Phuoc Huu 2 Solar PV Park is a 230MW solar PV power project. It is planned in Ninh Thuan, Vietnam. The project is currently in permitting 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 November 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 230 – 230 Permitting Ninh Thuan, Vietnam Nha Trang Bay Investment and Construction

Description

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The project is being developed and currently owned by Nha Trang Bay Investment and Construction.

Phuoc Huu 2 Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $219.65m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by November 2023.

About Nha Trang Bay Investment and Construction

Nha Trang Bay Investment and Construction JSC (Nha Trang Bay Investment and Construction ) generates, transmits, and distributes electricity through solar,hydro energy. Nha Trang Bay Investment and Construction is headquartered in Vietnam.

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.