2nd Vietnam Renewables,

17-18 Oct, 2019 - Ho Chi Minh City, VIETNAM

Lotte Legend Hotel Saigon

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News Feed

Vietnam starts new solar power projects to achieve national target

Posted on : 04 Oct, 2019

 
Vietnam aims to use solar energy to meet its rising electricity demand and last year, it had a combined capacity of about 10,000 MW registered solar power projects.
 
The country has already witnessed a slew of solar power plants  becoming operational in early 2019 – especially in the Southern Vietnam.
 
TTC Group of Vietnam and Gulf Group of Thailand have started two solar power plants in Thanh Thanh Cong Industrial Park in An Hoa commune of Trang Bang district, the southern province of Tay Ninh.
 
Another 57 million kWh per year solar power plant was started in Thanh An commune of Thanh Hoa district, southern Long An province – which is a joint venture between Bamboo Capital and Vietnam-Oman Investment (a JV between the State General Reserve Fund of Oman and the State Capital Investment Corporation of Vietnam). The plant is expected to produce electricity equivalent to the annual consumption of 22,000 households in Vietnam and is slated to reduce about 16,000 tonnes of CO2 emitted annually.
 
The capacity of power generation facilities installed needs to reach 130,000 MW by 2030, compared to the current 47,000 MW – according to the national electricity development plan.
 
New operational facilities with a combined capacity of 83,000 MW is needed by 2030 to meet the growing power demand. In addition, the country also needs more power transmission and distribution infrastructure.
 
Find out more about solar power projects in Vietnam at CMT’s 2nd Vietnam Renewables Summit on 17-18 October, 2019, in Ho Chi Minh City.
 
For more information about the conference, contact Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218.
 
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