Construction On Vietnam’s First Solar Power Plant Gets Underway
AmCham Vietnam
Over the weekend, construction of Vietnam’s first solar power plant began in the central province of Quang Ngai.
The $36.12 million, 19.2-megawatt plant is expected to begin generating power in July of 2016, responsible for bringing 28 million kWh a year to the national grid.
The solar energy potential in Vietnam is estimated at 43.9 million metric tons of oil equivalent a year as a result of the country receiving approximately 2,000-2,500 hours of sunlight annually.
In fact, Vietnamese investor Thien Tan Group is already planing two additional solar plants in the central province of Ninh Thuan.
Renewable energy is expected to account for 5 percent of total power output in Vietnam this year, and 8 percent in 2020, according news site VnExpress.
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