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|The launching ceremony of Xuan Tho 1 and Xuan Tho 2 solar power plants in Phu Yen province|
Phu Khanh Solar Power JSC launched construction of its Xuan Tho 1 and Xuan Tho 2 solar power plants in Song Cau district in the north-central coastal province of Phu Yen on January 8, 2019.
The project has a total investment capital of nearly VND2.48 trillion ($107.8 million) consisting of two stations covering an area of 120 hectares, each station having a total designed capacity of 49.6 megawatts, with the combined annual production output of approximately 76.2 million kWh.
The Xuan Tho 1 and 2 solar power plants are expected to be plugged into the national power grid in June 2019.
“Phu Khanh Solar Power JSC engages in building two solar power plants in Phu Yen province’s Xuan Tho 1 and Xuan Tho 2 communes in pursuit of the prime minister’s commitment to encourage renewable energy and clean energy development in Vietnam.
“The project aims to contribute to enriching the local power mix with clean energy, promoting Phu Yen’s social and economic development, creating more jobs, and improving the infrastructure of the region,” said Tran Minh Tien, general director of Phu Khanh Solar Power JSC, at the plant’s ground-breaking ceremony.
With its hot and humid weather, as well as sunshine averaging 2,467 hours and average solar radiation surpassing 1,700kWh per square metre, Phu Yen boasts abundant advantages to court clean energy projects.
Earlier, on October 30, 2018, Phu Khanh Solar Power JSC signed the electricity supply contracts of the two plants with state-owned Electricity of Vietnam (EVN).
After commencement, the investor will focus on accelerating the construction and installation process to ensure the plants’ commercial operation on June 30, 2019, as scheduled.
According to Tran Huu The, Vice Chairman of the Phu Yen People's Committee, there are seven solar power projects in the province approved by the Ministry of Industry and Trade in the Power Development Plan VII.
Six of these projects have a total investment value surpassing VND10 trillion ($434.7 million) and a total combined capacity of 463MWp. They have been granted guidelines for investment by the province.
At the ceremony, the investor offered VND120 million ($5,200) to representatives of Xuan Tho 1 and Xuan Tho 2 communes as scholarships to support poor local students with good scholastic achievements.