JavaScript is off. Please enable to view full site.

​Vietnam begins work on $218mn solar power project

​Vietnam begins work on $218mn solar power project

Sunday, July 08, 2018, 12:45 GMT+7

The first sod has been turned on the construction of Vietnam’s largest solar power project, which is worth about VND5 trillion (US$218 million), in the south-central province of Ninh Thuan.

The provincial People’s Committee and Trung Nam Solar Power JSC, a subsidiary of Trung Nam Group, organized the groundbreaking ceremony in Thuan Bac District, Ninh Thuan, on Saturday morning.

At a cost of approximately VND5 trillion, the solar power plant covers an area of 264 hectares within the Trung Nam wind farm in Bac Phong and Loi Hai Communes.

The plant is designed with the capacity of 204 megawatts.

More than 700,000 solar panels will be installed in the plant, whose angle can be automatically adjusted to maximize its potential.

Upon its planned completion in 2019, the facility is expected to produce a maximum of 450 million kilowatt-hours of electricity per year, which will supply Ninh Thuan and other provinces across the country.

This is the largest solar power project in Vietnam so far, Phung Quoc Hien, vice-chairman of the National Assembly, remarked at the ceremony.

On July 3, the Electric Power Trading Company (EPTC) under the Vietnam Electricity (EVN) signed a power purchase agreement with the Trung Nam Solar Power JSC.

Under the agreement, EPTC will purchase electricity produced by the project at VND2,086 (9.35 U.S. cents) per kilowatt-hour.

According to the Ninh Thuan administration, the province has set goals to develop 2,000 megawatts of solar power by 2020.

A total of 11 projects have been initiated with the combined capacity of about 800 megawatts.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Duy Khang / Tuoi Tre News

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news