German company invests in two solar power projects in Hau Giang hinh anh 1Illustrative image (Source: VNA)

Hau Giang (VNA) BS Heidelberg Solar GmbH of Germany said it plans to invest in two solar power projects in Vietnam’s southern province of Hau Giang, namely Hau Giang I and Hau Giang II.

A memorandum of understanding on the investment was signed by the company and the Hau Giang People’s Committee on April 2.

Covering 50ha in Hoa An commune, Phung Hiep district, Hau Giang I will have a capacity of over 40MWP and cost 50 million USD.

Meanwhile, Hau Giang II is expected to be based at the Nhon Nghia A Industrial Cluster in Chau Thanh A district. The 200-ha plant has a designed capacity of more than 170 MWp, with a total investment of 200 million USD.

Construction of the two plants is scheduled to begin in December 2018 and end in June 2019.

Rodny Scherzer, a member of the Board of Directors of BS Heidelberg Solar GmbH, said Hau Giang has favourable natural conditions for solar power projects.

The projects are important during this period, he said, pledging that the company will try to push the implementation of the projects.

At the working session, Nguyen Van Tuan, Vice Chairman of the Hau Giang People’s Committee, applauded the company’s investment, saying the projects match the locality’s policies and solar power planning scheme.

Hau Giang will create the best possible conditions for the company to deal with difficulties hindering the process.-VNA