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Dak Nong okays 48-mln-USD solar power project

The Central Highlands province of Dak Nong has approved in principle a solar power project, worth 48.4 million USD, in Truc Son commune, Cu Jut district.
Dak Nong okays 48-mln-USD solar power project ảnh 1​Illustrative image. (Photo: VNA)

Dak Nong (VNA) – The Central Highlands provinceof Dak Nong has approved in principle a solar power project, worth 1.1 trillionVND (48.4 million USD), in Truc Son commune, Cu Jut district, the provincialPeople’s Committee announced on April 4.

The 44.4-MWp Truc Son solar power plant will be investedby a joint venture of three parties – Univergy K.K and Europe Clean EnergiesJapan K.K from Japan and Thanh Nien Media Corporation from Vietnam.

The facility will be built on an area of 51 hectares andis expected to be operational in June 2019 to supply electricity for Dak Nongand neighbouring provinces.

The provincial People’s Committee vowed to offer theproject preferential tax rates. It also assigned relevant State agencies and CuJut district to provide support for the investors to implement the project onschedule.

Two days ago, a German company, BS Heidelberg Solar GmbH,announced to invest in two solar power projects in the Mekong Delta province ofHau Giang, namely Hau Giang I and Hau Giang II. The 40MWp and 170MWp plantswill be built at a cost of 50 million USD and 200 million USD, respectively.

Vietnameselocalities are taking measures to attract more investment in renewable energy,especially solar power.

According to the Government’s targets,solar power is expected to become the main renewable energy source in thefuture, with installed capacity to be increased from 6-7 MW by the end of 2017to 850 MW by 2020 (1.6 percent of the country’s power generation) and 12,000 MWby 2030 (3.3 percent of the country’s power generation).

Vietnam is among countries that enjoy themost sunlight in the world, with the Central Highlands and south centralregions recording between 2,000 and 2,600 hours of sunshine every year,reported the Vietnam Clean Energy Association.-VNA
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