Thai company buys two more solar plants in Vietnam

Source: VNA

15:50 | 26/01/2022 Import-Export Follow english.haiquanonline.com.vn on

Thai energy company Banpu PCL has agreed to acquire the companies holding a 50-MW portfolio of two solar parks in Vietnam in a deal worth 26.7 million USD, according to the company.

Thai company buys two more solar plants in Vietnam hinh anh 1

Solar panels - Illustrative image (Photo: VNA)

Thai energy company Banpu PCL has agreed to acquire the companies holding a 50-MW portfolio of two solar parks in Vietnam in a deal worth 26.7 million USD, according to the company.

The two are the 15-MW Chu Ngoc solar park in the Central Highlands province of Gia Lai and the 35-MW Nhon Hai photovoltaic (PV) farm in the central province of Ninh Thuan.

Both plants receive feed-in tariffs (FiTs) of 0.0935 USD/kWh and have in place 20-year power purchase agreements with the Vietnam Electricity (EVN). The smaller one became operational in June 2019, while the bigger has been generating electricity since July 2020.

According to the agreement, the assets will be purchased by BRE Singapore Pte Ltd, a subsidiary of Banpu Next Co Ltd.

The transaction is subject to certain adjustments and customary approvals, and is due to be completed in the second quarter of the year.

The deal comes on the heels of Banpu's agreement from December last year to buy the 50-MW Ha Tinh solar farm in Vietnam's Ha Tinh province for 23.9 million USD. The Bangkok-based company then said the acquisition will be finalised in the first quarter of 2022./.

Source: VNA

en.vietnamplus.vn

Tags:

Related News

Vietnamese passion fruit gets “great opportunities” to Australia

09:35 | 16/11/2024 Import-Export

VCN - Vietnamese passion fruit having been exported to twenty countries, in many forms such as fresh fruit, frozen fruit, juice, recently Vietnamese passion fruit continues to be licensed to export to the Australian market. Thus, after mango, longan, lychee, dragon fruit, passion fruit is the 5th product of Vietnam licensed to export to the Australian market.

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

19:38 | 16/11/2024 Import-Export

VCN- The import-export turnover between Vietnam and China is predicted to hit a new record of US$ 200 billion.

Vietnam and UAE trade sees billion-dollar growth

07:15 | 03/11/2024 Import-Export

VCN - According to General Department of Vietnam Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) reached nearly US$5 billion, an increase of more than US$1.4 billion over the same period last year.

Vietnam's daily import expenditure surpasses VND25,000 billion

09:30 | 31/10/2024 Import-Export

VCN - From the beginning of the year to mid-October, on average, Vietnam spent more than USUS$1 billion (equivalent to more than VND25,000 billion) each day importing goods.

Latest News

Bac Ninh, East Kazakhstan boost cooperation

19:56 | 17/11/2024 Import-Export

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.

Vietnam sees opportunities to attract investments in electronics support industries

15:28 | 17/11/2024 Import-Export

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.

Businesses welcome the "golden" tuna export opportunity to the UAE

09:18 | 17/11/2024 Import-Export

VCN- Tuna products imported into the United Arab Emirates (UAE) are currently subject to a 5% tax rate. Therefore, businesses expect this market to expand further when the FTA between Vietnam and the UAE takes effect and reduces the import tax on seafood to 0%.

Electronics industry overcomes challenges to penetrate deep into global supply chain

19:38 | 16/11/2024 Import-Export

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vietnam Electronics Industry Association (VEIA), shared about the future directions for this potential industry.

More News

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

19:34 | 16/11/2024 Import-Export

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.

Advantages of Vietnam’s exports to Indonesia

09:35 | 16/11/2024 Import-Export

VCN – By taking advantage of the potential and opportunities from the RCEP and ATIGA agreements, there are numerous opportunities for Vietnamese goods to be exported to the Indonesia market, especially agricultural and aquatic products.

Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

13:50 | 15/11/2024 Import-Export

Vietnam's exports of rattan, bamboo, sedge and carpet products totalled 50.43 million USD in September, a 4.5% decrease compared to last year, according to the General Department of Customs.

Vietnam to set new record in rice exports in 2024

13:46 | 15/11/2024 Import-Export

Despite challenges in the global rice market, Vietnam's is still on a right track to a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders.

Reducing logistics costs: A solution for competitiveness and attracting import-export goods

10:56 | 15/11/2024 Import-Export

VCN - With high costs, a lack of large-scale logistics centers, and fragmented infrastructure, the logistics industry still faces many challenges on its path to becoming a backbone of the economy.

Agricultural exports require business flexibility

10:54 | 15/11/2024 Import-Export

VCN - In the context of the global economy having many fluctuations, agricultural exports, especially fruits to China, are becoming the driving force helping Vietnam achieve impressive export results. Mr. Tran Thanh Hai (photo), Deputy Director of the Import-Export Department (Ministry of Industry and Trade) shared the export situation in the past time and prospects in the last months of the year.

Several localities achieve record-breaking import-export growth

14:41 | 14/11/2024 Import-Export

During the first ten months of 2024, Ho Chi Minh City maintained its leading economic position, contributing the largest share of Vietnam’s total import-export turnover, reaching nearly 88 billion USD, up by 7.3 billion USD year-on-year.

Textile, garment exports projected to hit 44 billion USD this year

14:39 | 14/11/2024 Import-Export

Textile and garment exports are likely to hit 44 billion USD this year, said Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang.

“New path” for small and micro enterprises to access capital

10:04 | 14/11/2024 Import-Export

VCN - Small and micro enterprises and business households are often classified as high-risk, so banks are not interested in granting credit. Therefore, improving efficiency and promoting the application of technology for financial inclusion is the way for these enterprises to access capital.