Sunseap, InfraCo Asia complete 168MW solar plant in Vietnam

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The plant was completed ahead of schedule in Ninh Thuan Province. Credit: Sunseap

Singapore-based clean energy firm Sunseap International and partner InfraCo Asia have commissioned a 168MW solar farm in Ninh Thuan province, on the south-central coast of Vietnam.

As one of the country’s largest PV projects to date, it will power the equivalent of roughly 192,000 homes under a 20-year solar power purchase agreement (PPA), the signing of which was announced last year. The plant was completed ahead of schedule and in time to receive a feed-in tariff (FiT) of US$9.35 cents per unit under the 30 June deadline.

The project, which is majority-owned by Sunseap International, offered employment opportunities to more than 2,000 workers.

Frank Phuan, co-founder and director of the Sunseap Group, said: “This project affirms Sunseap’s mission of developing affordable and reliable solar energy solutions that benefit communities while saving the environment. We hope that more communities in Vietnam will consider switching to solar for a sustainable future.” 

Allard Nooy, CEO of InfraCo Asia, said: “Developing the Ninh Thuan Solar Power Plant in partnership with Sunseap supports InfraCo Asia’s aim to serve as a catalyst for future infrastructure development in the countries and sectors in which we work. We hope this project will serve as a benchmark for future investors, demonstrating the commercial viability, development impact, and environmental benefits that can be achieved. We are very glad to have worked with Sunseap on this project in a true partnership agreement.” 

Sunseap Group recently formed a joint venture with Taiwanese firm Pacific Green Energy Co to jointly develop 100MW of distributed solar projects in Taiwan over the next three years.

Other major projects have come online recently in Vietnam to receive the FiT, including a 420MW installation by Thai firm B.Grimm Power.

Read Next

September 1, 2021
Vietnam officials have teased new details of a scheme designed to replace the country’s successful solar feed-in tariff (FiT) policy.
August 17, 2021
Petitions have been filed in the US requesting the launch of investigations into several solar manufacturers accused of circumventing antidumping and countervailing duties by using entities based in Southeast Asia.
July 21, 2021
Singapore-based solar developer Sunseap Group has secured a contract to build what it says will be the world’s largest floating PV project on the Indonesian island of Batam.
July 13, 2021
Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
July 7, 2021
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
May 26, 2021
Swiss infrastructure fund manager SUSI Partners has raised US$81 million to tap into the fast-growing renewables sector in Southeast Asia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
Solar Media Events
December 1, 2021