Sharp to release new solar power plant in main Vietnam

• Japanese electronic devices large Sharp Corporation will start running a 45-MW solar energy plant in the main district of Ninh Thuan this month.

The plant is a joint endeavor between Sharp Energy Solutions Corp., a subsidiary of Sharp Corporation, Vietnam's T&T Group JSC and also its affiliate Ninh Thuan Energy Industry JSC.

The new solar plant is expected to create 76,373 MWh of electrical power per year, enough to fulfill the typical annual need of 40,500 Vietnamese houses. It can offset the matching of 25,458 lots of co2 (CO2) discharges a year, Sharp claimed in a recent statement.

Japanese news agency Kyodo News priced quote a spokesman of the giant firm as stating that Sharp has been pushing its solar energy organisation in Asia, having developed plants in Thailand, Indonesia and Mongolia, on the back of anticipated development in intake of electricity.

Solar energy currently represents 0.01 percent of Vietnam's complete power outcome, but the federal government prepares to enhance the ratio to 3.3 percent by 2030 as well as 20 percent by 2050.

Vietnam presently counts greatly on hydropower as well as thermal power for its electrical power needs, however its hydropower potential is practically fully manipulated and oil and gas gets are running low.

Under its energy advancement plan, Vietnam intends to have renewables, primarily solar and wind, account for 10.7 percent of complete power production by 2030.