Glutton for work: Thien Tan to develop second solar power plant
After kicking off the construction of the first solar power plant in the central province of Quang Ngai, Thien Tan Group continues to co-operate with US partner Black & Veatch to study investment opportunities for another solar power plant in Ninh Thuan province.
 |
Accordingly, Thien Tan plans to develop a 1,000MW solar power plant with a total investment capital of $2 billion, using batteries imported from First Solar Group from the US.
Regarding Black & Veatch, the company said that it specialises in consulting and constructing infrastructure for energy projects.
The company has plenty of experience in implementing solar power projects and wind farms up to a capacity of 3,500 and 2,200 MW, respectively, in over 100 countries. Black & Veatch currently has over 100 offices across the world.
In August 2015, Thien Tan has also started developing a 19.2MW solar power project in Quang Ngai, with the total investment of nearly $41 million. It is one of the two solar power plants implemented in Vietnam to date.
The plant will be kitted out with modern technology and equipment. Once it comes into operation, it will have an output capacity of 28 million kWh per year.
Along with solar power projects, Thien Tan is negotiating with US-based Global Universal Inc. to form a joint venture to upgrade and expand the Chu Lai airport expansion projec in the central province of Quang Nam under a build-operate-transfer (BOT) format.
Besides, in July, Thien Tan signed a consultancy agreement with Nikken Sekkei Civil Engineering Ltd. from Japan to aid the infrastructure development of Ly Son Island District in Quang Ngai province.
