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Quang Binh calls for German investment in clean energy

Secretary of the Quang Binh provincial Party Committee and Chairman of the provincial People’s Council recently had working sessions with leading German firms operating in clean energy, especially in wind power, in Berlin, as part of investment promotion activities in Germany from September 13 – 17.
Quang Binh calls for German investment in clean energy ảnh 1Illustrative image (Photo: VNA)  
Berlin (VNA) – Secretary of the Quang Binhprovincial Party Committee and Chairman of the provincial People’s Councilrecently had working sessions with leading German firms operating in cleanenergy, especially in wind power, in Berlin, as part of investment promotionactivities in Germany from September 13 – 17.

Quang said Quang Binh is one of the localities that holdhuge potential of renewable energy development, especially wind power. The windspeed reaches 5.5 – 6m per second in coastal areas, and 6.2 – 7m per second inmountainous areas, and the designed capacity estimated at around 900MW.

With preferential power purchase prices, he called onSowitec and Gicon to pour investments into Vietnam’s central province.

Apart from wind and solar power projects, Quang Binh is alsointerested in building equipment and spare part plants in the field, as well aswaste treatment and electronic factories, he said.

Present in Vietnam in 2017, Sowitec invested in two windpower plants in Gia Lai, and one floating solar power plant in Quang Tri with atotal capacity of nearly 200MW.

In Quang Binh, Sowitec poured around 300 million USD into theQuang Binh 1 wind power plant with a designed capacity of 252MW.

Founded in 1994, Gicon now owns technology used in solar andwind power, and biogas. Its leader said Gicon took initial steps to transfernew technology to Vietnam, particularly in clean and renewable energy.

During the stay, the delegation held a working session withFortis Home company to call for their investment in building a smart andmulti-functional trade centre in Dong Hoi city.

After the working sessions, Permanent Vice Chairman of theprovincial People’s Committee Nguyen Xuan Quang signed memoranda ofunderstanding on cooperation with corporate executives./.
VNA

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