Long Duc Industrial Solar PV Park is a 10MW solar PV power project. It is planned in Dong Nai, Vietnam. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 10 | – | 10 | Announced | Dong Nai, Vietnam | Looop |
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Description
The project is being developed and currently owned by Looop. The company has a stake of 30%.
Long Duc Industrial Solar PV Park is a roof-mounted solar project.
The electricitiy generated from the plant will offset 5,800t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $9.55m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Looop
Looop Inc offers solar power system development, sale, construction, management, and maintenance services. The company sells solar power equipments and related products. Looop also provides insurance agency services. It is headquartered in Bunkyo, Tokyo, Japan.
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.
