PEN-VN Signs PPA with EVN
Son Nguyen (Center Left), Minh Vu (Center), Dinh Thanh Van (Center Right)
Where many large corporations have struggled and failed, Pacific Energy Network (PEN) is the first independent U.S. company to pioneer clean solar energy into Vietnam. PEN-VN, a special purpose vehicle of PEN, has successfully executed the first Power Purchase Agreement (PPA) with Electricity of Vietnam (EVN) to develop a 13.2-MW peak solar farm in An Giang Province.
The highly anticipated day arrived on October 31st, 2017, when Mr. Minh Vu, President of PEN-VN, Ms. Dinh Thanh Van, Vice President of PEN-VN, and Mr. Son Nguyen, Director of EVN, attended the signing ceremony to sign the PPA for the development of Binh Hoa 13.2-MW Solar Farm. This marked a momentous event in Vietnam history as it is the first large-scale, grid-tied solar farm to support Vietnam's renewable energy initiative promoting clean and sustainable energy.
After years of dedication and commitment, PEN-VN is eager to break ground on the solar project. Looking across 132 hectares of Binh Hoa Industrial Park, PEN has already envisioned how it will soon construct the solar farm on the serene site.
The highly anticipated day arrived on October 31st, 2017, when Mr. Minh Vu, President of PEN-VN, Ms. Dinh Thanh Van, Vice President of PEN-VN, and Mr. Son Nguyen, Director of EVN, attended the signing ceremony to sign the PPA for the development of Binh Hoa 13.2-MW Solar Farm. This marked a momentous event in Vietnam history as it is the first large-scale, grid-tied solar farm to support Vietnam's renewable energy initiative promoting clean and sustainable energy.
After years of dedication and commitment, PEN-VN is eager to break ground on the solar project. Looking across 132 hectares of Binh Hoa Industrial Park, PEN has already envisioned how it will soon construct the solar farm on the serene site.
Binh Hoa 13.2-MW Solar Farm Site