Sungrow supplied the latest 1500V 6.25 MW medium-voltage turnkey solution to 350 MW PV project in Luning County, Pingfu Province of Vietnam, the company announced.
Feed in tariff of $0.0709/kWh
The project is located in the southwestern region of Vietnam, an area of vast land, ample sunshine as well as tropical climate with distinct rainy and dry seasons. The plant is to sell power for a fixed tariff of $0.0709 per kWh to Electricity of Vietnam over a period of 20 years as per a new FIT rate for ground-mounted PV plants.
Power China Zhongnan Engineering Corporation Limited, a state-run EPC is providing design, procurement and construction along with setting up supporting facilities. A spokesperson from the company mentioned that both parties have made considerable progress in Vietnam, and this landmark project indicates shared ambition towards the sustainability of the booming southeast Asian market.
Local team in Ho Chi Minh City
Sungrow established a branch in Ho Chi Minh City three years ago, with a local team offering sales, technical support and after-sales services. Sungrow announced, that it would have a 25% market share in the utility-scale sector and 50% in the rooftop segment. (hcn)