Risen Energy wins contract for 50MW PV project from Bitexco Group's subsidiary

The 50 MW facility covered by this latest contract is located in Ninh Thuan, Vietnam. Risen Energy will provide high-efficiency modules and 5-busbar 1500V high voltage modules for the facility in its role as the assigned EPC contractor.

The 50 MW facility covered by this latest contract is located in Ninh Thuan, Vietnam. Risen Energy will provide high-efficiency modules and 5-busbar 1500V high voltage modules for the facility in its role as the assigned EPC contractor.

After completing the pull-out test, construction was started on the facility on October 1. Once completed, the power station is expected to generate an average annual power of 81,429 MWh. The electricity generated by the project will be provided to EVN, the Vietnamese state grid.

Since 2017 when the Vietnamese government announced the feed-in-tariff policy for the solar photovoltaic (PV) market, the country has emerged as an investment destination of choice in Southeast Asia for global investors, developers and module manufacturers. While continuing to expand globally, Risen Energy selected Vietnam as a key market associated with its 2018 global expansion strategy. A spokesman for Risen Energy said, "With years of experience in delivering EPC services and a local strategy for the Vietnamese market determined by the region's specific needs, we believe the PV market in Southeast Asia boasts huge potential and great opportunities."

 

Photo - https://mma.prnewswire.com/media/771311/RISEN_ENERGY_signing.jpg