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January 11, 2022

LQT Solar PV Park, Vietnam

By Carmen

LQT Solar PV Park is a 49.5MW solar PV power project. It is located in Quang Tri, Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in May 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 49.5 49.5 Active Quang Tri, Vietnam

Description

LQT Solar PV Park is a ground-mounted solar project which is spread over an area of 60 hectares.

The project generates 70,000MWh of electricity. The project cost is $50m.

Development Status

The project got commissioned in May 2019.

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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

GCL System Integration Technology was selected as the supplier of the PV modules for the project. The company provided 135,600 modules each with 365W of nameplate capacity.

The inverters were procured from Sungrow Power Supply for the 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.

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