More solar power projects to be developed in Binh Phuoc
The southern province of Binh Phuoc has two communes eligible for solar power projects with capacity between 130-300 MW, according to the Power Development Project Management Board No.6 under the Electricity of Vietnam (EVN).
Vice Chairman of the provincial People’s Committee Huynh Anh Minh said Binh Phuoc is calling for investment in solar power projects in tandem with high-tech agriculture development.
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Detailed surveys of land use in the locality should be done to build a roadmap for solar power projects, he said.
EVN plans to mobilise total investment up to US$1 billion for energy development, focusing on solar energy projects.
Vietnam has enormous solar potential, especially in its central and southern regions. It has average solar irradiation of 4-5 kWh/squ.m/day, comparable to Thailand and the Philippines, which are more developed solar markets in the region, as well as to mature international markets like Spain and Italy.
The Vietnamese Government has recognised this potential and aims to significantly increase renewable energy production, including solar power.
Under the newly revised Power Development Plan for until 2030, which includes ambitious development targets for renewables, the capacity of solar photovoltaics is hoped to increase from about seven megawatts (MW) now to 850MW by 2020 and 12,000 MW by 2030.
