Myanmar to host world’s third largest solar plant

Facebook
Twitter
LinkedIn
Reddit
Email

Thailand-based Green Earth Power (GEP) has signed a memorandum of understanding with Myanmar’s Ministry of Electric Power to construct a US$275 million plant.

GEP, majority owned by an undisclosed Hong Kong-based company, claims the “world’s third largest solar plant” will be completed within 18 months and have a capacity of 210MW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Paul Bernard Yang, president and chairman of GEP, told the Bangkok Post the company is expected to sign a power purchase agreement with the Ministry within the next 90 days.

The plant will be located on a 300 hectare plot in the city of Minbu in the Magway region, near the capital of Nay Pyi Taw.

The plant is expected to be developed in three phases with capacities of 50, 70 and 90MW, respectively. Of the total cost, 70% will come from loans the rest from equity. GEP has said it has held discussions with local and foreign lenders.

Managing director Supasit Skontanarak said GEP is in talks with potential strategic partners including “big names” in Thailand.

Furthermore, Yang said, “We are also in negotiations for a second MoU, [for a plant that] could be in Mandalay or Yangon, and to have capacity of more than 200MW. The second MoU with the Ministry of Electric Power is expected to be finalised this year.”

Currently, only 26% of the country has access to electricity and only 4% of rural areas have access to power.

Read Next

October 6, 2025
Genesis Energy and FRV Australia have mutually agreed to terminate their solar development joint venture while maintaining co-ownership of the 63MWp Lauriston solar PV power plant in Canterbury, New Zealand.
Premium
October 6, 2025
Talon PV aims to be the first US company to safely manufacture TOPCon cells at scale, backed by European technology and a crucial First Solar licensing deal.
October 6, 2025
Indian infrastructure company focused on rooftop and ground-based solar power installations, PVV Infra has secured solar power orders worth INR7.9 billion (US$90 million) through two of its subsidiaries. 
October 6, 2025
US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.
October 6, 2025
Indian solar developer ACME Group has established a new subsidiary to manage its renewable equipment manufacturing business, under which it is planning to scale production of TOPCon PV modules.
October 6, 2025
Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland