Thai firm Gulf Energy Development Plc. plans to develop power plants in Vietnam and Laos to strengthen its presence in Indochina.
B. Grimm Power Plc. has completed the $35.2 million acquisition of solar photovoltaic power project in Vietnam as part of the expansion of its portfolio of overseas renewable power projects.
Chairman of the People’s Committee of the south central province of Binh Dinh Ho Quoc Dung on June 12 approved a proposal of a solar power project worth VND1.44 trillion (US$63.36 million) in Tra O lagoon in My Chau commune, Phu My district.
The Central Highlands province of Dak Nong has approved in principle a solar power project, worth VND1.1 trillion (US$48.4 million), in Truc Son commune, Cu Jut district, the provincial People’s Committee announced on April 4.
Investors have shown interest in solar energy sector in the central coast province of Khanh Hoa, with about 10 solar projects applying for investment licenses in the province.
Prime Minister Nguyen Xuan Phuc has approved adjustments to the solar power project in the central province of Quang Binh, which is funded by the Republic of Korea’s official development assistance.