Risen Energy Co. has signed a 140-megawatt supply contract with UPC-AC Energy Solar Asia, a joint venture company between UPC Renewables and AC Energy.
Under the deal, Risen will provide its Mono PERC modules throughout this year and into early 2021.
The JV entity has 1 gigawatt of solar projects in its pipeline across Asia Pacific.
“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,” said Pranab Kumar Sarmah, CEO of UPC-AC Energy SA.