Sunseap Vietnam Solar PV Project is a 21.6MW solar PV power project. It is located in Vietnam. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in December 2020.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 21.6 | 21.6 | – | Active | Vietnam | Sunseap Group |
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Description
The project was developed by Sunseap Group. Sunseap Group and TNB Renewables Sdn are currently owning the project having ownership stake of 51% and 39% respectively.
Sunseap Vietnam Solar PV Project is a roof-mounted solar project.
The project cost is $21.6m.
Development Status
The project got commissioned in December 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 $0.084kWh for a period of 20.00 years, starting from 2020.
About Sunseap Group
Sunseap Group Pte Ltd (Sunseap) is a renewable energy company that develops, owns and operates solar energy system. The company offers electricity solutions, power purchase agreement, international solutions, and integrating solutions. Its electricity solutions include clean energy plan, ultimate savings plan, and fixed electricity tariff plan. Sunseap’s international solution develops, builds, owns and operates ground mounted, rooftop, floating and micro-grid solar PV projects. The company also offers engineering, monitoring and maintenance, and solar products. It has operations in Cambodia, India, Thailand, Vietnam, and the Philippines. Sunseap 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.
