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Power take a look at renewable power investment in Binh Thuan

( On morning August 03, Vice Chairman of Binh Thuan provincial People’s Committee (PPC) Lương Văn Hải worked with FECON Joint Stock Company and ACWA Power (Saudi Arabia) on looking for renewable power investment in Binh Thuan.

At the meeting, Mr. Andrea Lovato, Senior Director on business development of ACWA Power released that the FECON Joint Stock has planted to invest three projects on renewable power in Binh Thuan with its capacity around 50 MWp. He hoped each project will contribute to speed up the orient plan of clean energy for Binh Thuan. Mr. Andrea Lovato wished the PPC create favorable conditions for them on process, registration procedure in order to implement the projects in a soonest time.

Vice Chairman Hải thanked the FECON and ACWA Power for their interested in renewable power in Binh Thuan. Hải say that the Binh Thuan PPC will do the best to foster progress of project procedures concerned; simultaneously, pay attention to report quickly the authorities of the province if arise from any difficulties and problems during the process of procedures. He also hoped the project of ACWA Power will be implemented and extend more investments at the province as well as its orient of the Group.

As known that ACWA Power is a company that develops, invests, co-owner operates and portfolio of power plants on twelve continents in Middle East, North Africa, South Africa and Asia. The ACWA Power’s investment capital is over US$30.5 billion with its power capacity of 21.5 GW. Associating FECON Joint Stock Company, ACWA Power Group will together with research, evaluate the opportunities as well as the potential of renewable power in Vietnam. Especially in wind power and solar power projects in Central Southern provinces such as Binh Thuan, Ninh Thuan…etc.

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Title: Power take a look at renewable power investment in Binh Thuan