TTC Group opens second solar power plant
The TTC Group and Gia Lai Electricity JSC (GEC), a member of the TTC Group, on December 1 opened the TTC Krong Pa solar power plant in Krong Pa District in Gia Lai Province, the second plant, and the largest, in the country.
Built on 70.2 ha of hilly land in Chu Gu Commune, and located next to Highway 25, and about 131 km from Pleiku City, the solar power plant has a capacity of 49 MW and total investment capital of over US$60 million.
After nine months of construction, the solar power plant was put into operation on November 4, supplying the national electricity system with a capacity of 103 million kWh per year to meet demand for about 47,000 families, reducing CO2 emissions by about 29,000 tonnes per year.
About 209,100 solar panels, installed with advanced technology and equipment, will absorb the sun’s radiation and convert it into electricity for the national grid.
Speaking at the event, TTC Group Chairman Dang Van Thanh, said : “Currently, Viet Nam is a developing country with a population of nearly 100 million people, with an increasing urbanisation rate, improved economic conditions and better living standards. Energy demand continues to rise. This presents a significant challenge in the development of the energy sector.”
Together with the development of traditional renewable energy in which the TTC Group has advantages, such as hydro-power and biomass power, TTC Energy has been preparing for and implementing solar power projects in areas with high radiation sources in an aim to gradually increase capacity to about 1,000 MW by 2020, as targeted.
In October, the TTC Group and GEC also opened the 35 MW Phong Dien solar power plant in Thua Thien-Hue Province, the first solar power plant in Viet Nam.
From now until mid-2019, four solar power plants owned by TTC and its affiliated companies will be put into operation, he said.
At the ceremony, TTC Group and GEC funded VND500 million to build 10 houses for disadvantaged families in Krong Pa District.