Ha Tinh (VNA) - The Hoanh Son Joint Stock Co has inaugurated its solar powerplant, worth more than 1.45 trillion VND (62.7 million USD), in thecentral province of Ha Tinh.
Theopening ceremony of the plant – the first of its kind in the province – saw thepresence of Deputy Prime Minister Vuong Dinh Hue.
Spanning50ha in Cam Xuyen district, the Cam Hoa solar power plant has a designedproduction capacity of 50 MWp.
Accordingto local authorities, the plant’s launch marked a good beginning for Ha Tinh’srenewable energy industry and is expected to contribute to accelerating theprovince’s socio-economic development in the future.
Theyadded that the province was also seeking foreign and domestic investment in twoother solar power plants.
Renewableenergy like solar and wind will play an essential role in helping Vietnamcomplete its long-term goal of connecting the whole country to the nationalgrid, experts have said.
Accordingto them, Vietnam’s solar system had the potential to reach 35,000MW by 2030.
TheGovernment has applied tariff incentives or renewable energypayments for solar power since 2017 in an attempt to accelerate investmentin renewable energy.-VNA