Risen intends to build 140 MW PV power plant cooperation

Recently, Risen (party B) and the CGNPC Solar Energy Development Co., Ltd. (Party A)signed the “100 MW PV power plant building framework cooperation agreement ” for 100 mw photovoltaic power station project development cooperation and investment construction matters in Ningbo, Hubei, Jiangxi.

Proposed projects of cooperation: both A and B sides intend to cooperate and develop, invest, construct and operate 100 MW photovoltaic power station in Ningbo, Hubei and Jiangxi. Cooperative mode: both joint project companies established for project development, investment, construction and operation, party A intends to account for 80% of the project company shares, party B intends to account for 20% of the project company shares.

Meanwhile, recently, subsidiary of Risen (Yun County) company and the China Guangdong Nuclear Solar Energy Development Co., Ltd. (Party A) signed” Hubei Yun County of 40 MW photovoltaic power generation efficiency agriculture construction project cooperation framework agreement” as Hubei Yunxian county development, investment, construction and operation of “Hubei Yunxian county 40 mw photovoltaic grid-connected power generation project” efficient agricultural greenhouses photovoltaic roof part.

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