ACWA Power looks for renewable energy project investments in Binh Thuan

03/08/2017, 15:37

BTO – On July 8th morning, Standing vice chairman of Binh Thuan provincial People’s committee Luong Van Hai received a working delegation from Fecon JSC and ACWA Power Group (Saudi Arabia) which would like to search investment opportunities in area of renewable energy in Binh Thuan province.

At the reception, Mr. Andrea Lovato – Senior Director of Business Development of ACWA Power Group, confirmed his investment intention to the province. Accordingly, the Fecon JSC and ACWA Power Group would like to invest 3 renewable energy projects, with a capacity of about 50 MWp each. The projects are hoped to impulse the province planning for clean energy development.

Mr. Andrea Lovata expected to get more facilitation and incentives from the local authorities in registration procedures to speed up the project as soon as possible.

Vice chairman Hai thanked to the interest of the two companies in the province’s renewable energy projects, saying that the province would bolster the procedures relating to the projects. And if there are any arising obstacles, the functional authorities will review and tackle the problems in the hope that the ACWA Power would deploy more similar projects in Binh Thuan as offered in the Group’s orientation.

ACWA Power is reported a developer, investor, operator and co-owner of electricity generation plants in 12 countries in the regions of Middle East, North Africa, South Africa and Southeast Asia. The ACWA owns an investment list worth over USD 30.5 billion, with a total capacity of electricity generation of 21.5 GW. The ACWA Power is partnering with FECON JSC to research and assess the opportunities as well as potentialities of Vietnam’s renewable energy projects, with a focus on wind power and solar power in the South Central provinces of Binh Thuan and Ninh Thuan.

My Thien (Source: Binh Thuan.gov.vn)


Related articles

(0) Comments
Focus
The Return of a Legend
BTO-More than ten years since his departure, Xabi Alonso is set to return to the Santiago Bernabéu—this time as the head coach of the Royal Club. A former standout in Real Madrid’s illustrious history, Alonso now has the opportunity to begin a new chapter with "Los Blancos" from the sidelines.
Do not miss
  • Phan Thiết – The 50-Year Journey: From Liberation to a Dynamic, Modern Coastal City
    23 yesterday Business
    April 19, 1975 – April 19, 2025: A proud 50-year milestone since the liberation of Phan Thiết. Half a century may not be long in the grand flow of history, but for Phan Thiết—a land once scarred by war—it marks a powerful transformation....
  • Red Devils Hold Off Blue Tide in Manchester Derby Stalemate
    one month ago Sports
    BTO-On the night of April 6, a classic Manchester derby unfolded at Old Trafford in Matchweek 31 of the Premier League, where Manchester United and Manchester City clashed in a high-stakes encounter. Despite having little left to fight...
  • Nou Camp Nightmare: Dortmund Swept Aside by Ruthless Barca
    one month ago Sports
    BTO-Barcelona put on a dominant display in the UEFA Champions League quarterfinal first leg, thrashing Borussia Dortmund 4-0 in a one-sided encounter at the Nou Camp. The Catalan giants delighted their home crowd with a goal-fest, featuring...
  • Liverpool Bounces Back with Vital Victory Over Everton, Keeping Arsenal at Bay
    one month ago Sports
    BTO-After consecutive failures in the FA Cup, Champions League, and League Cup, the morale of Arne Slot's squad has been declining. Facing pressure following Arsenal's victory in the early match the day before, Liverpool was compelled...
  • The Beauty of Hòn Cau Island
    one month ago LANDSCAPES
    March signals the perfect time for a visit to Hòn Cau Island (Phước Thể, Tuy Phong) as the weather transitions and the golden sunlight bathes the island. Located about 110 km from Phan Thiết, Cù Lao Câu is a pristine, uninhabited island...
  • The Final Goal
    one month ago Sports
    BTO-Manchester City now only has one goal left: winning the FA Cup to salvage what has been a “disastrous” season. As a result, Coach Pep Guardiola and his players have put all their energy into the world’s oldest football tournament....
  • Regaining the Top Spot
    one month ago Sports
    Playing a day before their arch-rivals Barcelona, Real Madrid took full advantage of the opportunity to reclaim the top spot in La Liga with a comfortable 2-1 victory over Villarreal, thanks to a brace from Mbappe.
  • A Hard-Fought Victory
    one month ago Sports
    BTO-On the evening of March 19, the Vietnam national team played their first international match since winning the AFF Cup 2024, hosting Cambodia in a friendly at Gò Đậu Stadium (Bình Dương). Given their superior standing, a victory...
  • Farewell to the "King of Cups"
    2 month ago Sports
    BTO-After suffering a 1-0 home defeat in the first leg of the Champions League Round of 16, the French football powerhouse PSG was under immense pressure to win the return leg away at Liverpool. And they did just that, securing a place...
  • Surrendering the Title
    2 month ago Sports
    BTO- The highlight of Premier League Matchweek 28 was the showdown between Manchester United and Arsenal at Old Trafford. Arsenal desperately needed a victory to keep up with Liverpool, but they could only manage a draw, while the league...
  • Even Djokovic Can’t Defy Time
    2 month ago Sports
    BTO-Novak Djokovic has just suffered a defeat against Botic Van De Zandschulp in the second round of  Indian Wells 2025, marking the first time in seven years that he has lost three consecutive matches. At 37 years old, Djokovic is...
  • Binh Thuan Province to cooperate with Sun Group to unlock its Tourism Strengths
    BTO – On early March, the Standing Committee of the Provincial Party Committee and the People's Committee of Binh Thuan Province held a meeting with Sun Group regarding investment cooperation.
  • The King Has Fallen: Man Utd Crash Out of FA Cup
    2 month ago Sports
    Recently, Manchester United’s FA Cup title defense came to a crushing end as Fulham stunned the Red Devils in a dramatic penalty shootout to secure their place in the quarterfinals. Heading into the fifth-round clash at Old Trafford,...
  • Sunset Slope: Phan Thiet’s Hidden Gem for Breathtaking Views
    2 month ago LANDSCAPES
    BTO – Still in the heat of the first two lunar months, Sunset Slope on Co Mountain has become a renowned sunset-watching spot in Phan Thiet. Located in Phu Hai Ward, this stunning location offers breathtaking views of the mountains...
  • Victory Seals the Throne
    2 month ago Sports
    BTO-After suffering a loss in the first leg at home last week, Manchester City finds itself in a tough spot in its quest for a spot in the Champions League Round of 16 against Real Madrid. This defeat marked their first loss to Madrid...
  • Tough game Alonso!
    2 month ago Sports
    BTO-The Round 22 Bundesliga showdown between Bayer Leverkusen and Bayern Munich was one of the most anticipated of the season. On one side, there were the defending champions, and on the other, the league leaders. Bayern entered the...
  • Back to the Top for Barcelona
    2 month ago Sports
    BTO-Before taking on Rayo Vallecano, Barcelona had the chance to claim the top spot in La Liga after both Real Madrid and Atletico Madrid were held to 1-1 draws in Round 24 (Real drew with Osasuna, Atletico drew with Celta Vigo). The...
  • Bayern Munich's Roar
    2 month ago Sports
    Bayern Munich were strong favorites against Celtic in their Champions League play-off. Despite being the away team, Vincent Kompany's side comfortably won 2-1, securing an advantage for the return leg at Allianz Arena.
  • Binh Thuan: 7 OCOP 4-star products recognized and re-recognized
    2 month ago Business
    BTO – Binh Thuan provincial People's Committee has lately approved the evaluation results and issued certificates for 7 products in the first and second batches of 2024 for OCOP 4-star products.
  • Binh Thuan’s dragon fruit on display at an exhibition in Germany
    3 month ago Business
    BTO- Binh Thuan dragon fruit will be present at the Fruit Logistica Berlin fruit and vegetable exhibition took place in Germany from February 5 to 7, 2025.
POWERED BY ONECMS - A PRODUCT OF NEKO
ACWA Power looks for renewable energy project investments in Binh Thuan