GTN1 Solar PV Park is a 68.8MW solar PV power project. It is located in Tay Ninh, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. The project construction commenced in 2018 and subsequently entered into commercial operation in March 2019. Buy the profile here.
The project was developed by Gulf International Holding. Gulf International Holding and Thanh Thanh Cong Industrial Zone are currently owning the project having ownership stake of 90% and 10% respectively.
GTN1 Solar PV Park is a ground-mounted solar project which is spread over an area of 69.5 hectares.
The project generates 106,000MWh electricity and supplies enough clean energy to power 87,347 households, offsetting 85.45t of carbon dioxide emissions (CO2) a year. The project cost is $60m.
The project consists of 208,500 modules, each with 330W nameplate capacity.
The project construction commenced in 2018 and subsequently entered into commercial operation in March 2019.
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 years, starting from 2019. The contracted capacity is 48MW.
JGC Vietnam was selected to render engineering procurement construction services for the solar PV power project.
For more details on GTN1 Solar PV Park, buy the profile here.
About Gulf International Holding
Gulf International Holding Pte Ltd (Gulf International) generates, transmits and distributes electricity through renewable sources. Gulf International is headquartered in Singapore.