Nabuaing Solar PV Park is a 150MW solar PV power project. It is planned in Mandalay, Myanmar. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed by Convalt Energy and is currently owned by ACO Investment Group with a stake of 100%.
Nabuaing Solar PV Park is a ground-mounted solar project.
The project is expected to generate 300,000MWh of electricity. The project cost is expected to be around $170.599m.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Electric Power Generation Enterprise under a power purchase agreement for a period of 30 years.
Contractors involved
Convalt Energy is expected to render engineering procurement construction services for the solar PV power project.
For more details on Nabuaing Solar PV Park, buy the profile here.
About Convalt Energy
Convalt Energy Inc is an alternate energy company which provides energy by using the solar plants. The company is aimed to manufacture solar panels and charging stations for electric vehicles.
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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.
