Binh Thuan boasts great potential for solar power development
Five solar power projects worth over VND14.8 trillion (US$651.2 million) have been approved to invest in the central coastal province of Binh Thuan as of May 2017.
They included a 200MW plant covering 309 hectares in Thien Nghiep commune, Phan Thiet city, and a 150MW plant in Bac Binh district and Phan Thiet city with a total area of 211 ha.
Dry climate and sunny weather, especially in the northern area, are advantages allowing Binh Thuan to develop solar power apart from wind power mills.
Many investors are interested in investing in the field in the locality.
The provincial People’s Committee has approved studies for investment in 30 other solar electricity projects in the locality, with two of which, Eco Seido and Da Mi solar plants, which have respective capacity of 40 MW and 47 MW, getting approval from the Ministry of Industry and Trade.
Binh Thuan has 40 locations that have been planned to call for investment for developing solar power projects, mainly in Bac Binh, Tuy Phong and Ham Tan districts.
According to Chairman of the provincial People’s Committee Nguyen Ngoc Hai, the local authorities encourage the mobilisation of capital from economic sectors to fully tap the locality’s advantages of natural and energy resources.
The locality is calling for investment into developing clean energy in connection with key economic sectors, towards realising its goal of becoming an energy centre by 2020, with a total capacity of over 12,000 MW.
As scheduled, by 2030, Binh Thuan is likely to attract solar electricity projects with a combined capacity of over 4,000 MW. The locality is hoped to become a clean energy centre in the future.
