Dau Tieng 5.1 and Dau Tieng 5.2 solar power plants are expected to start construction in Q2, with an investment of VND3.56 trillion ($157 million).
With a capacity of 225 MW each, the two power plants will cover 332.5 hectares at Dau Tieng Lake in the southern province of Tay Ninh. Construction is expected to complete in April, 2023.
The operational time of both projects is 50 years.
Their investor, Xuan Cau Holdings, had constructed three other solar power plants around Dau Tieng Lake with a total operating capacity of 500 MW.
Tay Ninh now has about 10 operational solar power projects with a total design capacity of 808 MW.
According to state-owned Vietnam Electricity (EVN), as of 2021, Vietnam was among the top 10 countries with the highest solar power capacity at 16,504 MW, accounting for 2.3 percent worldwide.