GTN2 Solar PV Park is a 50MW solar PV power project. It is located in Tay Ninh, Vietnam. The project is currently active. It has been developed in single phase. The project construction commenced in 2018 and subsequently entered into commercial operation in April 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 50 | 50 | – | Active | Tay Ninh, Vietnam | Gulf International Holding |
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Description
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The project was developed by Gulf International Holding. Gulf International Holding and Thanh Thanh Cong Industrial Zone are currently owning the project having ownership stake of 90% and 10% respectively.
GTN2 Solar PV Park is a ground-mounted solar project which is spread over an area of 50.06 hectares.
The project generates 78,000MWh electricity and supplies enough clean energy to power 63,669 households, offsetting 62.29t of carbon dioxide emissions (CO2) a year. The project cost is $46.7m.
The project consists of 151,500 modules, each with 330W nameplate capacity.
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By GlobalDataDevelopment Status
The project construction commenced in 2018 and subsequently entered into commercial operation in April 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, starting from 2019. The contracted capacity is 36MW.
Contractors Involved
JGC Vietnam was selected to render EPC services for the solar PV power project.
About Gulf International Holding
Gulf International Holding Pte Ltd (Gulf International) generates, transmits and distributes electricity through renewable sources. Gulf International is headquartered in Singapore.
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.
