The Hoa Hoi plant, the first solar power plant in Phu Yen, has a capacity of 256 MWp, and is the largest among Truong Thanh’s solar power projects. It is designated by the Prime Minister as a key project in Phu Yen’s socio-economic development master plan to 2020.
Total investment in the plant is estimated at over VND4.9 trillion (approximately US$212 million).
Truong Thanh’s chairman Dang Trung Kien said the plant will contribute to the country’s energy security while creating jobs for local workers and resources for the local budget.
Construction of the plant is scheduled to be completed in the second quarter of 2019.
According to Vice Chairman of the provincial People’s Committee, the provincial administration has submitted to the Ministry of Industry and Trade for approval a proposal to add 16 solar power plants with total capacity of 1,059.57 MWp to the power development plan.