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SHS to co-develop a 300MW solar farm in Vietnam

PC Lee Published on Wed, Apr 05, 2017 / 9:07 PM GMT+8

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SINGAPORE (April 5): SHS Holdings is jointly developing a solar farm in Vietnam to build up its track record in solar energy engineering, one of its key growth engines.

On Wednesday, wholly-owned subsidiary Sinenergy Holdings signed a memorandum of understanding (MOU) with the provincial government of Ninh Thuan province to develop a 300MW solar farm on agricultural land.

SHS says the proposed investment is subject to a detailed feasibility study to be conducted; the subsequent issue of an investment licence from Ministry of Planning and Investment of Vietnam, and the conclusion of a solar power policy and legislation to be ratified by the Vietnamese government expected later this year.