Solar power production has officially commenced in Tay Ninh in a 420 MW project, the most important of its kind in Southeast Asia.
The inauguration of the Dau Tieng Solar Power Complex, a three way partnership of Vietnamese construction company Xuan Cau and Thai conglomerate B.Grimm, took place on Saturday in Tan Chau district of Tay Ninh province, about 100 km (62 miles) from Ho Chi Minh City. Vietnam Express News reported.
The $391 million complex covers 540 hectares on partially submerged land on Lake Dau Tieng, the country’s largest artificial lake.
Construction of the complex began in June last yr and was accomplished in roughly 10 months.
It is anticipated to produce roughly 688 million kWh per yr to Vietnam’s national power grid, corresponding to the consumption of virtually 320,000 households. Developers imagine the solar plant could meet the electricity needs of all of Tay Ninh while also providing some power to other parts of southern Vietnam.
Nguyen Van Binh, head of the Central Economic Commission, said on the inauguration ceremony that the plant would help transform Tay Ninh into one in every of the country’s solar energy “capitals”.
“It will contribute to the use of valuable green and clean energy resources, while helping to ensure the country’s energy security and stimulating local socio-economic development,” he said.
According to report by Solarplaza in 2018, Vietnam achieved almost 99% electrification; nonetheless, energy demand is anticipated to grow by 10% per yr over the subsequent five years, which suggests total capability could have to double. The development of renewable energy sources is due to this fact obligatory to make sure energy security and meet the growing energy demand.
Solar energy currently accounts for 0.01% of the country’s total energy production, but the federal government plans to extend this to three.3% by 2030 and 20% by 2050.
Vietnam’s electricity demand is currently largely depending on hydro and thermal power plants
