en.Wedoany.com Reported - Gia Lai Province in Vietnam has recently attracted significant investment in renewable energy, with nine new wind and solar power projects approved, involving a total investment of approximately 11.35 trillion Vietnamese dong (equivalent to about $430 million). This highlights the province's crucial role in Vietnam's clean energy transition.
These renewable energy projects are located in the western part of Gia Lai Province. Construction is expected to commence as early as September this year, with the goal of commencing commercial operations by December next year. This reflects investors' positive outlook on Vietnam's efforts to expand its clean energy production capacity.
A consortium of investors, including EMI, Nhan Hoa 1 Wind Power, and Nhan Hoa 2 Energy, will lead five projects with an investment exceeding $250 million. These include three solar power plants and two wind farms located in Ia Le and Chu Puh communes.
Additionally, Tay Nguyen Electricity Development Joint Stock Company is responsible for developing the Ia Ko 1 and Ia Ko 2 wind farms, adding 84 MW of generation capacity. Other projects, such as the An Thanh Gia Lai wind farm and the Ia Rsuom – Bitexco – ToNa solar power plant, will also enhance the province's renewable energy portfolio.
Gia Lai Province, with its abundant wind resources and solar radiation, has become a hotspot for renewable energy investment, attracting attention from companies like VinEnergo Energy Joint Stock Company, with potential investments exceeding $2 billion. These projects will support Vietnam in reducing its dependence on fossil fuels, provide clean electricity, and promote local economic development.
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