Sermsang Power Corporation PCL has announced that the Mongolian solar park with a direct current (DC) capacity of 16.4 MW has commenced commercial operations.
Khunsight Kundi solar is installed in Khunsight, Tuv Province, which is located 40 km from Mongolia's capital, Ulaanbaatar and 16-17 km from the new international airport in Mongolia. The project also involves the construction of a 110/10kV substation, a 5.4km long 110kV double circuit overhead electricity transmission line, as well as the extension of the 110/10kV Khushig substation. The project will generate clean electricity totaling 22.3 gigawatt-hours annually in Mongolia, while lowering the country’s carbon emissions by 26,400 tons per year.
The plant has a power purchase agreement (PPA) for 15 MW of its capacity with the National Dispatch Center (NDC). It will sell electricity at a feed-in tariff (FiT) of US$0.162 (EUR 0.144) per kWh.
Sermsang Power bought a 75% stake in the project on 2018.
Country updates
-
-
June 18, 2019
Sharp completes the construction of 16.4 MW solar PV project in Khushight Khundii
Sharp Energy Solutions Corporation (SESJ), part of Sharp Corp, has completed the construction of its 16.4MW solar project located in Khushight Khundii, Tuv Province, Mongolia. The solar park is...
Read more -
April 12, 2019
ADB Supports Private Sector Solar Power Development in Mongolia
The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Ge...
Read more -
February 25, 2019
55 MW wind project in Mongolia begins commercial operation
The 55 MW Sainshand wind farm, located in the Gobi Desert in Mongolia, has successfully entered commercial operation. The wind park, which is comprised of 25 Vestas V110 2.2 MW wind turbines,...
Read more -
February 02, 2019
ADB supports first Distributed Renewable Energy System in Mongolia
The Asian Development Bank’s (ADB) Board of Directors has approved a US$40 million loan to develop a 41 megawatt (MW) distributed renewable energy system—a first-of-its-kind in Mongolia us...
Read more -
January 28, 2019
GCF and XacBank finance large-scale solar project
XacBank has become Mongolia’s first private bank to fund the completion of a large-scale, solar plant in a financing partnership with the Green Climate Fund (GCF). The 10MWh solar photovoltaic (...
Read more
