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January 5, 2022

Cat Hiep Solar PV Park, Vietnam

By Carmen

Cat Hiep Solar PV Park is a 50MW solar PV power project. It is located in Binh Dinh, Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in June 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Binh Dinh, Vietnam Qair; Truong Thanh Viet Nam Group

Description

The project was developed by Qair and Truong Thanh Viet Nam Group. The project is currently owned by Kumagai Gumi with a stake of 30%, Qair and Truong Thanh Viet Nam Group.

Cat Hiep Solar PV Park is a ground-mounted solar project which is spread over an area of 62 hectares.

The project generates 74,000MWh electricity and supplies enough clean energy to power 37,000 households. The project cost is $44.29m.

The project consists of 150,000 modules.

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Development Status

The project got commissioned in June 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 years.

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 2 years.

About Qair

Qair SAS (Qair) is an independent power producer. It develops and operates wind, solar photo-voltaic and hydro power plants. The company carries out operations across plant’s life cycle, including site identification; project design, built, and commercial development; financing; construction; operation and maintenance; dismantling and site restoration. Qair also provides on-grid and off-grid installations, hybrid solutions, energy sales contracts and energy storage services. It has interests in various plants that are under operation, construction, financing and development phases. The company operates renewable energy projects in South America, North Africa, Europe and Asia Pacific. Qair is headquartered in France

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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