Binh Dinh pledges to close solar power plant if it impacts local residentsThe Saigon Times Daily A local voices his concern over the possible effects of the solar power project at the discussion with the government of Binh Dinh Province on November 5 – PHOTO: THANH NIEN NEWSPAPER HCMC – Binh Dinh Province government has pledged to immediately shut down a solar power plant in the north-central locality if it has adverse effects on local residents, Thanh Nien newspaper reported. The province’s chairman, Ho Quoc Dung, on Monday held a discussion with residents in the outlying district of Phu My to address their concerns over the possible effects of the solar power project. Earlier, the Hanoi-based Vietnam Renewable Energy JSC was given the go-ahead to build the solar power plant in Tra O Lagoon, located in the same district, stirring up public concerns. The VND1.44-trillion (US461.8 million) project, which has a designed capacity of 50 MW, will cover some 60 … [Read more...] about Binh Dinh pledges to close solar power plant if it impacts local residents
Solar power
Binh Dinh pledges to close solar power plant if it causes environmental problems
Binh Dinh pledges to close solar power plant if it causes environmental problemsThe Saigon Times Daily A local voices his concern over the possible effects of the solar power project at the discussion with the government of Binh Dinh Province on November 5 – PHOTO: THANH NIEN NEWSPAPER HCMC – Binh Dinh Province government has pledged to immediately shut down a solar power plant in the north-central locality if it has adverse effects on local residents, Thanh Nien newspaper reported. The province’s chairman, Ho Quoc Dung, on Monday held a discussion with residents in the outlying district of Phu My to address their concerns over the possible effects of the solar power project. Earlier, the Hanoi-based Vietnam Renewable Energy JSC was given the go-ahead to build the solar power plant in Tra O Lagoon, located in the same district, stirring up public concerns. The VND1.44-trillion (US461.8 million) project, which has a designed capacity of 50 MW, will cover some … [Read more...] about Binh Dinh pledges to close solar power plant if it causes environmental problems
Thua Thien-Hue works to boost green growth via solar power projects
Illustrative image (Source: VNA) Thua Thien-Hue (VNA) – Thua Thien-Hue has pushed investors to consider six solar power projects, a sector for which the central province is offering special investment incentives with a view to boosting green growth. Last October, a 35MW solar power factory was inaugurated in Thua Thien-Hue. Invested with nearly 1 trillion VND (42.8 million USD), the plant of the Gia Lai Electricity JSC – a subsidiary of Thanh Thanh Cong Group – covers 45ha in My Hoa hamlet of Dien Loc commune, Phong Dien district. Thanh Thanh Cong Group said the plant’s electricity output approximates the yearly consumption of some 32,630 households in Vietnam, and it is hoped to reduce some 20,503 tonnes in CO2 emissions each year. Apart from this project, the province has installed solar power systems with capacity of 1.5kWh each on two fishing boats in Phu Vang district, helping these vehicles save 20 litres of oil each day. It has built an … [Read more...] about Thua Thien-Hue works to boost green growth via solar power projects
EPTC agrees to buy BCG solar power
Nguyen Danh Son, director of the Electric Power Trading Company, and Pham Minh Tuan, general director of BCG Bang Duong Energy JSC, at the signing ceremony on October 29. — VNS Photo An Electricity of Viet Nam subsidiary and BCG Bang Duong Energy JSC on Monday signed a power purchase agreement for the latter’s 40MW solar power plant in Long An Province. Electric Power Trading Company is the monopoly buyer of electricity in the country. It currently pays VND2,086 for a kilowatt hour of solar power. The US$42 million solar plant in Long An’s Thanh Hoa District by BCG Bang Duong Energy JSC is under construction and slated for completion no later than June 2019. Once completed, it aims to generate 60 million kWh of power annually. In addition, Bamboo Capital Group, the parent of BCG Bang Duong, is building two other solar power projects in Long An: the 100MW GAIA plant and 50MW Sunflower plant. BCG plans to next enter the Quang Nam Province electricity market with two … [Read more...] about EPTC agrees to buy BCG solar power
Foreign investors pour money into solar power projects
VietNamNet Bridge - The current low electricity price and high investment rate in solar power development are discouraging investors, but they see great opportunities in the long term. Investors see great opportunities in Vietnam in the long term Ha Tinh province’s chair Dang Quoc Khanh on October 4 gave an investment certificate to GA Power from Germany for two solar power projects, capitalized at $46.6 million in total. The 2017 Energy Report showed that Vietnam is shifting to renewable energy sources to generate electricity to satisfy high demand while maintaining production costs. In August, B.Grimm Power announced the two investments in power projects in Vietnam, including the package of $35.2 million spent to acquire 80 percent of shares in a solar power plant in the coastal province of Phu Yen which has installation capacity of 257 MW. RELATED NEWS Renewable energy development in VN faces challenges Solar energy industry poised to take off Chi Nam … [Read more...] about Foreign investors pour money into solar power projects