Sharp Corp. said Tuesday it has built its sixth mega solar power plant in Vietnam, with annual output enough to serve some 40,500 average households, as the display panel maker expands its renewable energy business in Asia.

In collaboration with T&T Group Joint Stock Co. and its affiliate Ninh Thuan Energy Industry Joint Stock Co., Sharp's wholly owned subsidiary Sharp Energy Solutions Corp. constructed the plant with expected annual electricity generation of some 76,373 megawatt-hours in Vietnam's Ninh Thuan Province.

The plant is set to start operations in early July.

Sharp's initiative comes as the Vietnamese government plans to expand solar power output capacity to 12,000 megawatts by 2030, or about 3.3 percent of the country's total power generation.

Sharp has been pushing its solar power business in Asia, having built plants in Thailand, Indonesia and Mongolia, on the back of expected growth in consumption of electricity, according to a company spokesman.

==Kyodo

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