The project on the Xuan Tho 1 and Xuan Tho 2 solar power plants have been implemented in their communes with a total investment capital of nearly VND1,247 billion and VND1,237 billion, respectively.
Each plant has a designed capacity of over 49.6MW and is expected to generate 76.2 million kWh per year.
Phu Khanh Solar Power JSC, the main investor in the project, and other construction firms said they will strive to put the two solar power plants into operation by June 30, 2019.
Tran Huu The, vice chairman of Phu Yen province People’s Committee, said construction on the three solar power plants in the locality so far has received a total investment capital of nearly VND8 trillion.
These projects have significantly contributed to ensuring the security of the energy in the province.
The Xuan Tho 1 and Xuan Tho 2 solar power plants in particular will add fresh impetus to job creation along with adding resources to the local budget.
Phu Yen province has so far granted investment licenses to a total of six solar power plant projects in the locality.