Red solar expands global solar market, marking a surge in Hunan's foreign trade, reaching about 25 billion USD in Q1, a remarkable 58.3% YoY increase in 2023. The provincial success stems from an optimized business environment and the positive efforts of enterprises.

Zhang Lei, Sales Manager at Red Solar New Energy, met the fifth group of foreign customers, providing tailored smart PV solutions for the Korean customers. The company now experiences a surge in monthly visits, with European and American customers actively engaging during specifically designated evening hours.

Liu Wenfeng, the sales director in EU, recently returned from Türkiye, underlining the company's commitment as one of global photovoltaic leaders. Despite pandemic challenges, the Türkiye projects thrived, expanding the PV industry chain and venturing into energy storage.

To meet the increasing demands of the global solar market, Red Solar actively participated in different PV expo, like the SOLAREX Energy and InterSolar, which facilitated collaborations and secured significant contracts. The first quarter of Red Solar showcased outstanding results, with export revenue hitting 335 million RMB, a 68% YoY increase, and newly signed overseas contracts totaling 404 million RMB, a 73% YoY increase.

About Red Solar

Redsolar , established in June 2008, has rapidly emerged as a global leader in the energy sector. As a Fortune 500 subsidiary, Red Solar provides remarkable performance and expertise in photovoltaics. With over 1000 Core Technology & Patents, we produce & supply a full range of Solar Cells, PV Modules and PV Production Line and Turnkey Solutions.