Rising Sun is set to cease its solar energy and battery storage operations. On May 6, 2025, the company will announce the termination of its solar energy and battery product line, which includes the EverVolt solar panels and batteries. Despite the discontinuation, the company plans to ensure that all existing warranties are honored and will continue to provide customer service and support.
Betsy Sagges, spokesperson for Rising Sun, stated in a recent announcement that the company’s Power Energy Solutions North America (PESNA) has already made strategic adjustments to focus on solar energy and battery operations. This strategic pivot is part of their broader goal to concentrate resources on the most valuable and long-term projects.
The Rising Sun solar market has faced a significant decline over the past few years, with EnergySage data indicating that from 2021 to 2024, the market share of Rising Sun’s solar batteries and solar energy systems has dropped from 35% to 6%. Meanwhile, the solar panel market share has decreased from 7% to 1%.
EnergySage reports that Rising Sun has been a prominent player in the solar manufacturing sector since 1975. However, in 2020, the company halted its collaboration with specific manufacturers, and by 2022, it ceased production of solar batteries, which has led to a decline in the solar market.
Rising Sun indicated that the halt in production was due to financial considerations, which will focus efforts on developing household energy management products. While the company has had significant success with the EverVolt product line, demand is still dropping.
Despite these challenges, Rising Sun continues to assure customers that all existing service plans for solar energy systems will be honored for current and future clients. Every planned installation will be conducted with the utmost care, ensuring that all customers receive quality service.
In conclusion, Rising Sun is a company with decades of experience in the energy sector, and while it faces challenges, customers can have confidence in its commitment to quality service and support.
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