ASEAN’s Biggest Solar Farm Project Commences Operations in Vietnam

Published onJune 26, 2019

Vietnam has constructed ASEAN’s largest solar farm under its DAU TIENG 1 and DAU TIENG 2 (DT1&2) project with the combined generation capacity of 677 megawatts. Preeyanart Soontornwata, president of Thailand’s BGRIM Power, said the DT1&2 project in Tay Ninh province started to commercially sell electricity on June 3 and 13 respectively. Besides, the Phu Yen TTP solar farm project with the capacity of 257 megawatts had its commercial operation date (COD) on June 10. “It is a successful startup, right on time and heralds a new era for the renewal energy scene in Vietnam while also representing a new significant revenue stream for BGRIM,” said BGRIM chief executive Preeyanart Soontornwata. “Both projects have their CODs ahead of their schedules. Revenue has been recorded with the Feed-in-Tariff (FiT) of 9.35 US cents per kilowatt-hour for 20 years. This raises B GRIM’s electricity generation capacity by as much as 31% and the proportion of generation by renewable energy increases to 30% from about 10%,” she said.