Risen Energy wins bid for NHI HA 50MW solar project

Risen Energy PV deal

Risen Energy has won a bid for NHI HA 50MW solar power station project in Vietnam — owned by Thap Cham Solar.

Risen Energy has earlier won contracts from the China-based PV module manufacturer for a 61 MW facility in Ninh Thuan.

Risen Energy has also completed installations in conjunction with Shapoorji Pallonji Group’s 50 MW engineering, procurement, and construction (EPC) project in in Ninh Thuan province since August 2018.

The company in a statement said that the installation capacity of its projects in Vietnam has reached 161 MW.

Risen Energy won the 50MW solar power contract from the Vietnam-based Bitexco Group subsidiary after demonstrating its capabilities in delivering technologies and experience when providing EPC services.

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

Risen Energy has started the construction of the facility on October 1. The solar power station is expected to generate an average annual power of 81,429 MWh. The electricity will be provided to EVN, the Vietnamese state grid.

Vietnam has emerged as an investment destination in Southeast Asia for global investors, developers and module manufacturers since 2017 when the local government announced the feed-in-tariff policy for the solar photovoltaic (PV) market.

Risen Energy selected Vietnam as a key market associated with its 2018 global expansion strategy.