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Mainstream to buy stake in 405MW of solar in Vietnam
Out-Law News | 01 Jul 2021 | 1:40 am |
1 min. read
Wind and solar company Mainstream Renewable Power has acquired an 80% stake in Vietnam’s Technology and Development Joint Stock Company (D&T), which has three solar projects with a combined 405 megawatts (MW) of generating capacity in Dak Nong province, central Vietnam.
The three projects are listed in the Vietnam government’s power development plan VII (PDPVII) which has been in development since 2019 and will be reaching financial close in 2022.
Mainstream has signed a deal with Vietnam’s government to share offshore wind development knowledge for the purposes of “capacity building”, according to a statement.

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