Mr Davila said Univergy Solar expects to receive support from the Vietnam government and local authorities to facilitate the project implementation process.

Nguyen Dinh Xung, chair of Thanh Hoa provincial People’s Committee, pledged to create the best possible conditions for the joint venture and other investors seeking opportunities and carrying out investment projects in the localities.

Univergy Solar is the world leading business in renewal, solar and wind energy, low capacity generator and geothermal energy in Japan and it has developed more than 1,200MW solar and wind power globally.