UPDATE - Sermsang Power commissions Mongolian solar park

Thai solar power producer Sermsang Power Corporation PCL (BKK:SSP) said today that a solar park in Mongolia with a direct current (DC) capacity of 16.4 MW has commenced commercial operations.

The Khunsight Kundi solar park is located in the south of Ulaanbaatar city, near the new international airport.

The plant has a power purchase agreement (PPA) for 15 MW of its capacity with the National Dispatch Center (NDC). It will sell electricity at a feed-in tariff (FiT) of USD 0.162 (EUR 0.144) per kWh.

Sermsang Power bought a 75% stake in the project late last year. Sharp Energy Solutions Corporation (SESJ), part of Sharp Corp (TYO:6753), announced the completion of the facility last month.

(USD 1.0 = EUR 0.891)

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