China’s Risen Energy recently signed a 323MW PV module supply contract for a project of DTEK Renewables B.V. holding company, consolidating renewable energy assets of DTEK B.V., the largest private energy company in Ukraine,for their third project investment in the solar energy sector. The Chinese firm will provide all the modules required for the 240 MWac (323 MWdc) PV Pokrovskaya SPP project.
The ceremony for the signing of a module supply contract between Risen Energy and DTEK
Located in Dnipropetrovsk region in central Ukraine, the project has an installed capacity of 240 MWac and will be fully equipped with Risen Energy's 72-cell 370W high-efficiency PERC monocrystalline modules. Once completed, the facility will be able to accommodate the electricity needs of more than 200,000 households in Ukraine and help reduce carbon dioxide emissions by an estimated 400,000 tons annually.
"As the exclusive PV module supplier for the power project, Risen Energy has been recognized for its high-quality products, efficient production capacity and sound growth. The signing of the contract will allow both companies to leverage their respective advantages to facilitate construction of the project. The collaboration with DTEK Renewables will become a major step in the company's further expansion into Ukraine, an energy market that is experiencing a transformative period and has an urgent need for renewable energy products," said Risen Energy sales vice president Zhao Zelin.
"With this partnership, we expect to achieve remarkable synergies by combining both companies' expertise," said DTEK Renewables CEO Philipp Leckebusch. "According to the Energy Strategy of Ukraine, the share of renewable energy in the final energy consumption should increase to 11 percent by 2020 and 25 percent by the year 2035. Big infrastructural projects like Pokrovskaya SPP constitute a significant milestone to achieve these targets. We are glad to contribute with our project to the realization of the objectives of Ukraine's Energy Strategy."