Nguyen Tam Tien, general director of Trungnam Group, affirms that the company has enough resources to build and operate renewable energy projects.
The project also marks the largest installation of floating solar PV panels in Southeast Asia.
Nearly 50 solar power projects are expected to be put into operation this June, boosting the total solar power capacity in Vietnam to 5,000MW. The challenges now linger with the capability of the national grid to handle the additional power.
The solar power complex in Ninh Thuan province features three plants with total capacity of 330MWp.
The south central province of Ninh Thuan is still looking for capable investors to develop the mammoth power complex.
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 first project was kicked off with a total investment of $42 million.
BIM Group's solar power plant in Ninh Thuan province has just been expanded its production capacity from 30MWp to 280MWp, which is expected to continue rising to over 300 MWp.
The partner of Thai Group, Green Energy Company from Vietnam, will account for a 51 per cent stake in the project and expects to put the project into operation in June 2019.
By putting the first solar power plant – Phong Dien plant into operation this year, Thanh Thanh Cong Group (TTC) is expressing its determination to become the number one solar power producer in Vietnam.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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