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January 11, 2022

Song Giang Solar PV Park, Vietnam

By Carmen

Song Giang Solar PV Park is a 49.5MW solar PV power project. It is located in Khanh Hoa, Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in May 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 49.5 49.5 Active Khanh Hoa, Vietnam Idemitsu Kosan; Song Giang Solar Power

Description

The project was developed by Idemitsu Kosan and Song Giang Solar Power. The project is currently owned by Song Giang Solar Power.

Song Giang Solar PV Park is a ground-mounted solar project which is spread over an area of 60 hectares.

The project generates 78,600MWh of electricity. The project cost is $51.445m.

The project consists of 135,600 modules, each with 365W nameplate capacity.

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Development Status

The project got commissioned in May 2019.

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 20.00 years, starting from 2019.

Contractors Involved

Waaree Energies was selected to render EPC services for the solar PV power project.

The inverters were procured from ABB for the project.

Waaree Energies is the O&M contractor for the solar PV power project.

About Idemitsu Kosan

Idemitsu Kosan Co Ltd (Idemitsu) is an integrated energy company that explores, produces, refines, and sells oil and gas, lubricants, and petroleum products. The company manufactures agricultural chemicals, agricultural materials, and other chemicals. It explores, develops and extracts coal and other mineral resources. Idemitsu also develops, manufactures, and sells functional electronic materials and computer software. The company operates in the engineering, agricultural biotechnology and renewable energy operation. It has operations in South East Asia, Australia, North and South America, Europe and Russia, and Middle East & Africa. Idemitsu is headquartered in Tokyo, Japan.

Methodology

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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