Gia Lai Electricity and JGC Engineering Company has signed an agreement for the Japanese company to design and build a 50-megawatt solar power plant in Gia Lai province. The agreement is estimated to be worth over $47 million USD.
Vietnam is accelerating the construction of solar power plants to make up for an anticipated power shortfall due to the recent cancellation of two nuclear power projects that had been expected to generate power by 2030.
Japanese electronics giant Sharp has signed an agreement with Vietnam’s Gia Lai Electricity JSC to build a huge 48MW solar plant in Thua Thien Hue Province on Vietnam’s central coast.
Superblock, Thailand’s largest solar energy company, has announced plans to invest $650 million USD in three “near-shore wind farms” in southern Vietnam.