Loc Ninh 4 Solar PV Park is a 200MW solar PV power project. It is planned in Binh Phuoc, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed by Hung Hai Group and is currently owned by Super Energy with a stake of 100%.
Loc Ninh 4 Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $181m.
Development status
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement. The power will be sold at the rate of $0.07kWh for a period of 20 years.
For more details on Loc Ninh 4 Solar PV Park, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
