Japan’s JGC to construct 49 MW PV project in Vietnam

JGC will provide turnkey EPC services to a 49 MW (AC) PV project in the Krong Pa district of Vietnam’s Gia Lai Province. Construction is set to be completed this autumn.

The project’s owner, Gia Lai Electricity Joint Stock Company (GLE) plans to sell energy generated at the project under Vietnam’s feed-in tariff system for renewable energy, which was announced in April 2017.

GLE is a subsidiary of the Thanh Thanh Cong Group (TTC), which had previously announced plans to invest up to US$1 billion on 1 GW of PV projects in Vietnam.

Vietnam’s 2017 FIT update has spurred the development of several large-scale PV projects in the country over the past year, including a 168 MW project announced in February, and a 48 MW project to be developed by Sharp.

This will be the first PV project delivered by JGC in South East Asia; however the company has constructed several solar plants in Japan, and delivered other projects in Vietnam.

According to the company’s press release, further plans are in place for solar in South East Asia. “Expanding JGC’s business in the infrastructure area such as power generation is a core policy in the 5-year Medium-Term Business Plan ‘Beyond the Horizon’, which commenced in FY2016,” states the release.

“There are many plans for constructing mega-solar power generation plants in South East Asia. With the foothold gained through this contract, JGC intends to increase involvement in renewable energy with proactive initiatives to receive orders for such projects under collaboration with overseas entities.”