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November 30, 2021

Sunseap Ninh Thuan Solar PV Park, Vietnam

By Carmen

Sunseap Ninh Thuan Solar PV Park is a 168MW 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 June 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 168 168 Active Ninh Thuan, Vietnam InfraCo Asia Development; Sunseap International

Description

The project is developed by InfraCo Asia Development and Sunseap International. These companies also have ownership stakes in the project.

Sunseap Ninh Thuan Solar PV Park is a ground-mounted solar project which is spread over an area of 200 hectares.

The project supplies enough clean energy to power 200,000 households, offsetting 240,000t of carbon dioxide emissions (CO2) a year. The project cost is $176m.

Development Status

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The project got commissioned in June 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

LONGi Solar Technology was selected as the supplier of PV modules for the project.

About InfraCo Asia Development

InfraCo Asia Development Pte Ltd (InfraCo Asia) is a commercially managed infrastructure development and investment company that offers Private Infrastructure Development Group (PIDG). The company funds infrastructure development activities by taking a equity stake with a focus on socially responsible and commercially viable infrastructure projects. It works in lower income countries in South and South East Asia. InfraCo Asia offers Countries for development activities such as Bangladesh, Bhutan, Cambodia, Laos, Myanmar, Nepal, Pakistan, and others. Infraco Asia is also present in or actively seeking opportunities in India, Indonesia, Philippines, Sri Lanka and Vietnam. Its investment portfolio includes India grain market, Nepal hydro power, Sri Lanka waste to energy, Vietnam hydro power, Philippines hydro power, Myanmar rice processing, and others. InfraCo Asia is headquartered in Singapore.

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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