Wind energy in Vietnam is on the cusp of growth, as projects are rushing to complete ahead of the expiry of the Feed-in Tariff (“FiT”) on 1 November 2021. But COVID-19 has caused significant delays for wind project construction, due to supply chain bottlenecks, limited worker mobility and other issues. Due to COVID-19 impacts, 4,000MW … Continue reading USD 6.7 billion in wind power investment in Vietnam at risk without COVID-19 relief
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Ørsted and T&T sign MoU on strategic collaboration for offshore wind projects in Vietnam
The collaboration between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshore wind projects located off the coasts of the Binh Thuan and Ninh Thuan provinces. Mrs. Nguyen Thi Thanh Binh, Deputy General Director of T&T Group and Mr. Martin Neubert, COO & Deputy Group CEO of Ørsted, signed the Memorandum of Understanding … Continue reading Ørsted and T&T sign MoU on strategic collaboration for offshore wind projects in Vietnam
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Three more wind power plants with 48.8MW began commercial operation in Vietnam
Three more wind power plants with a combined capacity of 48.8MW began commercial operation in August, according to the Vietnam Electricity (EVN). Specifically, they are the second phase of Hoa Binh Wind Power Plant with a capacity of 15.2MW, Ninh Thuan Wind Power Plant No.5 (21MW), and 7A Wind Power Plant (12.6MW). As of the … Continue reading Three more wind power plants with 48.8MW began commercial operation in Vietnam
Continue readingVietnam aims for 21GW of offshore wind power by 2045
Vietnam has set a goal of reaching 30 gigawatts (GW) to 50GW of offshore wind power generating capacity by 2030 and 21GW by 2045. It will establish an offshore wind power purchase mechanism to stimulate the market in a bid to overcome a lack of regulation and technical standards for the production, installation, operation, and … Continue reading Vietnam aims for 21GW of offshore wind power by 2045
Continue readingVietnam targets 21,000 MW of offshore wind power by 2045
Vietnam is striving to produce about 3,000 – 5,000 MW of offshore wind power by 2030 and 21,000 MW by 2045. Addressing a webinar on August 18, Chairman of the Vietnam Union of Science and Technology Associations (VUSTA) Phan Xuan Dung said the country will benefit from the development of offshore wind power, whose cost … Continue reading Vietnam targets 21,000 MW of offshore wind power by 2045
Continue readingOver 100 wind power plants register to supply electricity to Vietnam
A total of 106 wind power plants nationwide with a combined capacity of more than 5,655 MW have registered to conduct commercial operations and join the national grid, according to Vietnam Electricity (EVN). Based on the Ministry of Industry and Trade’s circular on regulations on the development of wind power projects, If the plants want … Continue reading Over 100 wind power plants register to supply electricity to Vietnam
Continue readingIberdrola ramps up investment in Asia Pacific renewables, acquiring Sowitec Vietnam’s 550 MW green pipeline
The Vietnamese company owns six renewable projects under development: five onshore wind farms and one floating photovoltaic project Vietnam plans to install more than 20,000 MW of renewable energy by 2030 Iberdrola already has growth strategies in markets such as Australia, Japan and Korea Iberdrola is continuing its growth in Asian Pacific renewable energy markets, … Continue reading Iberdrola ramps up investment in Asia Pacific renewables, acquiring Sowitec Vietnam’s 550 MW green pipeline
Continue readingOffshore wind power in Vietnam at a crossroads
A new report by the Global Wind Energy Council, in cooperation with The Renewables Consulting Group, finds that Vietnam is facing a crucial crossroads in its energy system planning, and has the opportunity to act now to accelerate deployment of offshore wind in this decade. The first large-scale offshore wind projects are not likely to … Continue reading Offshore wind power in Vietnam at a crossroads
Continue readingBac Lieu prioritises wind energy
The Mekong Delta province of Bac Lieu has chosen renewable energy as one of its top priorities, aiming to restructure the economy towards green growth and sustainable development. To capitalise on its potential and strengths, the province has taken the initiative in proposing that the Government leave the Cai Cung coal-fired power plant complex out … Continue reading Bac Lieu prioritises wind energy
Continue readingEDPR enters Vietnam with a 28 MWac Solar PV project
The company has reached an agreement with Trina Solar to acquire the Solar PV project for a total consideration of $36m. The entry in Vietnam is within the context of EDPR Business plan 2021-25 and represents a first step towards the establishment of EDPR’s presence in Asia. EDP Renewables (Euronext: EDPR), the fourth largest renewable … Continue reading EDPR enters Vietnam with a 28 MWac Solar PV project
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Mitsubishi to invest in 600 MW wind power project in Laos
Mitsubishi Corp. is planning to cooperate with Thailand’s renewable-energy developers to develop a massive onshore wind farm in Laos that will supply electricity to Vietnam, Nikkei Asia reported on June 17. The facility will have power generation capacity of 600 megawatts, making it one of the largest onshore wind farms in Southeast Asia.Total investment for … Continue reading Mitsubishi to invest in 600 MW wind power project in Laos
Continue readingLaos to sell Vietnam its wind power
Japanese trading conglomerate Mitsubishi Corp. will develop a massive onshore wind farm in Laos that will supply electricity to Vietnam. The facility will have power generation capacity of 600 megawatts, making it one of the largest onshore wind farms in Southeast Asia. The price tag is expected to run in the hundreds of millions of dollars. … Continue reading Laos to sell Vietnam its wind power
Continue readingVietnam Boosts Wind Power in Soc Trang Province
This information was released during a working meeting between the secretary of the Communist Party Committee in Soc Trang, Lam Van Man, and the managers and workers who work on these projects. In his words, Van Man urged to accelerate the pace of work to connect clean energy sources to the national electricity grid.At the … Continue reading Vietnam Boosts Wind Power in Soc Trang Province
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GE Renewable Energy wins one of the Largest Onshore Wind Contracts in South-east Asia
Contract signed with BIM Wind JSC, a joint venture company between Philippines AC Energy and Vietnam BIM Energy Holding for an 88 MW wind farm Selection of the GE Cypress turbine, GE’s largest onshore wind turbine Wind farm expected to be commissioned by the end of third quarter of 2021 Order includes a 15-year full-service … Continue reading GE Renewable Energy wins one of the Largest Onshore Wind Contracts in South-east Asia
Continue readingADB signs $116m green loan to develop 144 MW wind power in Vietnam
The loan forms part of a $173 million green loan project financing package arranged and syndicated by ADB as mandated lead arranger and bookrunner. The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and … Continue reading ADB signs $116m green loan to develop 144 MW wind power in Vietnam
Continue readingVietnam wind power sector attractive to investors
With an increasing demand for electricity in Vietnam, the wind power construction sector has flourished, with local and foreign firms getting in on the action. A top executive at Coteccons, one of the biggest realty firms in the country, told media the firm may invest in wind power construction due to the opportunities on offer. … Continue reading Vietnam wind power sector attractive to investors
Continue readingVietnam’s largest wind power plant goes into operation
Trung Nam, Vietnam’s largest wind farm, officially came into operation in Loi Hai and Bac Phong Communes, Thuan Bac District of South-Central Ninh Thuan Province. This Trungnam group project, combined with a 204 megawatt (MW) solar power plant, forms a unique complex of solar and wind energy farms in the nation and in Southeast Asia. … Continue reading Vietnam’s largest wind power plant goes into operation
Continue readingVietnam plans to double wind power generation by 2030
A power development plan published by Vietnam’s Ministry of Industry and Trade (MOIT) foresees a doubling of wind energy production by 2030 and a tripling of renewable energy production between 2030 and 2045. The national power development plan VIII (PDPVIII) contains plans to increase wind energy production from 600MW in 2020 to over 11 gigawatts … Continue reading Vietnam plans to double wind power generation by 2030
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GE Renewable Energy secures a second wind farm project in Binh Thuan province, Vietnam
Wind farm includes supply and installation of eight units of its 3.8 MW-137 wind turbines.Thuan Nhien Phong (TNP) is GE’s second wind farm contract in Binh Thuan Province, Vietnam.The 30 MW wind farm can power the equivalent of 45,000 households in Vietnam. GE Renewable Energy announced that it has been awarded a contract by Vietnam … Continue reading GE Renewable Energy secures a second wind farm project in Binh Thuan province, Vietnam
Continue readingExperts suggest raising proportion of offshore wind power in Vietnam
Vietnam needs to increase the proportion of wind power, especially offshore wind power, in the total power capacity targeted in the National Power Development Plan for 2021-2030 with a vision to 2045 (Power Development Plan VIII), so as to attract more foreign investors in the field, according to businesses and experts. Vietnam needs to increase … Continue reading Experts suggest raising proportion of offshore wind power in Vietnam
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