Risen Energy Co., Ltd, achieved a structured 140MW supply contract with UPC-AC Energy Solar Asia Limited (UPC-AC Energy SA). UPC-AC Energy SA is a joint venture (JV) 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 the Asia Pacific, this JV entity is making its mark on the solar landscape of the region.
Pranab Kumar Sarmah, CEO, UPC-AC Energy SA said: “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 a 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.”
Bypina Veerraju Chaudary, CSMO, Risen said: “An intense journey to realisation. 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.”