The power trading unit of state-owned utility EVN had cut the utilisation rate to 278 megawatts from 450 MW at the Trung Nam - Thuan Nam solar power plant in the province of Ninh Thuan, the government said in a news release.
"We cannot utilise the portion of installed capacity for which a feed-in tariff hasn't been approved by authorities," EVN deputy chief executive Nguyen Anh Tai said in the government's news release. Resuming full utilisation would help the investor cover its investment cost and"avoid bankruptcy", according to the letter reviewed by Reuters.
Carbon neutral is a gimmick!
Because they know it's not sustainable.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Soya_Cincau - 🏆 16. / 55 Read more »