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January 5, 2022

BIM 3 Solar PV Park, Vietnam

By Carmen

BIM 3 Solar PV Park is a 50MW solar PV power project. It is located in Ninh Thuan, Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in May 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Ninh Thuan, Vietnam AC Energy Vietnam Investments 2; BIM GROUP

Description

The project was developed by AC Energy Vietnam Investments 2 and BIM GROUP. BIM GROUP and AC Energy International Holdings are currently owning the project having ownership stake of 70% and 30% respectively.

BIM 3 Solar PV Park is a ground-mounted solar project which is spread over an area of 60,000 square meters.

The project cost is $52.725m.

Development Status

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The project got commissioned in May 2019.

Power Purchase Agreement

The power generated from the project is sold to Vietnam Electricity under a power purchase agreement. The power is sold at the rate of $0.093kWh for a period of 20.00 years, starting from 2018.

Contractors Involved

juwi was selected to render EPC services for the solar PV power project.

juwi is the O&M contractor for the solar PV power project for a period of 5 years.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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