Sharp Corporation has signed an agreement with the Gia Lai Electricity Joint Stock Company (hereinafter “GEC”), an affiliate of the Thanh Thanh Cong Group (hereinafter “TTC Group”), to construct a mega solar power plant in Vietnam. A signing ceremony involving the three companies was staged in Vietnam on February 23, 2018.
The plant will be constructed in Thua Thien Hue Province in the North Central Coast region of Vietnam. It will have an output of 48 MW-dc, with annual power generation capacity estimated at 61,570 MWh/year. This is equivalent to the amount consumed by 32,628 average Vietnamese households in a year.
The Vietnamese government has formulated a plan to raise solar power generation capacity in that country to 12,000 MW by the year 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.