ADB and Vietnam's Phu Yen sign first green loan for 257MW solar farm

This project is the largest single operating solar power plant in Vietnam and one of the largest in South-East Asia. It will help to reduce 123,000 tons of carbon dioxide annually. - The Vietnam News/Asian News Network

HANOI, Oct 13 (Vietnam News/ANN): This project is the largest single operating solar power plant in Vietnam and one of the largest in South-East Asia. It will help to reduce 123,000 tons of carbon dioxide annually. ADB

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) on Friday signed a US$186 million loan to develop and operate a 257MW solar power plant in the southern province of Phu Yen’s Hoa Hoi commune, through the country’s first certified green loan.