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Politics : Politics of Energy

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From: Eric8/17/2016 11:37:31 AM
   of 86347
 
Natcore Technology to serve as project manager to build 200 MW PV park in Vietnam


© Photon


17.08.2016: US-based Natcore Technology Inc. has signed a MoU with an unnamed European developer of international renewable energy projects and a Vietnamese consortium. The organizations want to found a separate company to develop a 200 MW solar energy project in Vietnam. The projected cost of the project is approximately $300 million, which includes EPC, land acquisitions, development fees and other expenses.

The 200 MW project will be completed in several phases, the first will be about 10 MW. Each phase will be located at a site mutually agreed upon in selected provinces of Vietnam. By completing the project in tranches, the parties will be able to generate revenue before the entire project is completed. The project would include a laboratory facility and, potentially, a solar panel manufacturing facility.

Under the terms of the agreement, Natcore would design, develop, implement and bring the solar plants to the turnkey phase. Furthermore, to serve as supplier of the project, select suppliers and EPC company and serve as project manager.

This is the second project to be assigned to Natcore. On March 22, the company announced that it would oversee development of a 10 MW PV array in Belize.
© PHOTON

www.natcoresolar.com

www.prnewswire.com/news-releases/natcore-technology-tapped-as-project-manager-for-200-mw-solar-park-in-vietnam-program-is-fruit-of-natcores-best-of-breed-program-300313950.html
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