Trina Solar will provide 258MW of its monocrystalline PERC double glass modules to one of the largest private solar PV projects in Vietnam and what is claimed to be the first hybrid wind and solar farm in the country. Image: Trina Solar
Silicon Module Super League (SMSL) member Trina Solar will provide 258MW of its monocrystalline PERC double glass modules to one of the largest private solar PV projects in Vietnam and what is claimed to be the first hybrid wind and solar farm in the country.
The power station, located in Phan Rang-Thap Cham, capital of Ninh Thuan Province, has received investment from Vietnamese investment firm Trung Nam Group. Construction is scheduled to be completed by 30 June 2019. The power station, backed by investment totaling around US$220 million, covers 264 hectares.
Yin Rongfang, vice president and head of global sales and marketing at Trina Solar, said: "We are honored to partner with Trung Nam in the integrated renewable power generation project that set new benchmarks in the industry in Vietnam, marking one further step in Trina Solar's commitment to emerging markets. With a deep understanding of the Vietnamese market, we have built a 1GW solar cell production facility in the country, in addition to several new projects under development."
German firm Siemens has won a contract to supply inverter systems and other equipment to investment and construction corporation Trungnam Group’s solar plant. The project will also use single-axis trackers.
A joint venture between Thai energy firm B.Grimm Power and Vietnamese conglomerate Xuan Cau Group has awarded Beijing-based PowerChina International Group a contract to build the largest solar PV project in Southeast Asia, a 420MW project in Tay Ninh, Vietnam.
In 2017, Trina Solar's global shipments amounted to more than 9GW, over 60 percent of which were delivered to locations outside of the PV manufacturer's home market of China.
Although China's domestic demand for residential and utility-scale ground solar PV installations decreased due to new government policies for the PV market enacted on 31 May 2018, Trina Solar claimed in a release that it is strengthening its capabilities in terms of expanding into overseas markets as part of its long-term development plan and strategy of balancing its focus in both traditional and emerging markets.
Solar & Storage Finance Asia returning to Singapore for its 5th edition, will be the meeting point for developers, financiers and investors across the region. Explore in depth the opportunities of the different countries via case studies, business and financial models that will foster growth in the region with particular focus on Thailand, Philippines, Indonesia, Taiwan, Korea, Cambodia, Singapore, Malaysia & Vietnam. The programme has been designed to enable you to win business and understand new opportunities in the market. Key topics include floating solar, project finance for PPAs, modernization of the grid and strategies for structuring and designing hybrid deals.