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January 11, 2022

Binh Nguyen Solar PV Park, Vietnam

By Carmen

Binh Nguyen Solar PV Park is a 49MW solar PV power project. It is located in Quang Ngai, 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 49 49 Active Quang Ngai, Vietnam Sharp

Description

The project was developed by Sharp and is currently owned by Sermsang Power.

Binh Nguyen Solar PV Park is a ground-mounted solar project.

The project generates 73,143MWh electricity and supplies enough clean energy to power 38,762 households, offsetting 24,357t of carbon dioxide emissions (CO2) a year. The project cost is $78.039m.

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 for a period of 20 years. The contracted capacity is 49MW.

Contractors Involved

Fujian Yongfu Power Engineering was selected to render EPC services for the solar PV power project.

About Sharp

Sharp Corp (Sharp) designs, develops, and markets digital information equipment, health and environmental equipment, energy, and business solutions. The company’s major products are refrigerators, microwave ovens, electric fans, beauty appliances, LED lights, air conditioners, washing machines, televisions, projectors, mobile phones, tablets, calculators, facsimiles, telephones, solar cells, thin-film solar cells, and storage battery. It also provides Point-of-Sale (POS) systems, electronic cash registers, information displays, options and consumables, software, and ultrasonic cleaners. The company serves to original equipment manufacturers, electronics industries, solar industries, and household customers. It has operations spanning across the Americas, Europe, and Asia-Pacific. Sharp is headquartered in Sakai-Ku, Osaka, Japan.

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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