Thai investors jump into renewable energy sector in VietnamIn addition to the retail, beer manufacturing, and plastic sector, Thai investors have increased their investment in the renewable energy sector, with the aim to diversify their operations in Vietnam. At the same time, TTVN Group completed the sale of 80 per cent stake in the Binh Nguyen solar power project in Quang Ngai to Sermsamg International Co., Ltd. for $17.6 million. Vietnam currently has a wind power capacity of 140MW, with a goal to reach 6,000MW by 2030, according to government data. These deals are some of the most recent outstanding transactions conducted by Thai investors in the renewable energy sector. Regarding the wind farm sector, in February, Thailand’s largest solar energy company Superblock Pcl.

Source: VietNamNet News August 30, 2018 06:11 UTC