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November 24, 2021

Hong Phong 1A & 1B Solar PV Park, Vietnam

By Carmen

Hong Phong 1A & 1B Solar PV Park is a 325.25MW solar PV power project. It is located in Binh Thuan, Vietnam. The project is currently active. It has been developed in multiple phases. 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 325.25 325.25 Active Binh Thuan, Vietnam

Description

Hong Phong 1A & 1B Solar PV Park is a ground-mounted solar project which is spread over an area of 347 hectares.

The project generates 520,000MWh electricity thereby offsetting 439,000t of carbon dioxide emissions (CO2) a year.

100 inverters have been installed at the site.

Development Status

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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

Power Construction Corporation of China was selected to render EPC services for the solar PV power project.

JinkoSolar Holding was selected as the supplier of the PV modules for the Hong Phong 1A & 1B Solar PV Park (Hong Phong 1A Solar PV Park). The company provided 591,360 modules each with 330W of nameplate capacity.

JinkoSolar Holding was selected as the supplier of the PV modules for the Hong Phong 1A & 1B Solar PV Park (Hong Phong 1B Solar PV Park). The company provided 394,240 modules each with 330W of nameplate capacity.

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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