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Vietnam plans to develop solar energy

Staff Writer |
Vietnam has planned to increase solar energy capacity from an inconsiderable level now to 850 MW by 2020, some 4,000 MW by 2025 and about 12,000 MW by 2030, the country's major electricity producer and sole distributor said.

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Over 30 Vietnamese and foreign investors have registered for building solar power plants with capacity from 30 MW to over 300 MW, mainly in the central region, the state-owned group Electricity of Vietnam (EVN) said, noting that it will build a 200-MW solar plant in 2018 in southern Ninh Thuan province with total investment of 8,000 billion Vietnamese dong ($354 million).

Firms from South Korea, France, Germany, India, Thailand and Singapore have recently registered to construct solar power plants in central Thua Thien Hue, Quang Tri, Binh Dinh, Binh Thuan and Ha Tinh provinces, and southern Ninh Thuan and Hau Giang provinces.

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