Illustrative image (Source: VNA)Tay Ninh (VNA) – The southwesternprovince of Tay Ninh has granted investment licenses to five solar powerprojects worth over 14.3 trillion VND (629.9 million USD) in Duong Minh Chauand Tan Chau districts.
The plants with a combined capacity of 560 MWpwill be built on 20,620 hectares in the area of Dau Tieng reservoir.
Their construction is set to commence at the endof this year.
Three projects were invested by Dau Tieng TayNinh Energy Joint Stock Company.
The Dau Tieng 1 and 3 solar power plants aredesigned with the same capacity of 150 MWp and have respective investment ofover 3.9 trillion VND (171.7 million USD) and 3.6 trillion VND (158.5 millionUSD).
The Dau Tieng2 solar power plant worth over 4.9 trillion VND (215.8 million USD) has a capacityof 200 MWp.
The other projects were invested by Tri Viet TayNinh Joint Stock Company and Bach Khoa A Chau Tay Ninh Joint Stock Company withthe same capacity of 30 MWp and investment of over 760 billion VND (33.4million USD).
In recent years, the Dau Tieng reservoir hasplayed an important role in providing water for agriculture, industry and localdaily activities.
It holds great potential for solar energy production.
According to the Government’s targets, solarpower is expected to become the main renewable energy source in the future,with installed capacity to be increased from 6-7 MW by the end of 2017 to 850MW by 2020 (1.6 percent of the country’s power generation) and 12,000 MW by2030 (3.3 percent of the country’s power generation).
Vietnam is among countries that enjoy the mostsunlight in the world, with the Central Highlands and south central regionsrecording between 2,000 and 2,600 hours of sunshine every year, reported theVietnam Clean Energy Association.
Average solar radiation is 150 kcal/sq.m, about2,000 to 5,000 hours per year. -VNA
VNA
