Sunday, May 21, 2017 12:35:49 PM
A US$300 million solar project managed by Natcore Technology Inc. has been included in the list of selected projects for the development of solar energy in Vietnam’s Binh Thuan Province of Vietnam, and has been approved by the Province People’s Committee. Next up: confirmation by VietNam Electricity (EVN) and by the Ministry of Industry and Trade (MOIT). Only projects listed and approved in this manner can be developed in Binh Thuan Province. EVN is the largest power company in Vietnam, with an installed electricity generation capacity of 23,579 MW and a transmission network of 13,597 miles (as of 2015). MOIT is the Vietnamese government ministry responsible for the advancement, promotion, governance, regulation, management and growth of industry and trade.
The 200MW project will be completed in several phases. By developing the project in tranches, Natcore and its partners will be able to generate revenue before the entire project is completed. The first site would occupy 95 hectares (235 acres).
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Currently EVN prepares for investment in Phuoc Thai solar farm project, located in Ninh Thaun privince with a total capacity of 200MW,
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