German investor plans green energy projects in Vietnam

German-owned energy company Terra Wood Vietnam is reportedly seeking permission to develop two power plants at US$400 million in the central province of Quang Ngai.

The company started surveying the locations for the plants, one wind and one solar, which will cover a total of 600 hectares and have an output of 150 megawatts each on Wednesday, according to news website Dau Tu.

In comments on the projects, Tran Ngoc Cang, chairman of the People's Committee of Quang Ngai, was quoted as saying that the province will facilitate the survey.