1MWp Solar Power Installation Cost: Detailed Analysis and Influencing Factors

The cost of installing a 1MWp solar power system in Vietnam in 2025 is estimated based on smaller systems’ costs, potentially ranging from 13-15 billion VND, depending on technology and other factors.

Estimated Area and Electricity Production for 1MWp System

Installing a solar power system with a capacity of 1MWp requires an area of about 6,000 – 8,000 m2 for solar panels. The electric production per kWp ranges from 4-5 kWh/day, depending on geographical location. Hence, a 1MWp system can produce 4,000 to 5,000 MWh of electricity per month.

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