Risen Energy Signs EPC Contract for 250 MW Solar Project in Vietnam

Risen Energy will provide EPC services for Xinghai Group’s 4/5 solar project (totaling 250 MW) in Vietnam, and is expected to complete shipment in December.

Risen Energy has announced that the company will provide EPC services for Xinghai Group’s 4/5 solar project (totaling 250 MW) in Loc Ninh, Vietnam, and is expected to complete shipment this December. The facility, one of the largest privately-funded EPC projects worldwide, will help the company further improve its competitiveness in the Vietnamese market once it has been successfully connected to the grid.

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With direct sunlight generally available between 2,000 and 2,500 hours per year, Vietnam is among the countries in Southeast Asia best placed to take advantage of solar energy. However, the country’s hot and humid environment raises the criteria for the stable operation of components. To ensure success, Risen Energy will provide high-efficient Jaeger components for the project, which are more resistant to LID and LeTID. In addition, the components are expected to lower LCOE and increase revenue from the facility’s power generation.

“We are very delighted to partner with Xinghai Group on this project. The collaboration will not only further consolidate the company’s market position in Vietnam, but also drive the development of the clean energy sector in Vietnam and Southeast Asia. We will continue to make full use of our advantages to meet the diversified needs of customers worldwide and provide them with higher-quality PV products and services,” a company spokesperson said.

In June, the firm had announced that it had been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by consultancy group Bridge To India (BTI). The firm stated that it had been reaffirmed for maintaining its all-out, leading volume supplier of solar PV modules status for 2019.

Spring-boarding on their hard-earned credibility acquired over a scant few years, the firm claims that it has stamped their credentials into the diverse and competitive Indian market, rising to the top of the myriad of solar PV suppliers during 2018.

“We would like to thank our Strategic Partners, Customers, Government agencies, EPC companies and Consultants, who provided Risen with the opportunity to achieve this magnificent delivery volume,” Bypina Veerraju Chaudary, CSMO of Risen had said at the time. “Without their foresight and perseverance, the Indian solar market would stagnate.”

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Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.