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November 23, 2021

Dau Tieng Solar PV Park, Vietnam

By Carmen

Dau Tieng Solar PV Park is a 420MW solar PV power project. It is located in Tay Ninh, Vietnam. The project is currently active. It has been developed in multiple phases. The project construction commenced in 2018 and subsequently entered into commercial operation in June 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 420 420 Active Tay Ninh, Vietnam B.Grimm Renewable Power 1; Xuan Cau

Description

The project is developed by B.Grimm Renewable Power 1 and Xuan Cau. These companies also have ownership stakes in the project.

Dau Tieng Solar PV Park is a ground-mounted solar project.

The project generates 688,000MWh electricity and supplies enough clean energy to power 320,000 households, offsetting 595,000t of carbon dioxide emissions (CO2) a year. The project cost is $393m.

Development Status

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The project construction commenced in 2018 and subsequently entered into commercial operation in June 2019.

Power Purchase Agreement

The power generated from the Dau Tieng Solar PV Park (Dau Tieng 1 Solar PV Park) is sold to Electricity Corporation of Vietnam under a power purchase agreement. The power is sold at the rate of $0.093kWh for a period of 20 years, starting from 2019. The contracted capacity is 150MW.

The power generated from the Dau Tieng Solar PV Park (Dau Tieng 2 Solar PV Park) is sold to Electricity Corporation of Vietnam under a power purchase agreement. The power is sold at the rate of $0.093kWh for a period of 20 years, starting from 2019. The contracted capacity is 200MW.

Contractors Involved

Power China Huadong Engineering and Sinohydro were selected to render EPC services for the solar PV power project.

JinkoSolar Holding was selected as the supplier of the PV modules for the Dau Tieng Solar PV Park (Dau Tieng 2 Solar PV Park). The company installed 760,000 modules at the site.

The inverters were procured from Toshiba Mitsubishi-Electric Industrial Systems for the Dau Tieng Solar PV Park (Dau Tieng 1 Solar PV Park).

Toshiba Mitsubishi-Electric Industrial Systems supplied 80 inverters to the Dau Tieng Solar PV Park (Dau Tieng 2 Solar PV Park) site.

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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