Oriental Rise Holdings Announces 50‑MW Agro‑Solar Collaboration on Tea Plantations

ORIS
March 10, 2026

Oriental Rise Holdings announced a strategic cooperation with Shandong Yiyang Zhongji New Energy to deploy a 50‑megawatt solar photovoltaic system on its tea plantations in Zherong County, Fujian. The project will integrate solar power generation with tea cultivation, a model known as agro‑photovoltaic.

Zhongji New Energy will invest RMB165 million, construct, and operate the installations, while Oriental Rise will provide coordination support. The lease term is approximately 20 years with a potential five‑year extension. The 50 MW capacity will generate renewable electricity from underutilized plantation areas, creating an additional revenue stream and reducing operating costs.

The collaboration fits into Oriental Rise’s broader strategy to enhance operational efficiency and diversify revenue beyond its core tea business. The company operates two segments—primarily‑processed teas and refined teas—and has faced a decline in revenue and gross margin in the six months ended June 30 2025 (revenue US$5.0 million vs US$7.7 million prior, gross margin 18% vs 35% prior). The agro‑solar project offers a tailwind that could offset these headwinds by generating non‑tea revenue and improving sustainability credentials.

While the company did not provide direct quotes, it emphasized that the partnership will unlock economic value from existing land and support China’s renewable energy goals. The project is expected to strengthen Oriental Rise’s sustainability profile and could positively influence investor perception and long‑term growth prospects.

China is increasingly promoting renewable energy development across agricultural environments, with projects like CHN Energy’s Yunnan tea‑plantation solar installations. Oriental Rise’s 50 MW project positions it among early adopters in the tea sector, potentially setting a benchmark for integrating renewable energy with agricultural operations.

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