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Khánh Hòa: Investors interested in solar power projects

Update: June, 02/2017 - 18:41
Solar energy projects in Khánh Hòa Province are attracting investors’ interest. — Photo evn.com.vn
Viet Nam News

KHÁNH HÒA – Investors have shown interest in the solar energy sector in the central coastal province of Khánh Hòa, with some 10 solar projects applying for investment licences in the province. 

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

One is a 70ha plant in Cam Thịnh Đông Commune, Cam Ranh City, with capacity of 60MW. It is invested by the Sông Giang Hydropower SJC at a total cost of more than VNĐ2 trillion (US$88 million). 

Another project of similar size will be located in Thủy Ba and Tân An hamlets, Cam An Bắc Commune, Cam Lan District. The 50MW project, covering 70ha, will break ground at the end of 2017 and be operational by the end of next year. 

The last is a 10MW solar energy project in Cam Thịnh Tây Commune, Cam Ranh City, which has total investment of more than VNĐ400 billion ($17.6 million). It is expected to be capable of producing some 14.5 million KWh per year. 

Khánh Hòa is also considering building a 100MW KN Vạn Ninh Solar Power Plant in Vạn Ninh District, with total investment of VNĐ2.4 trillion ($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 Nguyễn Xuân Phúc. 

Futrher, Hong Kong-based firm Jinko Solar has proposed a $75 million solar project in Cam An Bắc and Cam An Nam communes. – VNS

 

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