Workers install solar power pannel for a project in Quang Ngai Province (Source: VNA)
Quang Ngai (VNA) - Thailand’sTriple Win Corporation plans to develop a solar power project in Duc Phodistrict in the central province of Quang Ngai later this year.
The provincial Department of Industry andTrade said the Thai investor has been preparing a pre-feasibility study ondeveloping a 150 megawatt (MW) project in coastal Pho An commune, 40km south ofQuang Ngai city.
The department said the solar power projectwill help the province’s ‘green’ growth efforts and provide a ‘green’ powersource connected to the national grid.
In 2015, the province began construction ona 19.2 MW solar power plant in Mo Duc district with total investment of nearly 900billion VND (41 million USD).
When finished, the power station, whichcovers 24ha, will supply 28 million kilowatts an hour to the national grid.
In 2005, a solar power project was developedin An Binh islet of Ly Son island district, 30km off the coast of Quang Ngai,however the district started using power from the national grid at the end of2014.
The province has called for domestic andforeign investment in infrastructure projects in Dung Quat Economic Zone andother industrial parks.
According to latest reports, the centralprovince has attracted 36 foreign direct investment projects, worth 4 billionUSD.
Singapore’s Sembcorp has been preparing toconstruct a 141ha thermal power plant in the Dung Quat Economic Zone
The 2,100MW thermal power plant hasinvestment capital of 2 billion USD for the first phase, and is expected tobecome operational by the third quarter of 2020.-VNA
Central Highland province of Dak Lak possesses huge renewable energy sources. Over the past time, the province has effectively exploited and used these potentials and contributed to regional and local energy security. Report by the Vietnam Business Forum.
Authorities in central Quang Binh province have conducted research on a solar-power project to make sure it is cost effective in all areas that it reaches.
Central Quang Binh province started work on a 13.7 million USD project in Bo Trach district on July 1 to supply solar power to far-flung areas outside the reach of the national grid.
Thai Deputy Prime Minister Somkid Jatusripitak has called on foreign investors, including those from China, to keep calm as the nation’s political situation will be stable after its 2017 election.
The Prime Minister has approved adjustments to the solar power project in the central province of Quang Binh, which is funded by official development assistance from the Republic of Korea.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Workers install solar power pannel for a project in Quang Ngai Province (Source: VNA) 
