Thursday, 22 Jun 2017
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INVESTMENTON-GOING PROJECTS

Vietnam has great potential for solar power project

Updated at Monday, 12 Jun 2017, 13:43
The Hanoitimes - Five solar power projects worth over 14.8 trillion VND (651.2 million USD) have been approved by Vietnamese Government to be executed in the central coastal province of Binh Thuan as of May 2017.


The projects  included, among others,  a 200MW plant covering 309 hectares in Thien Nghiep commune, Phan Thiet city, and a 150MW plant in Bac Binh district and Phan Thiet city with a total area of 211 ha. 

Dry climate and sunny weather, especially in the northern area, are advantages allowing Binh Thuan to develop solar power apart from wind power mills.  

The provincial People’s Committee has approved studies for investment in 30 other solar power projects in Binh Thuan. Two of them, Eco Seido and Da Mi solar plants, which have respective capacity of 40 MW and 47 MW, are awaiting  approval from the Ministry of Industry and Trade.

Binh Thuan has 40 locations that have been planned for developing solar power projects, mainly in Bac Binh, Tuy Phong and Ham Tan districts.

According to Chairman of the provincial People’s Committee Nguyen Ngoc Hai, the local authorities encourage the capital mobilisation from all economic sectors to fully tap the provincial advantages of natural and energy resources. 

Binh Thuan  is luring  investment in  clean energy in connection with key economic sectors with an aim of becoming an energy centre by 2020, with a total capacity of over 12,000 MW. As scheduled, by 2030, Binh Thuan is expected to attract solar power projects with a combined capacity of over 4,000 MW.

Tuan Minh
Kinhtedothi.vn
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