Nyaungpingyi Solar PV Park is a 30MW solar PV power project. It is planned in 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 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
The project is being developed and currently owned by GCL System Integration Technology and Shwe Taung Development. The owners have 50% stake in the project respectively.
Nyaungpingyi Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $36.18m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
For more details on Nyaungpingyi Solar PV Park, buy the profile here.
About GCL System Integration Technology
GCL System Integration Technology Co Ltd (GCL System Integration) offers the research, development, manufacture, and distribution of photovoltaic (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 inverters, and power generation units. 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 provides 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, university buildings, roads, plazas, 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.