A solar panel at a solar power plant. A solar and wind power plant, invested by Trung Nam Group in Ninh Thuận Province, will be put into operation on April 30. — Photo courtesy Trung Nam Group
General Director of Trung Nam Group Nguyễn Tâm Tiến said the 246-hectare solar and wind power complex would supply 401 million kWh each year for the provincial and national energy grid, and earn annual revenue of US$71 million from power sales.
Tiến said the plants would employ 2,000 local workers starting from the end of April.
He said the Trung Nam Solar Power Company, a member of the Trung Nam Group, had invested nearly VNĐ5 trillion ($222.2 million) in the first large-scale solar and wind energy hybrid project in coastal Thuận Bắc District.
The project, on which construction began last year, has installed 705,000 solar panels and 45 large wind turbines, each 76m tall.
Last year, Trung Nam and the Electric Power Trading Company under Electricity of Việt Nam (EVN) signed a power purchase agreement from the renewable energy complex at a price of VNĐ2,086 (9.35 cents) per kWh.
Trung Nam also started construction of a 165MW solar power plant in the southern province of Trà Vinh in January.