$48.5m solar power plant opens

Thursday, Sep 12, 2019 11:16

The first phase of Nhi Ha solar power plant was put into operation in the south central coastal province of Ninh Thuan on Tuesday.

The first phase of Nhi Ha solar power plant was put into operation in the south central coastal province of Ninh Thuan on Tuesday.

Financed by the Solar Power Ninh Thuan Sole Member Limited Liability Company, the 50 MWp plant has a total investment capital of VND1.13 trillion (US$48.5 million). The plant is expected to generate 80 million KWh of electricity annually, meeting the demand of roughly 22,000 households.

Le Van Binh, Vice Chairman of the provincial Peoples Committee, said the success of renewable energy projects in Ninh Thuan has contributed to optimising investment resources and boosting clean energy development in the province. These projects have also helped create jobs and increase local budget collection, thus realising the target of developing the province into a national centre of renewable energy. — VNS

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