Indonesian state-owned electricity giant PLN has secured a 500-million-USD “green loan” with a guarantee from the World Bank’s Multilateral Investment Guarantee Agency (MIGA) to keep seven renewable energy projects alive amid the COVID-19 pandemic.
The construction of the B&T wind farm cluster, the biggest foreign-funded renewable energy project in inland Vietnam, began in the central province of Quang Binh on September 20.
The People’s Committee in the central coastal province of Quang Binh had asked B&T Windfarm JSC to complete investment procedures in order to start the construction of a wind farm cluster no later than October 10 this year, according to the provincial portal.
Vietnam has seen a boom in renewable energy projects, in a bid to meet the nation’s future demands for power, after the Government scrapped plans to build a nuclear power plant in Ninh Thuan province.
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