National Focus
Binh Thuan kicks off $43 million solar power plant
The Luy River 1 solar power plant approved by the Ministry of Industry and Trade would have the capacity of 39 MW with the total investment capital of more than $42.8 million.
The construction of Luy River 1 solar power plant invested by Binh Thuan Solar Power Investment Joint Stock Company was kicked off last weekend.
The project having the capacity of 39 MW is located on an area of 45.5 hectares in Song Luy town, Bac Binh district.
In the project, about 130,000 solar panels with a capacity of 365 Wp would be installed. These panels use a modern technology called Mono Perc with a 21.3 per cent efficiency rating in order to reduce the land use area.
Also, a 22/110kV transformer substation, a 110kV power station would be built.
After being completed and put into operation in April 2019, the plant is expected to achieve a total production of 80 million kWh of electricity in the year.
According to Binh Thuan Chairman Nguyen Ngoc Hai, the best intensity of solar radiation in the country is Binh Thuan’s advantage in developing solar power, especially in Bac Binh and Tuy Phong districts.
Solar power projects have opened up new stages in the development of high-tech clean energy of the province in particular and the country in general.
Binh Thuan proposed to soon complete adjustments of the titanium plan
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