ADB inks deal to finance first large-scale floating solar power plant in Vietnam
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The Asian Development Bank (ADB) on October 2 signed a 37 million USD loan agreement with Da Nhim – Ham Thuan – Da Mi Hydro Power Joint Stock Company (DHD) to finance the installation of a 47.5 MWp floating photovoltaic (PV) solar power facility on the man-made reservoir of DHD’s existing 175 MW Da Mi hydropower plant. The project marks the first large-scale installation of floating solar PV panels in Vietnam and the largest installation in Southeast Asia.