Risen Energy Co., Ltd. officially commenced the build-out of a facility under an engineering, procurement and construction contract in Nuwakot, Nepal on April 27. Risen Energy is the general contractor for the 25MW solar PV power station.
In addition to EPC and the follow-up adjustment and calibration upon completion of the project, Risen Energy will contribute 275W solar modules, which are both reliable and cost-efficient, to the project. The facility is scheduled to be put into operation by the end of this year, at which point it will be connected to the state grid and provide clean electricity to Kathmandu Valley during the daytime.
Mr. Wang said: "In line with the One Belt, One Road initiative, we have made significant progress in the global market, thanks to our advanced PV manufacturing technologies and rich experience in overseas projects. As one of the key parts of the initiative, Nepal is an attractive market for us. Over the next seven years, Nepal, a country boasting abundant water resources, aims to achieve the goal of 17,000MW of electricity generation, which is unlikely to be met via hydropower alone. Renewable energy methods including PV have become important supplements and Nepal is on the right track. Looking forward, we plan to invest in and develop more EPC projects in Nepal and across South Asia in a move to contribute to solving the local energy crisis and boosting China-Nepal cooperation in connection with new energy."