Natcore Technology approved for 200 MW of PV in Vietnam

The U.S. heterojunction PV cell specialist has secured initial approval to oversee construction of 200 MW of solar capacity in Binh Thuan province.
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Image: Mountain Ash/Flickr

Authorities in the southeastern province have approved the US$300 million multi-phase project based on the completion of a feasibility study and land-use agreement. 

However, the plan still needs to be green-lighted by utility VietNam Electricity (EVN) and the Ministry of Industry and Trade (MOIT).

Natcore will start by overseeing construction of a 56.18MW array on a 95-hectare site, in cooperation with an undisclosed European developer and a consortium of Vietnamese companies. 

“By developing the project in tranches, Natcore and its partners will be able to generate revenue before the entire project is completed,” the New Jersey-based company said in an online statement. 

As project manager, Natcore has tentatively locked in suppliers of PV modules, inverters and EPC services, but did not identify any specific companies. 

It first announced plans to build the project in August. 

Last March, Natcore achieved 17.5% laboratory efficiency with its aluminum all-back contacted cells.

Author: Brian Publicover

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Las noticias de la semana (9 de enero del 2017) | Cursos de project finance – OpenLearningSpain
Aug 11, 2017

[…] millones de dólares. Por otro lado, la empresa Natcore Technology ha aprobado la construcción de una planta de 200MW en la provincia Binh Thuan, y están a la espera de la aprobación por parte del ministerio de energía y la VietNam […]