Korean firm to invest in solar power plant in Vietnam

According to the experts, two sites in Thach Ha District are suitable for the 300-megawatt plant, which is expected to take over an area of between 300 and 500 hectares.

Vice President of Solar Park Korea, Mr. Hong Nam Pyo and Vietnam Representative, Mr. Truong Manh Hung

(Image: www.baohatinh.com.vn)

The company will hand over the plant, the first solar power project in Ha Tinh, to local authorities after 20-25 years.

Vietnam is on track to have an installed power capacity of 75,000 MW by 2020, with 46.8% using coal, 24% using gas, and 19.6% using hydropower.