Risen Energy, China General to Develop 100MW Solar Projects

Published July 15th 2013 at 12:26pm
Risen Energy  CGN Solar 
July 12, 2013 - Risen Energy plans to develop 100 megawatts of power projects with a unit of China General Nuclear Power Group.

The solar farms will be build in China's Ningbo city and Hubei and Jiangxi provinces, Risen said yesterday in a statement to the Shenzhen stock exchange. Financial terms weren’t disclosed.

CGN Solar Energy Development Co., a unit of China General Nuclear Power, will hold an 80 percent stake in the projects with the remainder owned by Risen.

The cooperation will boost sales and may have a "positive" impact on future earnings, said Risen.

Source: Bloomberg
ENF Profiles For Companies Mentioned in This Article

Risen Energy (Solar Materials): http://www.enfsolar.com/directory/material/3055
Risen Energy (Solar Panels): http://www.enfsolar.com/directory/panel/3055
Risen Energy (Solar Applications): http://www.enfsolar.com/directory/application/3055
CGN Solar (Solar System Installers): http://www.enfsolar.com/directory/installer/20153
PV industry news is republished free of charge, please send your news to