Japan's JGC awarded solar power generation project in Vietnam

Dec 16th at 19:24
16-12-2020 19:24:13+07:00

Japan's JGC awarded solar power generation project in Vietnam

JGC Holdings Corporation is announcing that JGC Corporation, along with its subsidiary JGC Vietnam, were awarded the EPC contract of the Solar Power Generation project by Sumitomo Corporation at the Thang Long Industrial Park II in the northern province of Hung Yen.

Japan's JGC awarded solar power generation project in Vietnam
Japan's JGC will take the EPC contract for a major green energy supply facility for Thang Long IPs

Sumitomo Corporation is promoting a green energy plan with the implementation of power supply facilities with several hundred megawatts of green electricity in their overseas industrial parks (IPs) as well as beyond IPs, which includes the Thang Long IP I, II, and III in Vietnam.

This project will serve to supply green electricity to tenant companies at Thang Long IP II. JGC Corporation, in partnership with JGC Vietnam, will execute the engineering, procurement, and construction (EPC) work for the approximately 1MW solar power generation facility.

JGC has an abundant experience in the EPC execution of solar power generation projects in both domestic and overseas sites. The experience, combined with the ability to propose solutions that help to materialise the green energy plan promoted by Sumitomo Corporation, is seen as having been the major factor in the awarding of the contract to JGC.

JGC Group believes that comprehensive energy management solutions, such as the integration of energy storage systems and existing facilities, as well as the introduction of virtual power plant (VPP) solutions, are essential to increasing the capacity of renewable energy.

Sumitomo said earlier this month that it began the construction of the solar power generation facility in November and that it aims to start commercial operations next March.

VIR





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam's master plan to ensure energy security

Vietnam expects the total installed power capacity of 125-130 gigawatts (GW) by 2030.

Headwinds buffet Vietnamese carriers through 2020

The Vietnamese aviation industry has gone through one of its most challenging years ever as the Covid-19 pandemic restricted flights and caused airlines huge losses.

Construction of 40-million USD factory underway in Da Nang

Construction of a 40-million USD sports equipment factory began on December 15 at the Hoa Khanh Industrial Park in the central city of Da Nang’s Lien Chieu district.

Belgian Susrice project shares findings with local farmers

The Susrice project, funded by the Belgian academic cooperation, has been implemented in Tra On district, Vinh Long province since 2017 with the aim of improving...

Viet Nam – South America logistics trade forum held

The online Viet Nam – South America logistics trade forum has been held to help the two countries' firms expand business co-operation opportunities in the field.

MoIT seeks ideas for national energy master plan

The Ministry of Industry and Trade (MoIT) is collecting opinions on the draft National Energy Master Plan for 2021-2030 with a vision to 2050 to ensure national...

Thai firm buys fourth solar plant in Vietnam

Thai energy firm Gunkul has bought the Tan Chau solar plant in southern Vietnam for over $47 million, its fourth such acquisition this year.

Pomina Steel seeks to clear debt with development fund

Pomina, one of Vietnam's largest steel producers, is seeking shareholders’ permission to use VND450 billion ($19.4 million) from its development fund to cover...

Foreign firms intent on stronger foothold in Vietnam’s pharma industry

Foreign firms are pouring increasing sums of money into acquiring stakes in Vietnamese pharmaceutical firms, targeting larger market shares in a thriving industry.

Traphaco listed among Vietnam's top Sustainable Companies in 2020

Traphaco JSC was last week honoured with the Top 100 Sustainable Companies of Vietnam in 2020.


MOST READ


Back To Top