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Sunseap International, a subsidiary of Singapore-based Sunseap Group, has begun construction of a 186MW, $150 million solar farm
in Vietnam.
It is understood that the project is the largest photovoltaic project
in the ASEAN region.
The groundbreaking ceremony for the project was held on 186 hectares of land in Ninh Thuan province on the south-central coast of Vietnam
.
The solar farm is expected to be put into commercial operation
in June 2019.
Once completed, the project will generate enough electricity to power 200,000 households in Vietnam and create long-term employment
for more than 200 local workers.
Sunseap will work with its joint venture partner InfraCo Asia, the infrastructure development and investment arm of the Private Infrastructure Development Group, and Canada-based solar developer CMX Renewable Energy Canada, to develop solar power
.
In the next 20 years, Vietnam's State Grid has set a solar feed-in tariff of $0.
0935/kWh
.
Sunseap Co-Founder and Director said, "We are delighted to have achieved another important milestone
in this solar project in Vietnam and Sunseap.
This is a testament to
the government's commitment to promoting renewable energy and supporting foreign investment in the sector.
For Sunseap, this marks an important step
in our efforts to bring affordable, reliable and clean energy beyond Singapore.
As promised, we want solar energy to be a major contributor to a sustainable future in Southeast Asia and the Pacific
.
”
:/, please indicate the source for reprinting)
Sunseap International, a subsidiary of Singapore-based Sunseap Group, has begun construction of a 186MW, $150 million solar farm
in Vietnam.
It is understood that the project is the largest photovoltaic project
in the ASEAN region.
The groundbreaking ceremony for the project was held on 186 hectares of land in Ninh Thuan province on the south-central coast of Vietnam
.
The solar farm is expected to be put into commercial operation
in June 2019.
Once completed, the project will generate enough electricity to power 200,000 households in Vietnam and create long-term employment
for more than 200 local workers.
Sunseap will work with its joint venture partner InfraCo Asia, the infrastructure development and investment arm of the Private Infrastructure Development Group, and Canada-based solar developer CMX Renewable Energy Canada, to develop solar power
.
In the next 20 years, Vietnam's State Grid has set a solar feed-in tariff of $0.
0935/kWh
.
Sunseap Co-Founder and Director said, "We are delighted to have achieved another important milestone
in this solar project in Vietnam and Sunseap.
This is a testament to
the government's commitment to promoting renewable energy and supporting foreign investment in the sector.
For Sunseap, this marks an important step
in our efforts to bring affordable, reliable and clean energy beyond Singapore.
As promised, we want solar energy to be a major contributor to a sustainable future in Southeast Asia and the Pacific
.
”
:/, please indicate the source for reprinting)
/