RGS Energy’s POWERHOUSE™ Partner Risen Ranked Among Top Three Solar PV Module Manufacturers
“We are now fulfilling purchase orders from RGS to enable them to meet their customer demand,” said Bypina Veerraju Chaudary, Risen Energy’s chief sales and marketing officer. “We have begun manufacturing solar components and wire harness connectors for POWERHOUSE™ and expect to increase our production schedule in the coming months. Our deep experience working with new technology makes us ideally suited to help RGS continually improve and reduce the costs to manufacture POWERHOUSE™.”
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Risen Energy’s products are exported to more than 30 countries and regions such as
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About RGS Energy
RGS Energy (NASDAQ: RGSE) is America’s
For more information, visit RGSEnergy.com and RGSPOWERHOUSE.com, on
RGS Energy is the Company’s registered trade name. RGS Energy files periodic and other reports with the
Forward-Looking Statements and Cautionary Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the RGS Energy’s business and strategies. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they provide our current beliefs, expectations, assumptions, forecasts, and hypothetical constructs about future events, and include statements regarding our future results of operations and financial position, business strategy, budgets, projected costs, plans and objectives of management for future operations. The words “plan,” “future,” “may,” “will,” “expect” and “hypothetical” and similar expressions as they relate to us are intended to identify such forward-looking statements.
Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Therefore, RGS Energy cautions you against relying on any of these forward-looking statements.
Key risks and uncertainties that may cause a change in any forward-looking statement or that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include: RGS Energy’s ability to build its POWERHOUSE™ roofing network; RGS Energy’s ability to successfully commercialize POWERHOUSE™ 3.0 during 2019 and, in future years, achieve market share; RGE Energy’s supply chains ability to deliver POWERHOUSE™ solar shingles in accordance with RGS’s submitted purchase orders; RGS Energy’s ability to manage supply chain in order to have production levels and pricing of the POWERHOUSE™ 3.0 shingles to be competitive; foreign exchange risks associated with the POWERHOUSE™ 3.0 business; the impact of International relations between
You should read the section entitled “Risk Factors” in our 2017 Annual Report on Form 10-K and in our Quarterly Reports on Form 10-Q for the quarters ended
POWERHOUSE™ is a trademark of
RGS Energy is the Company’s registered trade name. The Company files periodic and other reports with the
Investor Relations Contact
Managing Partner, CMA