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January 7, 2022

Risen Energy Ninh Thuan Solar PV Park 1, Vietnam

By Carmen

Risen Energy Ninh Thuan Solar PV Park 1 is a 50MW solar PV power project. It is located in Ninh Thuan, Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2020.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Ninh Thuan, Vietnam Shapoorji Pallonji Infrastructure Capital; Surya Prakash Vietnam Energy


The project was developed by Shapoorji Pallonji Infrastructure Capital and Surya Prakash Vietnam Energy. The project is currently owned by Surya Prakash Vietnam Energy.

Risen Energy Ninh Thuan Solar PV Park 1 is a ground-mounted solar project which is spread over an area of 58.7 hectares.

The project generates 81,429MWh of electricity. The project cost is $69.779m.

Development Status

The project got commissioned in September 2020.

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.

Contractors Involved

Risen Energy was selected to render EPC services for the solar PV power project.

Risen Energy was selected as the supplier of the PV modules for the project. The company supplied modules with rated capacity of 360W.


All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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