Daklak attracts $3.3 billion investment in solar projects

Vietnam’s Daklak province has granted licences and signed MoUs for the development of solar projects worth $3.3 billion. Some of the key investors for the projects are US-based AES Corporation investing $750 million in a solar project with an expected capacity of 300-500 MW, Vietnamese private firm Xuan Thien Daklak investing $2.2 billion in a 2,000 MW solar project, South Korea-based Solar Park Global investing $45 million in a solar power project and Vietnamese Long Thanh Infrastructure Development and Investment Company investing $308 million in a 250 MW solar project.