mine and extraction (7)
| Input | Origin | Sourcing risk | Basis |
|---|---|---|---|
| Quartzite / High-purity Silica MineChinese quartzite deposits (plus imported high-purity quartz) | China | Covered nation | Raw quartzite (SiO2) feedstock for silicon-metal smelting. Sourced domestically in China; high-purity crucible quartz partly imported. Mined+refined in China = flagged. |
| Zinc-Lead Ore Mine (indium-bearing)Chinese zinc-lead mines (plus imported concentrate) | China | Covered nation | Indium is never mined directly — it rides in zinc/lead ore. Bulk of feed for Chinese refiners is domestic + imported concentrate. Predominantly Chinese chain = flagged. |
| Silver Mine (byproduct of lead/zinc/copper/gold)Mexico (#1, ~173 Moz), Peru, China | Mexico | No known risk factor | Mostly mined as byproduct in Mexico/Peru (allied). Some Chinese primary silver. Mine leg predominantly allied = clean. |
| Copper Ore MineChile (#1), Peru, DRC | Chile | No known risk factor | Copper concentrate mined mainly in Chile/Peru (allied) and DRC; majority shipped to China for refining. Mine leg allied = clean. |
| Tin Ore (cassiterite) MineIndonesia, Myanmar, China (Yunnan) | Indonesia | Elevated sourcing risk | Cassiterite mined in Indonesia/Myanmar/China. Myanmar+China share raises origin risk. Marked review. |
| Low-iron Silica Sand MineChinese ultra-low-iron silica sand quarries | China | Covered nation | High-purity low-iron quartz sand is the primary glass batch input. Domestically quarried + processed in China = flagged. |
| Bauxite MineGuinea (world's largest exporter), Australia | Guinea | No known risk factor | Bauxite mined mainly in Guinea/Australia; >70% of Guinea's output ships to China for refining. Mine leg allied/non-China = clean. |
Material flow (36 relationships)
- Risen Energy manufactures PV Module Assembly (n-type TOPCon / HJT) (PV module)
- PV Module Assembly (n-type TOPCon / HJT) assembles Solar Cell (n-type TOPCon / HJT) (solar cell)
- PV Module Assembly (n-type TOPCon / HJT) assembles Solar Glass (low-iron tempered, AR-coated) (solar glass)
- PV Module Assembly (n-type TOPCon / HJT) assembles Encapsulant Film (EVA / POE) (encapsulant film)
- PV Module Assembly (n-type TOPCon / HJT) assembles Backsheet (PVDF / PET fluoropolymer) (backsheet)
- PV Module Assembly (n-type TOPCon / HJT) assembles Aluminum Frame (anodized 6xxx extrusion) (aluminum frame)
- PV Module Assembly (n-type TOPCon / HJT) assembles Junction Box (with bypass diodes) (junction box)
- PV Module Assembly (n-type TOPCon / HJT) assembles PV Ribbon / Tabbing Wire (tin-coated copper) (PV ribbon)
- Solar Cell (n-type TOPCon / HJT) supplies Silicon Wafer / Ingot (silicon wafer)
- Solar Cell (n-type TOPCon / HJT) supplies Silver Metallization Paste (silver paste)
- Solar Cell (n-type TOPCon / HJT) supplies Amorphous Silicon Passivation (a-Si:H) — HJT (a-Si:H passivation (HJT))
- Solar Cell (n-type TOPCon / HJT) supplies Transparent Conductive Oxide (ITO) — HJT (ITO TCO (HJT))
- Solar Cell (n-type TOPCon / HJT) supplies Copper Plating / Electrode (HJT copper metallization) (copper plating (HJT))
- Silicon Wafer / Ingot supplies Solar-grade Polysilicon (polysilicon)
- Solar-grade Polysilicon refines Industrial (Metallurgical-grade) Silicon Smelting (metallurgical silicon)
- Industrial (Metallurgical-grade) Silicon Smelting sources from Quartzite / High-purity Silica Mine (quartzite)
- Industrial (Metallurgical-grade) Silicon Smelting sources from Carbon Reductant (metallurgical coal / charcoal / petroleum coke) (carbon reductant)
- Amorphous Silicon Passivation (a-Si:H) — HJT sources from Solar-grade Polysilicon (silane / silicon feedstock)
- Transparent Conductive Oxide (ITO) — HJT refines Indium Refining (from zinc residues) (indium)
- Indium Refining (from zinc residues) sources from Zinc-Lead Ore Mine (indium-bearing) (zinc-lead ore)
- Silver Metallization Paste refines Silver Refining (refined silver)
- Silver Refining sources from Silver Mine (byproduct of lead/zinc/copper/gold) (silver bullion)
- Copper Plating / Electrode (HJT copper metallization) refines Copper Smelting / Refining (cathode) (copper cathode)
- PV Ribbon / Tabbing Wire (tin-coated copper) refines Copper Smelting / Refining (cathode) (copper cathode)
- PV Ribbon / Tabbing Wire (tin-coated copper) refines Tin Refining (ribbon solder coating) (tin solder coating)
- Copper Smelting / Refining (cathode) sources from Copper Ore Mine (copper concentrate)
- Tin Refining (ribbon solder coating) sources from Tin Ore (cassiterite) Mine (cassiterite)
- Solar Glass (low-iron tempered, AR-coated) sources from Low-iron Silica Sand Mine (low-iron silica sand)
- Solar Glass (low-iron tempered, AR-coated) sources from Soda Ash / Limestone / Dolomite (glass flux) (soda ash / flux)
- Encapsulant Film (EVA / POE) supplies EVA / POE Resin (EVA/POE resin)
- EVA / POE Resin sources from Ethylene / Vinyl Acetate (petrochemical feedstock) (ethylene / VAM)
- Backsheet (PVDF / PET fluoropolymer) supplies PVDF Fluoropolymer / PET Resin (PVDF/PET resin)
- Aluminum Frame (anodized 6xxx extrusion) refines Aluminum Smelting + Alumina Refining (aluminum billet)
- Aluminum Smelting + Alumina Refining sources from Bauxite Mine (bauxite)
- Junction Box (with bypass diodes) supplies Bypass Diodes / Semiconductor (bypass diode)
- Junction Box (with bypass diodes) supplies PPO / PPE Engineering Plastic (J-box housing) (PPO/PPE housing)
Sources and methodology
Research-based supply-chain map compiled from public sources - not an audited bill of materials. Tiers reflect the standard industry structure for this product. Sourcing risk on a node describes where that input is typically mined or refined; it is not a FEOC determination for Risen Energy, and it is not a screening result for the node itself unless a federal listing is cited against it. Verify against primary documentation before making a compliance determination.
Primary sources (1) - government, filings, standards bodies
Secondary sources (45) - trade press, analysts, reference works
- en.risen.com en.risen.com/news/news_show?news_id=429
- mercomindia.com mercomindia.com/risen-energy-acquires-dunan
- en.risen.com en.risen.com/assembly/hjt
- enfsolar.com enfsolar.com/risen-energy
- cleanenergyreviews.info cleanenergyreviews.info/blog/solar-panel-components-construction
- sunsave.energy sunsave.energy/solar-panels-advice/solar-energy/what-are-solar-panels-made-of
- ecoprogetti.com ecoprogetti.com/the-structure-of-photovoltaic-module/
- en.wikipedia.org en.wikipedia.org/wiki/Polycrystalline_silicon
- minespider.com minespider.com/blog/know-the-source-the-polysilicon-supply-chain
- waferpro.com waferpro.com/chinas-dominance-in-the-global-silicon-supply/
- itif.org itif.org/publications/2025/09/08/china-plans-to-dominate-a-key-semiconductor-material/
- responsiblesourcingtool.org responsiblesourcingtool.org/wp-content/uploads/2025/11/2025-Polysilicon-Commodity-Report-Final.pdf
- cen.acs.org cen.acs.org/energy/solar-power/US-solar-polysilicon-supply-problem/100/i33
- news.metal.com news.metal.com/newscontent/102084821/Everything-You-Need-to-Know-about-China%E2%80%99s-Industrial-Silicon-Market/
- news.metal.com news.metal.com/newscontent/101004671-Hoshine-Silicon-to-add-800,000-mtyear-silicon-metal-capacity-in-Yunnan
- en.wikipedia.org en.wikipedia.org/wiki/Heterojunction_solar_cell
- hzgtsolar.com hzgtsolar.com/tco-for-heterojunction-solar-cells
- surgepv.com surgepv.com/blog/hjt-cell-architecture-explained
- pv-magazine.com pv-magazine.com/2026/04/27/chinese-scientists-build-silver-free-heterojunction-solar-cell-with-25-2-efficiency/
- projectblue.com projectblue.com/blue/news-analysis/1132/chinese-export-restrictions-may-disrupt-indium-market-
- questmetals.com questmetals.com/blog/how-indium-s-price-is-tied-to-zinc-mining-production
- prnewswire.com prnewswire.com/news-releases/korea-zinc-solidifies-critical-role-in-us-korea-economic-security-amid-chinese-export-controls-as-the-worlds-no1-indium-producer-302376921.html
- statista.com statista.com/statistics/1060401/global-refinery-production-of-indium-by-country/
- intelmarketresearch.com intelmarketresearch.com/pv-metallization-silver-paste-market-12218
- discoveryalert.com.au discoveryalert.com.au/silver-solar-cell-2026-technology-demand-materials/
- investingnews.com investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/top-silver-producing-countries/
- miningvisuals.com miningvisuals.com/post/ranked-the-countries-that-produced-the-most-silver-in-2025
- ulbrich.com ulbrich.com/products/pv-ribbon-wire/tabbing-wire/
- targray.com targray.com/solar/pv-ribbon
- investingnews.com investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-production-country/
- statista.com statista.com/statistics/264626/copper-production-by-country/
- xinyisolar.com xinyisolar.com/en/SolarPvGlass/index.aspx
- pubs.rsc.org pubs.rsc.org/en/content/articlehtml/2025/se/d4se01567c
- dataintelo.com dataintelo.com/report/ultra-low-iron-silica-sand-for-solar-glass-market
- infolink-group.com infolink-group.com/energy-article/Analysis-of-supply-demand-and-outlook-for-solar-EVA-film
- jwell-group.com jwell-group.com/blog/EVAPOE-Whole-Industry-Chain-Analysis/
- mordorintelligence.com mordorintelligence.com/industry-reports/ethylene-vinyl-acetate-market
- taiyangnews.info taiyangnews.info/technology/a-review-backsheet-components
- tycorun.com tycorun.com/blogs/news/top-5-photovoltaic-backsheet-companies
- kimsenglobal.com kimsenglobal.com/solar-aluminum-manufacturing-trends-shaping-2025/
- discoveryalert.com.au discoveryalert.com.au/guinea-bauxite-aluminium-supply-china-refining-2026/
- harboraluminum.com harboraluminum.com/bauxite-production-by-country/
- sinovoltaics.com sinovoltaics.com/learning-center/materials/pv-junction-box-purpose-and-connection/
- ky-plastics.com ky-plastics.com/others-plastic-raw-material/ppo-material-for-photovoltaic-junction-box.html
- asahi-kasei-plastics.com asahi-kasei-plastics.com/en/trend/photovoltaics/
Common questions
- Where does Risen Energy source the inputs in this product?
- This map traces 35 inputs across 5 countries, including 13 mines and refiners. It is compiled from public sources and is not an audited bill of materials.
- How much of the Risen Energy supply chain sits in a covered nation?
- 31 of 35 mapped inputs are sited in a covered nation (China, Russia, Iran or North Korea) or named on a federal restricted-party list. A further 1 carry elevated sourcing risk without either basis.
- Is Risen Energy itself a Foreign Entity of Concern?
- Yes. Risen Energy is organized in China, a covered nation under the FEOC rules, which makes it a foreign entity of concern for IRA clean-energy tax credit purposes. It is not named on any of the 3 federal restricted-party lists screened for this record (DOD Section 1260H, BIS Entity List, OFAC SDN List). Sourcing risk in this map describes where inputs are mined and refined and is a separate question from the company's own federal screening.
