Sunseap International, a unit of Sunseap Group, with support from InfraCo Asia, has commissioned one of Vietnam’s largest solar farms, having completed construction of the project ahead of schedule. The solar farm was jointly developed with InfraCo Asia and Private Infrastructure Development Group (PIDG), and is majority owned by Sunseap International.
The solar-powered plant in Ninh Thuan province, on the south-central coast of Vietnam, has a capacity of 168 MegaWatt-peak (MWp) of solar energy which will generate enough power to meet the electricity needs of 192,000 people and reduce carbon emissions by about 240,000 tons annually. This commissioning reflects an important milestone in accordance with the 20-year Solar Power Purchase Agreement (PPA) announced in the 2nd half of 2018.
As part of the PPA, the project will sell the electricity at a solar feed-in tariff of US$9.35 cents per kilowatt hour as the solar farm was completed and connected to the national grid prior to the June 30, 2019 deadline.