Sharp Receives Order to Construct Mega Solar Power Plants in Binh Thuan and Long An Provinces in Vietnam

Product name:Sharp Receives Order to

2018/09/22 update

Industry:Alt. Energy

Two large-scale solar power facilities, each with an output of 49 MW-dc for a total of 98 MW-dc

TOKYO, Sep 21, 2018 - (JCN Newswire) - Sharp Energy Solutions Corporation (SESJ)(1) 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(2) and TTC-Duc Hue Long An Power Joint Stock Company(3) operating under the umbrella of the Thanh Thanh Cong Group (TTC Group)(4).

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(5). 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(6) 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.

About Sharp Corporation

Sharp Corporation (TSE: 6753) is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit www.sharp.co.jp

Contact:
Miyuki Nakayama
Tokyo Public Relations and Media Liaison Office
Sharp Corporation
Tel: +81-3-5446-8205
Fax: +81-3-5446-8206
Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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