Nyaungpingyi Solar PV Park is a 30MW solar PV power project. It is planned in Myanmar. 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 | 30 | – | 30 | Permitting | Myanmar | GCL System Integration Technology; Shwe Taung Development |
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Description
The project is being developed by GCL System Integration Technology and Shwe Taung Development. These companies also have ownership stakes in the project.
Nyaungpingyi Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $38.254m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2022.
About GCL System Integration Technology
GCL System Integration Technology Co Ltd (GCL System Integration) is involved in the research, development, manufacture and distribution of photo-voltaic (PV) modules and energy systems used for solar energy projects. Its product portfolio includes on-grid solutions such as smart storage systems, home energy management systems, solar panels and inverter and power generation unit. Its off-grid solutions comprise PV systems with diesel generators; energy storage and battery management systems; and multiple solar PV cells and modules. GCL System Integration caters to residential, commercial, retail, business, and industrial sectors. The company operates distribution offices in China, India, Thailand, Japan, Germany, Morocco, Brazil, Mexico and the US. GCL System Integration is headquartered in Suzhou, Jiangsu, China.
About Shwe Taung Development
Shwe Taung Development Co Ltd (Shwe Taung) is a diversified company. It operates business such as construction and engineering, real estate, cement and construction materials, trading, retail and hospitality, energy and infrastructure, and insurance. The company’s cement and construction materials business offers concrete products such as low heat concrete, waterproofing concrete, ready-mixed concrete, self-compacting concrete, and retarding concrete. Its real estate business provides asset management, asset development, and property marketing and management services. Shwe Taung’s construction and engineering business constructs and develops residential housing condominiums, highways, roads, plazas, university buildings, hospitals, bridges, and office buildings, among others. The company trading business offers wheel loaders, truck mixers, cranes, excavators, dozers, concrete mixing plants and industrial machines. Shwe Taung is headquartered in Yangon, Myanmar.
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.
