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Thai industrial group powers up 2 huge Vietnam solar farms

Region's biggest facilities mark $677m investment for B. Grimm

The Phu Yen solar farm in central Vietnam's Phu Yen Province has a capacity of 257 megawatts. (Photo courtesy of B.Grimm)

BANGKOK -- B. Grimm Group, Thailand's oldest industrial group, has won a race against time to begin operating two of Southeast Asia's largest solar farms, both located in Vietnam.

The two plants came online last month and will raise the share of solar in B. Grimm's energy portfolio to nearly 30%. That takes the company a step closer to its goal of more than doubling its power generating capacity to 5,000 MW by 2021 -- though new worries are emerging about its home market.

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