The company will supply seven SG 4.5-145 for the first phase of the No. 5 Thanh Hai wind farm project (32 MW), located between 2 km and 5 km off the coast. It will also provide service and maintenance for 10 year. Siemens Gamesa leveraged its offshore wind power leadership to develop a special configuration of its onshore wind turbines adapted to a nearshore environment. Siemens Gamesa is coordinating the discussions with the financing parties, which includes the Danish Export Credit Agency, an international bank and one of Vietnam’s largest banks.
Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply
seven SG 4.5-145 for No. 5 Thanh Hai 1 wind farm, its first nearshore
project in Vietnam located between 2 km and 5 km off the coast.
Additionally, it will provide O&M services for the project for 10
years.
The company has leveraged its offshore wind power
leadership to re-engineer onshore wind turbines, adapting them to the
marine environment and ensuring best-in-class reliability and cost of
energy.
The order marks the debut of this turbine model in the
country and is the first agreement with Tan Hoan Cau JSC, a leading
independent power provider in Vietnam specializing in hydro and wind
power.
Conditionally, Siemens Gamesa will supply seven more SG
4.5-145 for the second phase of the project. The 60 MW No. 5 Thanh Hai 1
& 2 wind farms will be located in Thanh Hai commune, Ben Tre
province.
Commissioning of the No. 5 Thanh Hai 1 wind farm, with
an installed capacity of 32 MW, is expected for mid-2020 and the project
will help to meet the country’s fast-growing energy demand. The
Vietnamese government has established a target of 800 MW of wind power
installations by 2020, a large part of which will be in nearshore
projects.
“As the industry leader in offshore wind, Siemens
Gamesa can leverage our unmatched experience and know-how in the
industry to adapt our onshore turbines to meet this project’s
requirements and optimize project economics for the customer,” stated
Richard Paul Luijendijk, Siemens Gamesa Onshore CEO in APAC. “We are
coordinating the discussions with the financing parties, which includes
at this stage the Danish Export Credit Agency, an international bank and
one of Vietnam’s largest banks. For two years we have been working on a
tailored financing solution to address Tan Hoan Cau JSC’s requirements
and the challenges of the Vietnamese market and offer our customer the
most bankable and competitive debt package available in the market”,
added Richard.
“As a reputable employer in Vietnam, Tan Hoan Cau
is experienced in wind power investment. This first ever cooperation
with Siemens Gamesa across the value chain from turbine supply to
operation and maintenance over 10 years will help optimize project
economics and lay a good foundation for both companies to further
explore the nearshore market in Vietnam and other markets, based on
competitive wind equipment and efficient operations,” stated Nguyen
Trung Thanh, Tan Hoan Cau JSC’s Deputy CEO. “We highly appreciate the
reputation and experience of Siemens Gamesa in the wind market globally
and Vietnam particularly. Thanh Hai 1&2 are just the first step of
our cooperation towards the sustainable renewable energy target for
Vietnam”, added Thanh.
In addition to Vietnam, Siemens Gamesa’s
footprint in Asia Pacific extends to China, Japan, South Korea,
Indonesia, the Philippines, Thailand, Australia and New Zealand, where
it has already installed more than 7.6 GW of onshore turbines. In the
offshore segment, the company has developed strongly in this region
following the signing of orders to supply 1.5 GW in Taiwan and preferred
supplier agreements for an additional 831 MW in Japan and Taiwan.
