On July 6, Mr. Nguyen Ba Ut - Director of Lam Dong Department of Industry and Trade - said that the Provincial People's Committee has issued two decisions approving the investment policy, and at the same time approving the investor for the Ea Po 1 Solar Power Plant Project and the Dong Nai 2 Hydropower Lake Floating Solar Power Plant Project.
According to the Department of Industry and Trade, these are large-scale renewable energy projects, in accordance with the adjusted Power Plan VIII, contributing to supplementing clean electricity sources and promoting socio-economic development of the locality.
According to the decision of the Provincial People's Committee, the Floating Solar Power Plant Project on Dong Nai 2 Hydropower Lake is invested by Trung Nam Hydropower Joint Stock Company, with a total capital of more than 4,916 billion VND.
This project has a designed capacity of 240 MW, with an expected electricity output of about 464.19 million kWh/year.
The project is implemented on about 354.8 hectares of water surface of Dong Nai 2 hydropower reservoir, taking advantage of existing water surfaces to develop solar power, limit land use and effectively exploit transmission infrastructure.
Meanwhile, the Ea Po 1 solar power plant project has a total investment of 790 billion VND, a capacity of 40 MW, built in Con Dau village, Dak Wil commune.
The project is invested in a power storage system (BESS) with a capacity of 4 MW, capacity of 8 MWh, expected to generate about 76.5 million kWh of electricity in the first year of operation.
When completed, the two projects will add about 280 MW of capacity and more than 540 million kWh of electricity per year to the national power system.
Mr. Nguyen Ba Ut said that the projects not only increase electricity supply but also create jobs, increase budget revenue, and promote the development of construction, mechanical engineering, transportation, materials and technical services.
Energy development is not only aimed at ensuring electricity supply but also creating a foundation to attract industrial investment, expand production and promote economic restructuring towards green and modern," Mr. Ut said.
According to the Department of Industry and Trade, the above two projects are the first projects approved under the adjusted Power Plan VIII in the province.
Currently, Lam Dong still has 30 power source projects that have not selected investors.
In addition to 2 projects that have been approved for investment policy, the province has completed investor selection for 2 other projects; 14 projects are being appraised and 12 projects continue to review and complete planning.
In parallel with power source development, Lam Dong is accelerating investment in 500 kV, 220 kV and 110 kV power grid projects to ensure transmission capacity and unload capacity of renewable energy projects.
According to Mr. Nguyen Ba Ut, the synchronous development of electricity sources and grids will help avoid the situation of "having sources but lacking grids", improve investment efficiency and power supply capacity for production.
With nearly 15,000 MW of power source planned for development to 2035, Lam Dong is gradually forming an energy center of the region, while contributing to the goal of reducing greenhouse gas emissions and net emissions to "0" by 2050.
