July 3 (Renewables Now) - Singapore-based clean energy provider Sunseap Group and infrastructure developer InfraCo Asia have commissioned the 168-MWp Ninh Thuan solar power plant in Vietnam.
The project was completed ahead of schedule and now represents one of Vietnam’s largest solar farms, capable of producing enough electricity to cover demand by approximately 192,000 homes.
Located in Ninh Thuan province, the solar plant has a 20-year power purchase agreement (PPA) in place and will sell its output at a feed-in tariff (FiT) of USD 0.0935 (EUR 0.0829) per kWh.
The pair has also invested VND 3 billion (USD 129,000/EUR 114,000) to fund the construction of concrete roads that surround the site. This was done under Sunseap’s Corporate Social Responsibility (CSR) initiative, it said.
(USD 1.0 = EUR 0.886)
(VND 10,000 = USD 0.430/EUR 0.380)