GUNKUL Commences the COD of Vietnam’s 50MW-Solar Farm

Gunkul Engineering Public Company Limited (GUNKUL) announced that the Company has invested in Doan Son Thuy Investment JSC (DST), a company that operates a ground installed solar power plant. DST has successfully started commercial operation of Phong Dien II Solar Power Plant project with a total capacity of 50 MWp on 18th December 2020.

Phong Dien II Solar Power Plant project is located in Hue, the Socialist Republic of Vietnam, with a total capacity of 50 MWp. This is a project that produces and sells solar power to Vietnam Electricity (EVN), which is in accordance with a power purchase agreement, total of 50 MW, with the purchase rate of Feed-in Tariff at USD 0.0709 per unit for a period of 20 years, starts from the commercial operation date.