Phu My 1 – 3 Solar PV Park is a 330MW solar PV power project. It is planned in Binh Dinh, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in December 2020. Buy the profile here.
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Description
The project is being developed and currently owned by Bamboo Capital and Leader Energy. The company's ownership stake in the project stands as 51% and 49% respectively.
Phu My 1 – 3 Solar PV Park is a ground-mounted solar project which is planned over 330 hectares.
The project is expected to generate 520GWh electricity and supply enough clean energy to power 200,000 households. The project is expected to offset 146,000t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by December 2020.
Power purchase agreement
The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement for a period of 20 years.
Contractors involved
The solar PV modules for the project will be supplied by Jinko Solar, Seraphim Solar System and Trina Solar.
The inverters are expected to be procured from Sineng Electric for the project.
For more details on Phu My 1 – 3 Solar PV Park, buy the profile here.
About Bamboo Capital
Bamboo Capital JSC (Bamboo) is a company that provides innovative financing solutions to businesses. The company is headquartered in Ho Chi Minh city, Ho Chi Minh city, Vietnam.
About Leader Energy
Leader Energy Pte Ltd is a Alternative Energy company that develops and operates power and transmission projects. The company is Headquartered in Singapore.
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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.
