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 expected to generate up to 23,134 MWh of electricity per year, which powers Ulaanbaatar city and a new national airport that is scheduled to complete this year. It is enough to offset the equivalent of 18,438 tonnes of carbon dioxide (CO2) emissions.
The company worked on the photovoltaic (PV) project together with Thailand's Sermsang Power Corp and other partners through Tenuun Gerel Construction LLC. The scheme was supported by the Japanese Ministry of the Environment through a financial credit programme
Asian Development Bank and associated entities provided US$18.7 million in funding to the project, linked to a nearby substation via a transmission line.
Country updates
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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...
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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,...
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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...
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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 (...
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September 17, 2018
Sharp completes construction of 16.5 MW solar plant in Mongolia
Sharp Energy Solutions Corporation (SESJ), wholly-owned subsidiary of Sharp Corporation, has announced that it has completed construction of a utility-scale solar power plant in Zamyn Uud, D...
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