Sharp Signs Pact to Construct 48 MW Solar Power Plant in Vietnam

The company’s 48 MW (DC) PV plant will be constructed in Thua Thien Hue Province in the North Central Coast region of Vietnam.

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Japanese electronics giant Sharp Corporation has inked a pact with the Gia Lai Electricity Joint Stock Company (GEC), a joint venture of the Thanh Thanh Cong Group (TTC Group), to construct a 48 MW-dc solar power plant in Vietnam.

The TTC Group is a conglomerate that operates in various sectors, including real estate, energy, agriculture, and education. GEC plays a key role in the group's renewable energy business, including photovoltaic, hydropower, and wind power.

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Further, the company’s 48 MW (DC) PV plant will be constructed in Thua Thien Hue Province in the North Central Coast region of Vietnam.

It’s annual power generation capacity estimated at 61,570 MWh/year, equivalent to the consumption of 32,628 average Vietnamese households per year.

The Vietnamese government has formulated it’s 7th Power Development Plan (PDP7) to raise solar power generation capacity in the country. The PDP7 outlines plans for the period 2011 to 2020 and a vision for 2030. As per the plan, Vietnam aims to raise its solar power generation capacity to 850 MW by 2020 and 12,000 MW by 2030.

Sharp sees the new plant as an opportunity to make further inroads in solar power plant construction across the country, while contributing to the spread of renewable energy in Vietnam.