After commissioning the largest solar farm in Southeast Asia last month Vietnam is to kick its use of renewable energy to a higher level with the largest installation of floating solar photovoltaic (PV) panels in the region.
A $37 million loan agreement signed October 2 between the Asian Development Bank (ADB) and Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD), a subsidiary of Viet Nam Electricity (EVN) Power Generation Corporation 1, will see the first large-scale installation of floating solar PV panels in Viet Nam take place at DHD’s existing Da Mi hydropower plant in Binh Thuan province, on Vietnam’s southeastern coast.