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to-the-point: European Energy orders 121 MW of PV panels from Risen Energy

Image by: Risen Energy (www.risenenergy.com).

June 20 (Renewables Now) - Danish renewables developer European Energy A/S has ordered 121 MW of photovoltaic (PV) modules from Chinese solar products maker Risen Energy Co Ltd (SHE:300118) for projects in Italy and Denmark.

The contract, whose value exceeds DKK 250 million (USD 37.8m/EUR 33.5m) covers the supply of more than 300,000 panels, European Energy said on Thursday. Deliveries are expected this year.

More specifically, Risen Energy will supply enough units of its 370-W mono PERC modules to equip a 64-MW project in Apulia, Italy, and of its 375-W mono PERC bifacial dual-glass panels for projects near Thisted and at Mors in Denmark.

(DKK 1.0 = USD 0.151/EUR 0.134)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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