Risen Energy announced that the company has signed a contract for a 61MW power purchase agreement (PPA) project in Ninh Thuan with Tasco.
Risen Energy said, "This is Risen Energy's first project in Vietnam as well as one of the first PPA projects in the country. Risen Energy's participation in the project will allow the market to fully understand our core advantages, including technologies and experience in EPC. Vietnam is an important emerging market for the company. Through participation in the construction, we will gain precious experience in how to plan and execute a project in Vietnam, creating a development model that can be used as a reference for future endeavors. The highly efficient operations and management model deployed by the company's team and the superior quality of the power station will improve the level of confidence that local companies have in the Risen Energy brand and the quality that it stands for, increasing possibilities for further collaboration between them and ourselves."