The Hanoitimes – Indian engineering, procurement and construction (EPC) contractor Sterling and Wilson announced on April 9 its intention to build 300 megawatt (MW) of solar photovoltaic (PV) plants in Vietnam by June 2019. The company said it is currently holding advanced discussions with “leading developers” in Vietnam in an effort to secure these job opportunities. Illustration photo. It added that the projects are expected to attract an investment of US$250 million. The EPC contractor anticipates to create jobs for 600-700 people during construction and 50 during the 20-year maintenance phase. “Vietnam is one of the fastest growing economies in the world with nearly 8-10% annual increase in power consumption by industries who are the largest consumers of electricity in the country,” said Bikesh Ogra, CEO – Renewable Energy and Energy Storage, Sterling and Wilson on its press release. Government is aiming at 0.8 gigawatt (GW) of solar power by 2020 which the experts feel has a potential of 7 GW of solar projects in present conditions. We are closely working with leading developers to join the larger aim of bringing affordable and clean energy to Vietnamese.” Sterling and Wilson is currently building a 1,177-MW solar plant in Abu… Read full this story
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