Risen Energy Wins 50MW PV Contract from Bitexco Group’s Arm

The electricity generated by the project will be provided to EVN, the Vietnamese state grid.

Australia-based solar PV panels maker Risen Energy has won the bid for the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group’s subsidiary Thap Cham Solar.

The company said in a statement that, combined with the contracts won by the China-based PV module manufacturer for a 61 MW facility in Ninh Thuan and installations completed in conjunction with Shapoorji Pallonji Group’s 50 MW engineering, procurement, and construction (EPC) project in the same province since August 2018, the total installation capacity of its projects in Vietnam has reached 161 MW.

The company said that the latest deal and other power station contracts it has recently won in Vietnam will help it continue to achieve top line and bottom line growth.

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.

Commenting on the development, Risen Energy, spokesman 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.”