Europlast Phu Yen Solar PV Park is a 50MW solar PV power project. It is located in Phu Yen, Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in July 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Phu Yen, Vietnam

Description

Europlast Phu Yen Solar PV Park is a ground-mounted solar project which is spread over an area of 145 acres.

The project generates 95,050MWh electricity thereby offsetting 60,225t of carbon dioxide emissions (CO2) a year. The project cost is $52.725m.

The project consists of 119,292 modules.

Development Status

The project got commissioned in July 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 2019.

Contractors Involved

Rays Power Infra was selected to render EPC services for the solar PV power project.

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.