The US-based First Solar Group began construction of a solar cell plant in Ho Chi Minh City at a cost of US$1 billion on March 22.
|HCMC authorities and First Solar executives at the ground breaking ceremony (Photo: SGGP)|
The plant will cover an area of 44.2 hectares in the South-East Industrial Zone in Cu Chi District and will produce thin-film solar power panels.
In the first phase, the plant is expected to begin commercial production by June 2012 at a cost of US$300 million and will include four lines, each with a capacity of 59.6 MW.
Once operational, the plant will create jobs for 600 skilled workers.
In the second phase, scheduled to start by 2014, the plant’s capacity will be raised four times.
Speaking at the ground-breaking ceremony, Le Hoang Quan, chairman of the HCMC People’s Committee, said for a city like HCMC that has shown rapid growth in urbanization and economic development, the demand for energy and power is vital for the city’s development.