Dau Tieng Energy Joint Stock Company inaugurated the Dau Tieng solar power plant, the largest solar power project in ASEAN, in the southern province of Tay Ninh.
The project is a financial co-operation between the company and Thailand’s B.Grimm Power Public Company limited, with total investment of more than VND9.1 trillion (US$384 million).
After more than 10 months of construction, the project officially connected to the national electricity grid in June this year, supplying green energy for Tay Ninh Province and supplementing power for the southern region.
The 504ha project, located in Dau Tieng Reservoir with a designed capacity of 420MW, is expected to supply about 688 million kWh per year to the national grid, which is equivalent to the annual consumption volume of nearly 320,000 households in Viet Nam.
Speaking at the grand opening ceremony held in the province on Saturday, head of the Party Central Committee’s Economic Commission Nguyen Van Binh said this is a pioneer project in exploiting and developing great potential for renewable solar energy locally according to the Government’s policy of encouraging the development of renewable energy, as well as demonstrating the deep economic co-operation between Viet Nam and Thailand
“The DT1 and DT2 complexes have turned Tay Ninh to be one of the hubs of solar power of the whole country; exploiting commercial electricity according to designed capacity, contributing to supplementing precious, green and clean energy sources, ensuring national energy security and serving local socio-economic development in the industrialisation and modernisation process,” Binh said.
Binh said Viet Nam encourages investment and development of renewable energy including solar, wind, biomass and geothermal energy, which will be gradually replacing traditional energy sources such as thermal power and hydropower, adding: “Renewable energy is a clean, environmentally friendly energy source that is the general development trend of the world.” — VNS