Business

Quang Tri licences six renewable energy projects in two months

The central province of Quang Tri has approved investment plans for four wind and two solar power projects, whose costs amount to more than 7.4 trillion VND (319.1 million USD).
Quang Tri licences six renewable energy projects in two months ảnh 1Illustrative photo (Source: VNA)

Quang Tri (VNA) – The centralprovince of Quang Tri has approved investment plans for four wind and two solarpower projects, whose costs amount to more than 7.4 trillion VND (319.1 millionUSD).  

Among these projects are Gio Thanh EnergyJSC’s 50 MW Gio Thanh 1 solar electricity plant, which spans 65 ha in Gio Linhdistrict’s Gio Thanh commune. The investment is estimated to exceed 1.1trillion VND (47.4 million USD).

Meanwhile, SECO JSC has been given approvalto carry out the 50 MW Gio Thanh 2 solar power plant project. The plant,covering 60 ha in Gio Linh’s Gio Thanh and Gio Hai communes, will be built at acost of some 1.1 trillion VND.

Local authorities have also allowed theconstruction of the Huong Phung 3 wind power plant in Huong Hoa district. TheHuong Phung wind power limited company plans to build the 30 MW facility on 9ha of land, with investment exceeding 1.58 trillion VND (68.12 million USD).   

GELEX Quang Tri Energy JSC was alsopermitted to invest nearly 3.66 trillion VND (157.38 million USD) into GELEX 1,2 and 3 wind power plants, with capacity of 30 MW each. The projects will coversome 24 ha in Huong Hoa and Dakrong districts.

Energy development is a priority in QuangTri, with wind power projects mostly located in the western mountainous areaand solar power ones on coastal sand dunes.

The province has zoned off three key areasfor wind power, which cover more than 6,700 ha. Its total wind electricityoutput is expected to reach 800 MW in the near future with the operation offour more plants.

Three solar projects are underway in QuangTri at the moment, with the first solar power plant of the province expected tobe fully operational by the end of June.-VNA
VNA
#renewable energy projects #renewable energy projects in Quang Tri #renewable energy development in Quang Tri #Gio Thanh 1 #SECO JSC #Gio Thanh 2 #solar electricity plant #GELEX Quang Tri Energy JSC #Quang Tri #Vietnam news agency #vietnamplus Quang Tri
Follow VietnamPlus

Related News

Quang Tri records economic growth of 7.12 percent in 2018

Quang Tri records economic growth of 7.12 percent in 2018

The central province of Quang Tri fulfilled all of its set socio-economic targets in 2018 and posted an annual economic growth of 7.12 percent, Vice President Dang Thi Ngoc Thinh was reported at a working session with local authorities on January 22.

See more

A Korea-invested company in Hue city, Vietnam (Photo: VNA)

Foreign investors show strong confidence in Vietnam’s long-term investment potential

While concerns over tariffs are real and may lead some foreign investors to take a more cautious approach in disbursing capital, especially for large-scale and long-term projects, Vietnam still holds significant advantages in attracting FDI thanks to a favourable business environment and, most importantly, the Government’s strong commitment to supporting investors.

Deputy Minister Nguyen Hoang Long, Minister of State Douglas Alexander, and representatives from ministries and the embassies of both countries pose for a group photo at the 14th JETCO meeting. (Photo: VNA)

Vietnam, UK boost economic, trade ties

Over the past decade, trade and investment relations between Vietnam and the UK have made remarkable strides. On trade, the two countries have implemented the UKVFTA for more than four years, and most recently, the UK’s accession as the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has further strengthened bilateral cooperation.

Workers assemble parts on an automotive production line in HCM City. The city’s industrial sector is showing strong signs of recovery. (Photo: moit.gov.vn)

HCM City sees strong recovery in industrial production

HCM City's 23 industries – including printing and media reproduction, furniture manufacturing, non-metallic mineral products, motor vehicles, electrical equipment, clothing and electronic and optical products – reported higher output in the first half of 2025.

Workers pack cashew nuts at Duc Thinh production and trading co., ltd., former Binh Phuoc province (Photo: VNA)

Vietnam targets 4.5 billion USD in cashew exports for 2025

Figures from the first six months show cashew exports reached 346,800 tonnes, earning 2.36 billion USD, a drop of 2.7% in volume but a surge of 20.4% in value annually. The rise was largely attributed to a significant increase in export prices, which helped offset lower shipment volumes.

The Hai Phong City Convention and Performance Centre is one of the venues for ABAC III. (Photo: VNA)

Hai Phong expects strong wave of investment from APEC member economies

Hai Phong will present investment registration certificates for 32 projects and sign seven Memoranda of Understanding, with total committed capital exceeding 15.6 billion USD. These projects include investments from Europe and the US, reflecting the growing interest of global investors in the city's business environment and development potential.

The ongoing administrative reforms are expected to expand the real estate sector's appeal to investors. (Photo: VNA)

Institutional reforms open new investment frontier for realty sector

Assessing the impact of the new model, Director at Savills Vietnam’s Advisory Services Do Thi Thu Giang said that the deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency.

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva and representatives of St. Gallen Endowment. (Photo: VNA)

Vietnam boosts cooperation with St. Gallen Endowment of Switzerland

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva, has recently held a working session with representatives of the St. Gallen Endowment to boost cooperation between Vietnam and the Swiss fund, as part of his attendance at a seminar in Geneva on risk levels and countries’ trade responses to rising tariffs.

Czech Minister of Industry and Trade Lukas Vlcek speaks at the seminar (Photo: VNA)

Czech businesses ramp up pursuit of opportunities in Vietnam

The Vietnam – Czech Republic business networking seminar, held in Hanoi on July 11, opened up numerous prospects for cooperation between the two countries in key areas such as high technology, energy, mining, and the defence industry.

PVI Insurance shines bright with prestigious international awards

PVI Insurance shines bright with prestigious international awards

At the 2025 Insurance Asia Awards, held by Insurance Asia News in Hong Kong, PVI Insurance was the only company from Vietnam to win in all three main non-life insurance categories, Best General Insurer, Outstanding Claims Management and Best Digital Insurer of the Year.