Xuan Thien Group Receives Approval for $816 Million Solar Power Complex in Central Vietnam
October 26, 2026
Dak Lak province has officially approved the Xuan Thien Group's plan to develop a significant solar power complex. This project, valued at VND21.14 trillion ($816 million), will encompass four solar power plants and a battery energy storage system across 1,338 hectares in Ia Rve and Ia Lop communes.
The complex will include three solar plants, each with a capacity of 300 MW, and a fourth plant with a capacity of 100 MW. The investors will contribute around VND6.41 trillion ($247.45 million), while the remaining funds will be sourced from other avenues.
In addition to generating 1,000 MW of electricity, the project will feature a 100 MW battery energy storage system capable of storing 200 megawatt-hours of energy. Construction is expected to take 18 months from the effective date of land allocation and other necessary permits.
Source: The Investor. Read the full article.