Vietnam: Investors show interest in solar power projects in Khanh Hoa

Vietnam: Investors show interest in solar power projects in Khanh Hoa

Investors have shown interest in solar energy sector in the central coast
province of Khanh Hoa, with about 10 solar projects applying for investment
licenses in the province.

Local authorities considered the projects with great care, selecting only
competent investors with advanced technology.

Three projects in the field have been approved, according to the provincial
Department of Planning and Investment.

They include a 70-hectare plant in Cam Thinh Dong commune, Cam Ranh city
with capacity of 60MW. It is invested by the Song Giang Hydropower SJC at a
total cost of more than VND2 trillion (US$88 million).

Another project of similar size will be located in Thuy Ba and Tan An
hamlets, Cam An Bac commune, Cam Lan district. The 50MW project, covering 70
hectares, will break ground at the end of 2017 and be operational by the end
of next year.

The last is a 10 MW solar energy project in Cam Thinh Tay commune, Cam Ranh
city that has total investment of more than VND400 billion (US$17.6
million). It is expected to be capable of producing about 14.5 million KWh
per year.

Khanh Hoa is also considering building a 100MW KN Van Ninh Solar Power Plant
in Van Ninh district with a total investment of VND2.4 trillion (US$105.6
million). If the project is approved by provincial authorities in principle,
it will be assessed by the Ministry of Industry and Trade before submission
to Prime Minister Nguyen Xuan Phuc.

Also, Hong Kong-based firm Jinko Solar has proposed a US$75 million solar
project in Cam An Bac and Cam An Nam communes.

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Link to Original Article:
http://english.vov.vn/economy/investors-show-interest-in-solar-power-project
s-in-khanh-hoa-350663.vov

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com