Sharp to build giant solar plant in Vietnam as country pledges to adopt clean energy

By Vi Vu  &nbspFebruary 27, 2018 | 05:51 pm GMT+7 Vietnam plans to increase solar power supply to 3.3 percent of the country’s total output by 2030, from the current 0.01 percent. Photo by Reuters The plant is expected to start operations in September and generate enough power for over 32,600 households. Asian electronics giant Sharp has signed an agreement to build a huge solar power plant in central Vietnam, a move that could tap the country’s largely unused renewable energy resources. Sharp Corporation and Vietnam’s Gia Lai Electricity JSC agreed last Friday to build a 48MW plant in Thua Thien Hue Province on Vietnam’s central coast, Japanese JCN Newswire said. The plant is expected to start operations in September 2018, generating enough power for 32,628 average households in Vietnam, or around 0.1 percent of its population, said ICON, a news website run by the state-owned Electricity of Vietnam. The supply will help reduce CO2 emissions by around 20,500 tons a year compared to coal-fired power plants, which play a key role in Vietnam’s energy chain, the report said. Sharp is a multinational electronics corporation based in Sakai, Japan, and has been an integral part of Taiwan-based Foxconn Group since 2016. The agreement comes at a time when the country is calling for investment in solar power after plans to build two nuclear power plants with Russia and Japan were scrapped in November 2016 due to high costs. Solar power currently accounts for 0.01 percent of the country’s total power… [Read full story]

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