BCG signing a cooperation agreement with Unisun Energy and Coara Solar

Jul 5th at 14:26
05-07-2017 14:26:20+07:00

BCG signing a cooperation agreement with Unisun Energy and Coara Solar

Bamboo Capital (HOSE: BCG) has signed a Cooperation Agreement with Unisun Energy Group (Hong Kong) and Coara Solar (Germany) regarding the 40 MW solar energy project in Long An Province.

This will be the second solar power plant of BCG in Thanh Hoa District, Long An Province with a total investment of 40 million USD. Being similar to the first 100 MW plant owned by Hanwha – BCG Bang Duong Joint Venture, this 40 MW plant will start construction in Q1/2018 and is expected to generate power in Q2/2019. At the moment, Long An Province has approved the allocation of 175 hectares of land for BCG to start implementing these two projects.

With vast experience in development and construction of renewable energy projects, Coara Solar will be involved as an EPC contractor who provides technology, engineering and installation consultancy; whereas Unisun Energy Group will invest and finance the entire project. Meanwhile, BCG will take care of the paperwork, investment license and negotiate on the Power Purchase Agreement (PPA) with EVN.

Apart from the two solar projects in Long An Province, BCG also plans to launch and implement other solar projects in Quang Nam and Gia Lai Provinces./.





NEWS SAME CATEGORY

HAG expects 1.6 per cent revenue drop in 2017

Agriculture firm Hoang Anh Gia Lai (HAGL) has predicted VND6.33 trillion (US$281.5 million) in total revenue and VND552 billion in pre-tax profit in 2017, the...

Vinamilk tops most valuable firms list

Forbes Viet Nam on Monday announced the Viet Nam Dairy Products Joint Stock Company (Vinamilk) topped the 40 most valuable companies in the country with a value of...

Masan Consumer to issue 5 million ESOP shares

Masan Consumer Corporation will issue nearly five million shares to its staff under the Employee Stock Ownership Plan (ESOP) programme in July, the company has...

CTD to expand foreign ownership

Coteccons Construction Corporation (Coteccons) (CTD) plans to raise its foreign ownership ratio cap from 49 per cent to 60 per cent, CTD leaders announced during...

ACV plans 25 per cent revenue increase

The Airports Corporation of Viet Nam (ACV) plans a 25 per cent year-on-year increase in revenue to VND13.3 trillion (US$583.6 million) this year.

TCD adds new line of business, expands board of directors

The Transport and Industry Development Investment Joint Stock Company (Tracodi) decided at an extraordinary general meeting on June 28 to add advertising services...

DBC plans to sell 55% capital in Dabaco Food

Viet Nam’s Dabaco Group (DBC) will transfer a part of its chartered capital in Dabaco Foodstuffs Processing Company Limited (Dabaco Food) to Kido Corporation (KDC)...

BCG Bang Duong Joint Operation signing investment cooperation agreement with Hanwha Group in Long An

BCG Bang Duong and Hanwha signed a joint investment agreement on the implementation of solar power projects.

Vietnam Airlines to fund aicraft buys with new shares

National carrier Vietnam Airlines plans to issue more than 191 million shares to current shareholders to fund the purchase of new airplanes and other business...

CTS moves from Ha Noi to HCM City stock exchange

More than 90.42 million shares of VietinBank Securities Joint Stock Company were listed on June 20 on the Ho Chi Minh Stock Exchange after the company decided to...


MOST READ


Back To Top