Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, September 14 2020 - 10:00
AsiaNet
Risen signs a Synergetic 140 MW Agreement with UPC-AC Energy Solar
NINGBO, China, Sept. 14, 2020 /PRNewswire-AsiaNet/ --

Risen Energy Co., Ltd, a leading, Tier 1 manufacturer of high-performance solar 
photovoltaic products, has just announced a structured 140MWp supply contract 
with UPC-AC Energy Solar Asia Limited (UPC-AC Energy SA).

The multi-party deal, accommodating various stakeholder requirements, consists 
of Risen's proven Mono PERC modules being provided over the turn of this year 
and into early 2021. 

UPC-AC Energy SA is a joint venture company between UPC Renewables and AC 
Energy, and together they form a potential candidate under a "watch this space" 
tag. With over 1GW of solar projects in its pipeline across Asia Pacific, this 
JV entity is making its mark on the solar landscape of the region.

Mr. Pranab Kumar Sarmah, CEO of UPC-AC Energy SA explains more, "Our JV sets 
out to finesse the best possible outcomes for all of the stakeholders involved 
in our projects; from each department in our two respective companies, 
technical, commercial and legal, to the corresponding departments within our 
chosen EPC provider and then shaped into contract with our suppliers. I'm 
delighted to report that Risen has listened intently to our various and indeed 
variable requirements and responded in kind to give us a workable, profitable 
and tailored solution that fulfils our complex requirements."

"An intense journey to realisation." confirmed Mr Bypina Veerraju Chaudary, 
CSMO of Risen. "Our aim is always to be more than just a provider of 
first-class products. We fully understand the background complexities of 
arranging a truly cost-effective solar PV installation, wherein the interests 
of all parties are represented and protected, and we are delighted to have been 
able to, once again, demonstrate our core ability to balance each need within 
this contract. We look forwards to participating in the further expansion of 
UPC-AC Energy SA in the future, with further bespoke contracts aimed at 
delivering more tangible bottom line results."

Eking out the last fragment of additional value from any agreement can prove 
problematic whenever multiple participants each have their own criteria to 
satisfy, but in today's highly competitive solar environment, all gains count 
towards ensuring continual success, and is paramount for those parties 
determined to accelerate their growth from a mutually beneficial financial 
position. With each party pulling together in the same direction, the ensuing 
synergy delivers success "in spades", to the extent that the aforementioned 
"watch this space" will undoubtedly be filled with further stellar news.

About Risen 

Risen Energy is a leading, global, Tier1, "AAA" credit rated manufacturer of 
high-performance solar photovoltaic products and provider of total business 
solutions for power generation. The Company, founded in 1986 and publicly 
listed in 2010, compels value generation for its global customers. 
Techno-commercial innovation, underpinned by consummate quality and support, 
encircle Risen total Solar PV business solutions which are among the most 
powerful and cost effective in the industry. With local market presence, and 
strong financial bankability status, we are committed, and able, to building 
strategic, mutually beneficial collaborations with our partners, as together we 
capitalise on the rising value of green energy.

About UPC-AC Energy Solar

UPC-AC Energy Solar is a 50-50 joint venture company between AC Energy (through 
AC Renewables International Pte. Ltd.), and UPC Renewables (through UPC Solar 
Asia Pacific Limited) for the development, construction and operation of solar 
projects in the Asia- Pacific region.

SOUCE  Risen Energy Co., Ltd