Hong Phong Solar PV Park is a 48MW solar PV power project. It is planned in Binh Thuan, Vietnam. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 48 | – | 48 | Permitting | Binh Thuan, Vietnam | Scatec |
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Description
The project is being developed and currently owned by Scatec. The company has a stake of 100%.
Hong Phong Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $54m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2022.
About Scatec
Scatec ASA (Scatec) is an integrated independent producer of solar power that develops, builds, owns and operates solar power plants. The company conducts project origination and development, project financing, design and engineering, procurement and construction management, operation and maintenance, and asset management. Scatec has solar power plants in operational and under construction in South Africa, Egypt, Malaysia, Brazil, Argentina, Honduras, Ukraine, Jordan, Mozambique, Czech Republic, and Rwanda. The company also has a pipeline of projects under development in Africa, Latin America, Europe and Central Asia, and South East Asia. Scatec is headquartered in Oslo, Norway.
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.
