B.Grimm brings online 677 MW of solar in Vietnam

Solar modules. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.

June 17 (Renewables Now) - Thai company B.Grimm Power PCL (SET:BGRIM) said Monday its two solar parks totalling 677 MW in Vietnam started commercial operations this month.

B.Grimm brought online the Dau Tieng 1 and Dau Tieng 2 solar facilities, of 420 MW combined, on June 3 and June 13, respectively. The two-park project is located in Vietnam’s Tay Ninh province. The Bangkok-based company, via B.Grimm Renewable Power 1 Limited, owns a 55% stake in the project developer, namely Dau Tieng Tay Ninh Energy Joint Stock Company.

The second solar park that began operations in June is a 257-MW facility in the Phu Yen province. Its developer is Phu Yen TTP Joint Stock Company, in which B.Grimm Renewable Power 2 Limited owns an 80% stake.

Both projects will operate under purchase power agreements (PPAs) signed with Electricity of Vietnam (EVN).

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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