Discover our upstream and downstream technical journals
A previous project completed by Sharp in Vietnam’s Quang Ngai province. Image: Sharp.

A previous project completed by Sharp in Vietnam’s Quang Ngai province. Image: Sharp.

Sharp Energy Solutions has finalised its latest PV project in Vietnam, taking its total installed solar capacity in the country to 340MWdc. Located in Binh Dinh province, the 50MWdc installation will have a power generation capacity of 82,506MWh/year.

Development of the project was carried out alongside Viet Nam Viet Renewable Energy Joint Stock Company, which will oversee operations, as well as NSN Construction and Engineering, the co-owner of the facility.

Its completion comes after Sharp Energy Solutions formed a joint venture with NSN Construction and Engineering last year, a deal that saw the Japanese firm take on 60% of outstanding shares in renewables developer NSN Energy Solution.

Sharp Energy Solutions said it “remains committed” to increasing renewable energy capacity in Vietnam by leveraging the knowledge it has gained from developing other projects globally.

After total installed solar PV capacity increased from 134MW in 2018 to an estimated 5.5GW in 2019, thanks in part to feed-in tariffs, Vietnam’s government announced plans earlier this year to ensure renewable energy accounts for a 15-20% share of the country’s energy mix by 2030.

According to a recent report from Fitch Solutions, Vietnam’s government “remains highly committed” to boosting the country’s renewables growth. Driven by a supportive regulatory environment and increased investor confidence, the consultancy forecasts more than 17GW of non-hydro renewables capacity added in Vietnam by 2029.

The country is due to publish a new National Power Development Plan 2021-2030 in March next year, which is expected to have an increased focus on clean energy.

Tags: vietnam, utility-scale solar, sharp, sharp energy solutions corporation, plant construction

Upcoming Webinars

Revealing the most bankable and reliable PV module suppliers for utility-scale deployment in the US

Jan 20, 2021 GMT

Virtually all PV modules for large-scale utility-based solar sites are imported to the US, especially from Chinese companies using manufacturing sites across Southeast Asia. This puts extreme pressure on US site developers, EPCs and investors, in understanding fully the differences between the companies offering imported PV modules How credible are the companies supplying the products? What is the financial health of the parent entity? Where is the module produced, and is this undertaken in-house or through third-party OEMs? What is the supply-chain for the module sub-components including wafers and cells? And then, how will the modules perform in the field, and is it possible to gauge reliability levels benchmarked against competitors? This webinar will provide insights from two of the leading experts in PV module manufacturing, supply, performance and reliability: Jenya Meydbray of PV Evolution Labs and Finlay Colville from PV-Tech. The 1-hour session will include presentations from Jenya and Finlay, and then a brand-new supplier scorecard matrix that combines the key outputs from PVEL's Module Reliability Scorecard and PV-Tech's PV ModuleTech Bankability Ratings, with specific focus on module supply and use in the US market.

Register now

Comments