The Phuoc Ninh Solar Power Project was completed on Monday in the central province of Ninh Thuan.
Speaking at the site of the project, deputy minister of industry and trade Cao Quoc Hung said the solar farm, which is expected to produce up to 75 million kWh annually, reaffirmed Viet Nam and Ninh Thuan’s commitment to the development of renewable energy.
The country was forecast to require up to 6,000 MW in the 2021-2025 period, with demand for power surging by 8.5 per cent year-on-year.
Pham Van Hau, vice chairman of the province’s People Committee said the solar power project was to play an important part in the province’s socio-economic development, especially in transforming the province into the country’s largest producer of renewable energy.
Hau said the project was part of Politburo Decision 55 on Viet Nam’s national energy strategy until 2030 with a vision to 2045, which offers incentives to private investors to make investments in the power sector.
The VND1 trillion (US$43 million) solar farm, an investment by T&T Group, was connected to the national grid earlier on June 10. — VNS
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