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Thai firms expand in booming Vietnam renewables sector

Gunkul Engineering acquires 50MW solar power plant in Thua Thien-Hue for US$39.9 million
28 Dec 2020 |
Nguyen Tuong Thuy
Driven by its rising power demand, Vietnam has become one of the largest and fastest-growing renewable energy markets in Southeast Asia, and Thai companies are acting swiftly to take advantage of the vast opportunities in the country.
Thai energy firm Gunkul Engineering, for example, has acquired the 50-megawatt Phong Dien II solar power plant in the central Vietnamese province of Thua Thien-Hue for US$39.9 million.
The facility started commercial operation on December 15 with a feed-in tariff (FIT) of 7.09 US cents per kilowatt-hour for 20 years. ....

Loc Ninh , Bc Liêvm , Republic Of , Ho Chi Minh City , H Chíinh , Huong Hoa , Tinh Quang Tri , Phong Dien , Tha Thiêhu , Tan Chau , Ðng Thavm , Binh Phuoc , Ðng Nai , Tay Ninh , Ninh Thuan , Ninh Thu N , Tri Viet , Bach Khoaa Chau , Thua Thien , Bich Nga , Vietnam Trung Nam Group , Bangjak Green Energy , Super Energy Corporation , Gulf Energy , Japan Sharp Corp , Sharp Energy Solutions Corporation ,

Thai firm buys fourth solar plant in Vietnam - VnExpress International

Thai firm buys fourth solar plant in Vietnam
By Dat Nguyen December 15, 2020 | 05:06 pm GMT+7
Solar panels. Photo by Shutterstock/foxbat.
Thai energy firm Gunkul has bought the Tan Chau solar plant in southern Vietnam for over $47 million, its fourth such acquisition this year.
The company, formally Gunkul Engineering Public, purchased a 99.9 percent stake in Tan Chau Energy Jsc, which operates the 50 MWp plant, from Singapore’s Sungrow Power. The remaining 0.1 percent is owned by two Vietnamese individuals.
The plant began operations in October with a 20-year selling price of 7.09 U.S. cents per kWh.
The purchase is set to expand Gunkul’s operations in Southeast Asia and promote its growth in an industry which it considers low risk with high potential, the company said in a statement. ....

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