ttc

Development Bank leads US$37.8 million loan to Vietnamese firm TTC Energy for 50MW solar PV plant in Vietnam.

A 48MW PV project in Vietnam, serving as a joint construction project between Sharp Energy Solutions Corporation, the Thanh Thanh Cong Group and the Gia Lai Electricity Joint Stock Company, began commercial operation in the final week of September.

Thai power firm Gulf Energy Development plans to build a 48MW solar project in Vietnam in partnership with conglomerate Thanh Thanh Cong Group (TTC Group), according to a filing on the Stock Exchange of Thailand.

Last month, TTC Group contracted another Japanese multinational, Sharp Corporation, to build a similar size plant in Thua Thien Hue Province.

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Ho Chi Minh City-based conglomerate TTC Corp plans to start constructing three solar projects, totalling 150MW of capacity, in Vietnam in the first half of next year.

Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.