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Oriental Rise Explores Agro-Solar Integration at Tea Plantations Through Strategic Renewable Energy Partnership to Support Sustainable Operations
NINGDE, China, March 09, 2026 (GLOBE NEWSWIRE) -- Oriental Rise Holdings Limited (NASDAQ: ORIS) (“Oriental Rise” or the “Company”), an integrated tea supplier
About this update from Oriental Rise Holdings Limited
[{"type":"text","content":"NINGDE, China, March 09, 2026 (GLOBE NEWSWIRE) -- Oriental Rise Holdings Limited (NASDAQ: ORIS) (“Oriental Rise” or the “Company”), an integrated tea supplier in mainland China, today announced that its operating subsidiary Fujian Mindong Hong Tea Industry Technology Co., Ltd. (“Mindong Hong”) has entered into a strategic cooperation agreement with Shandong Yiyang Zhongji New Energy Co., Ltd. (“Zhongji New Energy”), a renewable energy developer, to explore the deployment of solar photovoltaic power generation systems within the Company’s tea plantation bases. The collaboration is designed to evaluate the integration of agriculture and renewable energy infrastructure, a model often referred to as “agro-photovoltaic” development, which enables solar power generation while maintaining agricultural cultivation activities. Under the cooperation framework, Zhongji New Energy intends to develop distributed solar photovoltaic systems within designated areas of Oriental Rise’s tea plantations. The project is expected to leverage unused or underutilized areas within the Company’s tea plantations to generate renewable electricity while preserving tea cultivation operations. Oriental Rise will provide coordination support and assist with project implementation, while Zhongji New Energy will be responsible for project investment, construction, and operation. China has increasingly promoted renewable energy development across agricultural environments, particularly through solar installations integrated with farmland and plantation operations. Oriental Rise believes the collaboration may create an opportunity to unlock additional economic value from existing plantation assets, while contributing to broader environmental sustainability initiatives. According to the cooperation framework, the proposed photovoltaic development within the Company’s tea plantation areas has a planned installed capacity of approximately 50 megawatts (MW) and an estimated total investment of approximately RMB165 million, subject to regulatory approvals and project planning processes. The project is expected to follow a structure under which Zhongji New Energy installs and operates photovoltaic systems while utilizing certain plantation areas under a long-term lease arrangement. The cooperation framework contemplates a lease term of approximately 20 years, with a pot...