First solar power plant inaugurated in Ha Tinh province
The Hoanh Son Joint Stock Co has inaugurated its solar power plant, worth more than 1.45 trillion VND (62.7 million USD), in the central province of Ha Tinh.
At the inauguration ceremony for the solar power plant in Ha Tinh province (Photo: baochinhphu.vn)
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
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Many solar power plants have become operational in the southern region in the first half of 2019, showing part of the solar power development wave to meet the economic growth demand in Vietnam.
The Vietnam Electricity (EVN) group has agreed with continuing the current feed-in tariff (FiT) rate at 9.35 US cents per kWh for rooftop solar power projects nationwide until 2021 as proposed by the Ministry of Industry and Trade (MoIT).
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
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At the inauguration ceremony for the solar power plant in Ha Tinh province (Photo: baochinhphu.vn) 
