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Foreign investors increase acquisitions of renewable energy projects in Vietnam 12:02 | 10/05/2021
Foreign investors are increasing investments in renewable energy projects in Vietnam
Chinese investors are increasing their ownership in numerous renewable energy projects in Central Vietnam, the Central Highlands region, and Southwest Vietnam.
Notably, in Dak Nong province, the joint venture between Hung Bac Energy Investment JSC and The North Investment Construction and Development JSC are developing three wind farms with a total capacity of 300MW and the total investment capital of VND10.5 trillion ($456.5 million). 80 per cent of the investment capital would come from loans.
According to newswire
Theleader.vn, Sungrow Power (Vietnam) Co., Ltd. holds a 70 per cent stake in the joint venture.