Binh Phuoc: over 12 trillion VND invested in solar power
More than 12 trillion VND (514.72 million USD) has been invested in a solar power project in the southern province of Binh Phuoc, said Director of the provincial Department of Planning and Investment Vo Sa.
More than 12 trillion VND (514.72 million USD) has been invested in a solar power project in the southern province of Binh Phuoc (Illustrative photo: VNA)Binh
Phuoc (VNA) – More than 12 trillion VND (514.72 million USD) has
been invested in a solar power project in the southern province of Binh Phuoc,
said Director of the provincial Department of Planning and Investment Vo Sa.
The capital will be divided into three phases with a total designed capacity of up to 800MWp.
The first phase will be carried out with an investment of 4.92 trillion VND whilst the second and third phase with over 7 trillion VND.
Invested by Hung Hai Group, the project has received the Government’s permission to utilise 4,000ha in the province’s Loc Ninh district to develop solar power.
To prepare for the project, Hung Hai Group started the building of a 220kV transmission line to connect with the national grid upon the project’s completion. The 29km Loc Ninh – Binh Long 2 line runs through Loc Thanh, Loc Tan, Loc Thien, Loc Thanh, and Loc Thinh communes in Loc Ninh district, and Thanh Luong commune in Binh Long town.
According to experts, the province holds huge advantage to develop solar power, with an average of 2,700 sunshine hours per year.
Binh Phuoc province is working to transfer over 5,000ha of rubber trees with poor economic values into land for solar power development.–VNA
The capital will be divided into three phases with a total designed capacity of up to 800MWp.
The first phase will be carried out with an investment of 4.92 trillion VND whilst the second and third phase with over 7 trillion VND.
Invested by Hung Hai Group, the project has received the Government’s permission to utilise 4,000ha in the province’s Loc Ninh district to develop solar power.
To prepare for the project, Hung Hai Group started the building of a 220kV transmission line to connect with the national grid upon the project’s completion. The 29km Loc Ninh – Binh Long 2 line runs through Loc Thanh, Loc Tan, Loc Thien, Loc Thanh, and Loc Thinh communes in Loc Ninh district, and Thanh Luong commune in Binh Long town.
According to experts, the province holds huge advantage to develop solar power, with an average of 2,700 sunshine hours per year.
Binh Phuoc province is working to transfer over 5,000ha of rubber trees with poor economic values into land for solar power development.–VNA
You should also see
Leaders pay tribute to President Ho Chi Minh on National Reunification Day
Leaders and former leaders of the Party, State, Government, National Assembly (NA), and Vietnam Fatherland Front (VFF) paid tribute to President Ho Chi Minh at his mausoleum in Hanoi on April 26 on the occasion of the 49th anniversary of the Liberation of the South and National Reunification Day (April 30, 1975-2024).
See more
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
Business
Vietnam needs drastic reforms to create firm ground for economic growth: experts
Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.
Business
Dak Lak firm pioneers in following EUDR in coffee production
The Dak Lak September 2 Import-Export Company Limited (Simexco) has pioneered in building coffee growing areas following the EU Deforestation Regulation (EUDR), it announced on April 25.
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Business
Vietnam ranks fifth among aquatic product suppliers for Singapore
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
