AC Energy adds a further 80MW of solar projects in Vietnam

Facebook
Twitter
LinkedIn
Reddit
Email
Renewables firm AC Energy, a wholly owned subsidiary of Philippines-based industrial firm, Ayala Corporation has announced a further 80MW of solar projects in Vietnam, soon after detailing a 300MW pipeline in the country.

Renewables firm AC Energy, a wholly owned subsidiary of Philippines-based industrial firm, Ayala Corporation has announced a further 80MW of solar projects in Vietnam, soon after detailing a 300MW pipeline in the country. 

AC Energy said that its joint venture with AMI Renewables Energy would include a total of 80MW of PV power plants in the provinces of Khanh Hoa and Dak Lak, which would be commissioned in time for the June 2019 solar feed-in tariff deadline. This is on top of plans to add 300MW of projects in the country in the same time period. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The projects were said to cost around US$83 million, financed with debt and equity from Indovina Bank of Vietnam and RCBC of the Philippines, while AC Energy will participate with at least 50% economic share, according to the company.

AC Energy formed a platform company with AMI Renewables last year to build renewable energy plants in Vietnam, including the 352MW Quang Binh wind project.

The company aims to exceed 5GW of renewable energy capacity by 2025.

Read Next

July 23, 2025
Australian solar PV module manufacturer Tindo Solar has partnered with UNSW to advance tunnel oxide passivated contact (TOPCon) technology.
July 22, 2025
Canadian energy firm Enbridge will build a 600MW solar PV project in Texas with a power purchase agreement (PPA) in place with social media giant Meta.
July 22, 2025
Spanish independent power producer (IPP) Zelestra  has begun commercial operations at its 435MWdc Gorbea solar project in the state of Rajasthan, India. 
July 22, 2025
AEMO has reported a record-breaking surge in new renewable energy generation and storage assets reaching full operation within the NEM.
July 21, 2025
US solar project developer Primergy Solar has started commercial operations at its 408MWac Ash Creek Solar project in Hill County, Texas.
July 21, 2025
Enfinity Global has sold a 49% equity interest in its 402MW portfolio of solar plants in Italy to the SOFAZ.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK