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BINH HOA SOLAR FARM (Vietnam)

11/25/2015

 
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PEN-VN, our sister company, will be building a 10-MW solar farm project in Binh Hoa Industrial Park, An Giang province, Vietnam, on a build, own and operate (BOO) basis. The project has 12 MWp capacity of solar power by using photovoltaic (PV) modules and ground-mount, fixed-tilt support and ancillary systems.  
The project construction is scheduled to commence in February 2016 and commercially operational in September 2016.

In addition to building the solar farm, PEN-VN plan to develop a manufacturing facility for solar photovoltaic modules and an array of electrical components. The two projects will be implemented independently but may progress simultaneously.

SOUTH DHALGATA PROJECT  (Bangladesh)

11/24/2015

 
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In an effort to diversify its investment portfolio in power generations, PEN and its long-time business partner, Lone Star Energy, have entered into an agreement with the Bangladesh Navy, and several other companies including, Central Southern China Electric Power Design Institute (CSEPDI), a Chinese government-owned enterprise, and Hong Kong Dongshi (HKDS), a privately owned, Hong-Kong-based company, and Interport BD to develop a 1320-MW coal-fired power plant on the south side of the Dhalghata Island. 

PEN is proud to be a key member of the developer's team. We are also honor to be selected as the engineering firm for the project working in collaboration with these esteemed companies. The 1320-MW coal-fired project will be implemented using ultra-supercritical boilers and the latest proven clean-burning coal technology to achieve among the highest thermal efficiency, costing approximately $2.7 billion. The power plant is currently scheduled to be commercially operational in December 2020.

Bangladesh is facing a major shortage of electric power. Our South Dhalgata Island project will help curb the country's power shortage. It will directly contribute to the country economic growth by accommodating the increasing power demand of existing and emerging industries in Bangladesh.

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    November 2015

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