Another large-scale PV power plant project with system technology from SMA Solar Technology AG (SMA) has been commissioned in the Ninh Thuan District in Vietnam. The Vietnamese EPC, SCI E&C Joint Stock Company has built the Gelex Ninh Thuan Solar Farm with a capacity of 50MWp for the owner Gelex Ninh Thuan Energy One Member Limited Company in order to further develop the electricity supply with renewable energies in Vietnam.
“SMA has been substantially contributing its expertise in helping Vietnam achieve energy independence, we are very happy to see that the Vietnamese market for utility-scale PV power plants is progressing towards the nation’s energy goals,” said Rakesh Khanna, Managing Director of SMA India & Southeast Asia. “With more than 500 MW of PV inverters shipped to Vietnam, SMA significantly contributes to the country’s energy development vision. SMA is strongly committed to the Vietnamese market and has pledged its expertise in the progress of the Vietnamese PV energy industry.”
SCI E&C Joint Stock Company, the EPC undertaking the execution responsibilities of the project specifically chose SMA’s Medium Voltage Power Station (MVPS 6000) solution due to its pre-configured, perfectly matched components. “The plug and play turnkey solution for easy transport, installation and commissioning allows for significant system cost reductions and enables high power outputs. With SMA’s system solution, we had a hassle-free commissioning process along with the superior technological expertise of German engineering.” said Mr. Duong Pham Xuan, Project Manager of SCI E&C Joint Stock Company.
“This is a great milestone for GELEX,” said Mr. Thang Le Van, Director of Gelex Ninh Thuan Energy One Member Limited Company, a subsidiary of Gelex Energy One Member Limited Company – 100% owned by Vietnam Electrical Equipment Joint Stock Corporation (GELEX). “This Project helps reflect our views of being a socially responsible organization in Vietnam. By choosing SMA, we are remarkably satisfied with the solution offered, and this takes us closer to our goal of reaping the maximum benefits out of renewable resources.”
The SMA Medium Voltage Power station is equipped with one or two powerful, robust Sunny Central inverters combined with perfectly adapted medium voltage components. It offers maximum power density in a 40-foot container and is as a turnkey solution available worldwide. Being the ideal choice for the new generation of PV power plants with 1500V DC voltage, the integrated system solution is easy to transport and quick to assemble and commission in any environmental conditions.
Ninh Thuan is a typically hot and dry area in the south-central part of Vietnam. It is less affected by storms than other areas in the country and has emerged as the renewable energy centre in Vietnam. It holds good solar energy potential, with an average of 2,600-2,800 sunshine hours per year. The province has 15 wind power projects and 27 solar power projects, with designed capacities of nearly 800MW and more than 1,808MW, respectively.
Learn all about the SMA Medium Voltage Power Station here:
https://www.sma.de/en/products/system-solutions-packages/mv-power-station-4400-4950-5000-5500-6000.html
About SCI GROUP
SCI is a joint stock company operating in the areas of investment, consultant, engineering and construction of many projects as hydropower, thermal power, solar power, technical infrastructure, industrial infrastructure, transportation, and river/sea items, etc. With chartered capital increased to VND 388,491 billion, SCI Joint Stock Company operates under the holding model with five (05) affiliations including SCI E&C with the business section of construction and SCI PMC with the business section of construction consultant services, SCI Nghe An, SCI Dien Bien, and SCI Lai Chau with the business section of investment in hydropower projects, renewable energies project.
About VIETNAM ELECTRICAL EQUIPMENT JOINT STOCK CORPORATION (GELEX)
Established in 1990, almost 30 years of establishment and development, Vietnam Electrical Equipment Joint Stock Corporation (Stock code: GEX) has affirmed its position and reputation in the market. After restructuring operation model, currently, GELEX has 04 subsidiaries, operating under the holdings model in the fields of Industrial Manufacturing (Electrical Equipment); Utilities (Alternative Energy and Clean Water); Logistics (Logistics operations and Logistics Infra-Structure); Real estate (City hotels and Commercial Real estate. GELEX is proud to be a Vietnamese enterprise owning leading brands in the field of Electrical equipment (CADIVI, THIBIDI, HEM, EMIC, EEMC); logistics (SOTRANS, VIETRANSTIMEX, SOWATCO), and aims to become a leading multi-sector corporation in Vietnam
Disclaimer:
This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.
“SMA has been substantially contributing its expertise in helping Vietnam achieve energy independence, we are very happy to see that the Vietnamese market for utility-scale PV power plants is progressing towards the nation’s energy goals,” said Rakesh Khanna, Managing Director of SMA India & Southeast Asia. “With more than 500 MW of PV inverters shipped to Vietnam, SMA significantly contributes to the country’s energy development vision. SMA is strongly committed to the Vietnamese market and has pledged its expertise in the progress of the Vietnamese PV energy industry.”
SCI E&C Joint Stock Company, the EPC undertaking the execution responsibilities of the project specifically chose SMA’s Medium Voltage Power Station (MVPS 6000) solution due to its pre-configured, perfectly matched components. “The plug and play turnkey solution for easy transport, installation and commissioning allows for significant system cost reductions and enables high power outputs. With SMA’s system solution, we had a hassle-free commissioning process along with the superior technological expertise of German engineering.” said Mr. Duong Pham Xuan, Project Manager of SCI E&C Joint Stock Company.
“This is a great milestone for GELEX,” said Mr. Thang Le Van, Director of Gelex Ninh Thuan Energy One Member Limited Company, a subsidiary of Gelex Energy One Member Limited Company – 100% owned by Vietnam Electrical Equipment Joint Stock Corporation (GELEX). “This Project helps reflect our views of being a socially responsible organization in Vietnam. By choosing SMA, we are remarkably satisfied with the solution offered, and this takes us closer to our goal of reaping the maximum benefits out of renewable resources.”
The SMA Medium Voltage Power station is equipped with one or two powerful, robust Sunny Central inverters combined with perfectly adapted medium voltage components. It offers maximum power density in a 40-foot container and is as a turnkey solution available worldwide. Being the ideal choice for the new generation of PV power plants with 1500V DC voltage, the integrated system solution is easy to transport and quick to assemble and commission in any environmental conditions.
Ninh Thuan is a typically hot and dry area in the south-central part of Vietnam. It is less affected by storms than other areas in the country and has emerged as the renewable energy centre in Vietnam. It holds good solar energy potential, with an average of 2,600-2,800 sunshine hours per year. The province has 15 wind power projects and 27 solar power projects, with designed capacities of nearly 800MW and more than 1,808MW, respectively.
Learn all about the SMA Medium Voltage Power Station here:
https://www.sma.de/en/products/system-solutions-packages/mv-power-station-4400-4950-5000-5500-6000.html
About SCI GROUP
SCI is a joint stock company operating in the areas of investment, consultant, engineering and construction of many projects as hydropower, thermal power, solar power, technical infrastructure, industrial infrastructure, transportation, and river/sea items, etc. With chartered capital increased to VND 388,491 billion, SCI Joint Stock Company operates under the holding model with five (05) affiliations including SCI E&C with the business section of construction and SCI PMC with the business section of construction consultant services, SCI Nghe An, SCI Dien Bien, and SCI Lai Chau with the business section of investment in hydropower projects, renewable energies project.
About VIETNAM ELECTRICAL EQUIPMENT JOINT STOCK CORPORATION (GELEX)
Established in 1990, almost 30 years of establishment and development, Vietnam Electrical Equipment Joint Stock Corporation (Stock code: GEX) has affirmed its position and reputation in the market. After restructuring operation model, currently, GELEX has 04 subsidiaries, operating under the holdings model in the fields of Industrial Manufacturing (Electrical Equipment); Utilities (Alternative Energy and Clean Water); Logistics (Logistics operations and Logistics Infra-Structure); Real estate (City hotels and Commercial Real estate. GELEX is proud to be a Vietnamese enterprise owning leading brands in the field of Electrical equipment (CADIVI, THIBIDI, HEM, EMIC, EEMC); logistics (SOTRANS, VIETRANSTIMEX, SOWATCO), and aims to become a leading multi-sector corporation in Vietnam
Disclaimer:
This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.
