nValid Precision Engineering seals PPA for 76-MW solar project in southern Lao province of Attapeu
Renewables developer nValid Precision Engineering Pte Ltd has signed a power purchase agreement (PPA) with Electricite du Laos (EdL) that will result in the construction of an up to 76-MWp solar power plant in Laos.
This will be the first utility-scale solar photovoltaic (PV) facility in the Lao People’s Democratic Republic, nValid said in a statement, adding that it also marks the start of a growing solar PV pipeline to be developed in Southeast Asia over the next three to five years. The portfolio will include not only ground-mounted projects, but also rooftop installations and floating solar arrays in Laos, Cambodia, Vietnam and Myanmar.
The so-called SAPP project will be implemented in the southern Lao province of Attapeu. The developer expects to fulfil pre-planning permitting requirements by the fourth quarter of 2020 and start construction next year. The commercial operation date is scheduled for the final quarter of 2021.
State-owned utility EdL will be buying the output of the plant, estimated at about 128 GWh per year, for a period of 30 years.
Source: https://renewablesnow.com/news/nvalid-seals-ppa-for-76-mw-solar-project-in-laos-700599/
nValid Precision Engineering and Électricité du Laos Sign a Power Purchase Agreement For The First Utility Scale Solar PV Power Plant in Lao People’s Democratic Republic (PDR)
nValid Precision Engineering Pte. Ltd. is pleased to announce that it has executed a Power Purchase Agreement (PPA) with Électricité du Laos today to deploy the SAPP Solar Power Project, the first utility scale solar PV power plant in Lao PDR. The SAPP project is located in the southern Lao province of Attapeu and will have an installed capacity of up to 76MWp, with a total electricity generation of approximately 128 Gwh per year for a term of 30 years through a 115kV transmission line from the power plant to the Saphaothong substation.
nValid is expecting to deploy and commission a diversified portfolio of solar PV projects over the next 3-5 years, including rooftop-based, ground-mounted, and floating solar PV plants located in multiple provinces across South East Asia (including Laos, Cambodia, Vietnam and Myanmar).
The execution of the concession agreement and pre-planning permitting requirements of the SAPP Project are expected to be completed by the fourth quarter this year, followed by full project construction in 2021. The renewable power generated from 50 MW of solar power capacity of the SAPP Project will result in a reduction of CO2 emissions of approximately 47,900 Tons per year.
Summary
Solar PV Plant will have an installed capacity of up to 76 MWp, and will serve as a key generation asset to the southern Lao grid
COD expected in Q4 2021
Project represents the beginning of a growing pipeline of Solar PV projects to be developed by nValid in Southeast Asia over the next 3-5 years
Source: https://www.nvalidpe.com/
