Solar Power Projects Start Construction

Phú Khánh Solar Power JSC organised the groundbreaking ceremony for two solar power plants -- Xuân Thọ 1 and Xuân Thọ 2 on Tuesday. — Photo plo.vn
Viet Nam News

HÀ NỘI — Phú Khánh Solar Power JSC co-operated with provincial authorities of the central coastal province of Phú Yên to organise groundbreaking ceremonies for two solar power plants – Xuân Thọ 1 and Xuân Thọ 2 on Tuesday.

The Xuân Thọ 1 project has total investment capital of nearly VNĐ1.25 trillion (US$). The project will be implemented on an area of ​​about 60 hectares in Xuân Thọ 1 Commune.

The Xuân Thọ 2 project, which has investment capital of nearly VNĐ1.24 trillion, will also be built on an area of ​​about 60 hectares in Xuân Thọ 2 Commune.

Each factory has a total design capacity of more than 49.6MW and electricity production of about 76.2 million kWh per year.

The investor said they would strive to bring the two factories into commercial operation on June 30.

Trần Hữu Thế, vice chairman of Phú Yên provincial people’s committee, said the two projects would contribute greatly to the local budget and help generate jobs for local people.

The current average total sunshine hours in the province is 2,467 hours with the total amount of average solar radiation over 1,700kWh per square metre.

This is an advantage for the province to attract clean energy projects. The province has already licensed six solar power projects so far. — VNS

RECENT NEWS

Vietjet Launches Four Routes Linking Top Destinations Of Việt Nam And India

Vietjet has officially launched four more services linking top destinations of Việt Nam and India including HCM Ci... Read more

Sacombank To Recruit 300 Staff By July

Sacombank is set to hire 300 employees by the end of July for positions like personal/corporate customer service ass... Read more

"Fly First-Pay Later" By MOVI And Vietjet Wins Technology Award

“Fly first - Pay later” is an 100 per cent online financial product that first appeared on the Vietnamese market... Read more

EXIM Thailand Opens Representative Office In HCM City, Inks Credit Deal With BIDV

The Export-Import Bank of Thailand has agreed to provide the Bank for Investment and Development of Việt Nam with ... Read more

Vietjet Launches Two Routes To India

The two newest routes, which will operate 3 and 4 round-trip flights per week respectively, are expected to continu... Read more

Vietjet Develops E-logistics, Pays 20 Per Cent Stock Dividend

The budget carrier expects to earn more than VNĐ22.3 trillion (US$959 million) in air transport revenue in 2022 Read more