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BCG signing a cooperation agreement with Unisun Energy and Coara Solar
Bamboo Capital (HOSE: BCG) has signed a Cooperation Agreement with Unisun Energy Group (Hong Kong) and Coara Solar (Germany) regarding the 40 MW solar energy project in Long An Province.
This will be the second solar power plant of BCG in Thanh Hoa District, Long An Province with a total investment of 40 million USD. Being similar to the first 100 MW plant owned by Hanwha – BCG Bang Duong Joint Venture, this 40 MW plant will start construction in Q1/2018 and is expected to generate power in Q2/2019. At the moment, Long An Province has approved the allocation of 175 hectares of land for BCG to start implementing these two projects.
With vast experience in development and construction of renewable energy projects, Coara Solar will be involved as an EPC contractor who provides technology, engineering and installation consultancy; whereas Unisun Energy Group will invest and finance the entire project. Meanwhile, BCG will take care of the paperwork, investment license and negotiate on the Power Purchase Agreement (PPA) with EVN.
Apart from the two solar projects in Long An Province, BCG also plans to launch and implement other solar projects in Quang Nam and Gia Lai Provinces./.
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