China PV News Snippets: Risen, Energy China, Chint Solar

Risen Energy Secures Loan For Cambodia Project; Energy China Picks Module Suppliers For 1.2 GW Capacity; Chint Solar & Goldbeck Solar Launch Dutch JV
09:47 PM (Beijing Time) - 14. October 2020
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Starting with an initial 440 MW of secured O&M contracts in the Netherlands, a joint venture of Chinese module producer Chint Solar and German EPC Goldbeck Solar will target over 1 GW capacity over next 3 years in the country. (Photo Credit: Zhejiang Chint Solar Technology Co., Ltd.)

Key Takeaways

  • German bank DEG and other co-financiers will lend $45 million to Risen Energy for its Cambodia solar project
  • Energy China has selected Talesun Solar, Canadian Solar and Yingli Solar to supply 1.2 GW solar modules
  • Chint Solar and Goldbeck Solar will target 1 GW of O&M service capacity in the Netherlands through a joint venture

German bank lends $45 million to Risen: Risen Energy has entered into a 15-year loan contract for $45 million with German Investment and Development Bank (DEG) with the amount co-financed by the ICCF Change Fund, jointly owned by the French Development Agency, the European Investment Bank and 11 European Development Finance Institutions. It will use this money to build a 60 MW large scale solar power plant in Cambodia, reported local media.

Energy China selects suppliers for 1.2 GW modules: China Energy Engineering Group Co., Ltd. or Energy China has selected module suppliers for 1.2 GW capacity through competitive bidding process, according to media reports. Talesun Solar will supply 900 MW monocrystalline double glass modules for the winning price of RMB 1.528 per W, Canadian Solar will supply 250 MW monocrystalline single glass modules for RMB 1.51 per W, and Yingli Solar will supply 50 MW polycrystalline modules for RMB 1.3 per W. The projects to use these modules will come up in various regions of China, including Hebei, Anhui, Zhejiang, Guangdong, Guizhou, Yunnan, Shanxi, Xinjiang, Qinghai, Shaanxi, Shandong.

Chint Solar JV for the Netherlands: Chint Solar has announced a joint venture with Germany’s Goldbeck Solar to offer operation and maintenance (O&M) services to the Dutch market, catering to projects developed or built by either of the 2 companies or even 3rd party projects. The new entity Zonnepark Services Nederland B.V. started commercial operations on October 1, 2020 with around 440 MW of secured contracts. Over the next 3 years, they will target over 1 GW of O&M portfolio. Previously, the 2 partners have jointly implemented 280 MW of PV projects in the country.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani