Chinese solar panel manufacturer JinkoSolar Holding has signed a supply agreement with PowerChina Huadong Engineering in support of the 420MW Dau Tieng solar plant in Vietnam.
Under the agreement, JinkoSolar will supply 240MW solar modules for the second phase of the Dau Tieng solar plant.
Located in Tay Ninh, southwest Vietnam, the Dau Tieng project is being developed by Vietnam’s Xuan Cau and Thailand’s B.Grimm Power Public.
On 14 June this year, PowerChina signed an engineering procurement construction (EPC) contract for the project and will help with fund-raising.
JinkoSolar global sales and marketing vice-president Gener Miao said: “We stood out from our competition during the selection process by PowerChina Huadong as a result of our excellent products, high-quality services and strong brand recognition.
“With the reduction of solar costs, the competitiveness of solar energy is increasing, we look forward to working closely again with PowerChina to participate in more outstanding solar energy projects globally.”
PowerChina Huadong vice-president Leiming Shi said: “A number of projects developed by PowerChina Huadong are located in countries that often experience power shortages along the ‘belt and road’ route.
“These projects have strengthened the partnerships between each country and have helped Chinese companies to go global, allowing them to gain valuable experience in the planning, design, construction and operation of solar plants.
“Developing a partnership with a global leader like JinkoSolar to push this project forward allows us to use their high-quality modules and leverage their mature global sales network.”
The project will be constructed by a Chinese general contractor and is said to become one of the largest solar power projects in Vietnam and all of ASEAN.