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Vietnam's TTC to launch three solar projects in first half 2018
by Mai Nguyen
Reuters Translate This Article
19 December 2017
On 19 December 2017 Reuters reported:
Vietnamese conglomerate TTC Corp expects to start construction work on the country's first three solar power projects in the first half of 2018, its chairman said on Tuesday [19 December]. Vietnam has been mostly reliant on coal-fired and hydro power plants to meet demand for electrical energy, which is growing at around 11 percent a year, but wants to boost its renewable energy output. Earlier this year Vietnam's Daklak province granted licences and signed memorandums of understanding for the development of several solar power projects, separate from TTC's, worth a combined $3.3 billion.
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