Sharp Energy Solutions Corporation (SESJ) will construct mega solar power plants at locations in Binh Thuan Province and Long An Province in Vietnam, each with a capacity of approximately 49 MW-dc for a combined capacity of approximately 98 MW-dc. SESJ received the order from Gia Lai Hydropower Joint Stock Company and TTC-Duc Hue Long An Power Joint Stock Company operating under the umbrella of the Thanh Thanh Cong Group (TTC Group).
The amount of electricity generated annually is forecast to be approximately 149,740 MWh/year for both power plants combined. This is equivalent to the amount consumed in a year by 79,353 average Vietnamese households. The output from these facilities is expected to allow avoided greenhouse gas emissions of 49,863 t-CO2 per year.
The government of Vietnam plans to raise the generating capacity of solar power facilities to 850 MW by the year 2020 and to 12,000 MW by 2030. In June 2017, the government introduced a feed-in tariff (FIT)*7 system to further encourage the wider use of renewable energy. Electricity generated at both of these power plants will qualify under this system.