- Green Growth
- Your Consultant
|These projects' construction will be implemented on areas of destroyed forest, revoked agricultural projects|
The Dak Lak People’s Committee has proposed to add 14 more solar farms to the solar development planning of the province, in addition to the existing four projects, according to newswire Tuoitre.
Almost all of the 14 projects will be developed in Ea Sup and Buon Don districts.
Previously, in March 2017, Dak Lak granted investment certificates and signed memoranda of understanding (MoUs) with several companies for the development of solar projects with the total value of $3.3 billion.
|According to the Dak Lak People's Committee, the four planned projects have been waiting for the prime minister’s approval.|
Notably, US power group AES Corporation signed an MoU to invest $750 million in a solar factory, which will have the capacity to generate 300-500MW of electricity.
Licences were also granted to Xuan Thien Company Limited and SolarPark Company Limited.
Accordingly, Xuan Thien will invest $2.2 billion in a 2,000MW solar project in the region.
South Korea‘s SolarPark will build a $45-million solar plant in the province. In 2016, it signed an MoU to build a $600 million to $1 billion solar power plant project between 2016 and 2056.
The project will be constructed at Ea Sup Thuong Lake in Ea Sup district and will have a production capacity of 300-500MW.
In addition, Long Thanh Infrastructure Development and Investment Company plans to invest $308 million in a 250MW solar farm in the country.
However, the four projects in plan do not include SolarPark’s project. Instead, TH True Milk Group’s project was picked to replace this project.
According to the plan, TH True Milk Group will develop a solar power plant with a maximum capacity of 1,117MW on 1,117ha belonging to Dak Lak Forestry and Food Processing Limited Liability Company. The investment will be implemented in two phases, with the first having a capacity of 117MW and the second 1,000MW.
According to the Dak Lak People's Committee, the four planned projects are waiting for the prime minister’s approval.