30 Apr '18, 5pm

Sunseap Receives Approval for $150 million Solar Project in Vietnam

Sunseap Receives Approval for $150 million Solar Project in Vietnam

The issuance of the Decision on Land Handover (Phase 1) for the 168 MWp solar project in the Ninh Thuan province coincided with the Vietnam - Singapore Business Dialogue 2018, held in Singapore. The project represents the largest solar collaboration between Singapore and Vietnam and is expected to break ground in mid-2018 before going into commercial operation by June of 2019. Once completed, it is expected to generate enough electricity to power up to 200,000 households in Vietnam and create permanent jobs for over 200 workers. Under the investment agreement, Sunseap, together with its joint-venture partners InfraCo Asia – an infrastructure development and investment company of the Private Infrastructure Development Group, and CMX Renewable Energy Canada Inc. – a solar developer based in Canada, will be allowed to sell solar power generated by its solar farm to Vietnam’s ...

Full article: https://www.renewableenergymagazine.com/pv_solar/sunseap-...

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