With highly favourable natural conditions, the south-central coastal province of Ninh Thuan is preparing a plan to become a renewable energy centre in Vietnam and to develop the sector into a pillar of the local economy.
Representatives of PNE Group of Germany and the People’s Committee of central Binh Dinh province sat down in a working session on December 15 to discuss an offshore wind power project in the locality.
Hacom Bac Lieu Energy JSC on October 11 started construction on the first phase of Hoa Binh 5 wind power plant on an area of 28 hectares in Vinh Thinh commune, Hoa Binh district, the Mekong Delta province of Bac Lieu.
Work on construction of the Dong Hai 1 wind power plant, second phase, began in Long Dien Dong commune, Dong Hai district of the Mekong Delta province of Bac Lieu on October 10.
Rooftop solar power developed in the southern region accounts for 60 percent of the total capacity of power from the resource of the Vietnam Electricity (EVN), the firm has reported.
The Kosy Group, which operates in the field of urban development and renewable energy, on October 3 kicked off the first-phase construction of a 8-trillion-VND (345.15 million USD) wind farm in the Mekong Delta province of Bac Lieu.
Prime Minister Nguyen Xuan Phuc on September 30 received Greg Hands, Minister of State for Trade Policy in the Department for International Trade of the UK and President of Enterprize Energy Group Ian Raymond Hatton, who are on a visit to Vietnam to promote an offshore wind power project in the central province of Binh Thuan.
Vietnam is capable of generating 10 GW of electricity by offshore wind farms by 2030, suggested studies carried out by the Danish Energy Agency (DEA) and the World Bank (WB).
The construction of the B&T wind farm cluster, the biggest foreign-funded renewable energy project in inland Vietnam, began in the central province of Quang Binh on September 20.
National electricity demand is expected to increase by 8.5 percent a year until 2025 and 7 percent until 2030, making Vietnam an attractive market for foreign energy investors.
Construction of the V1-2 wind power plant - a joint venture between the Truong Thanh Vietnam Group and the Thai-based Sermsang Power Corporation Public Company Limited - kicked off in the Mekong Delta province of Tra Vinh on August 14.
Thailand’s Banpu and its power business arm Banpu Power (BPP) have joined forces to acquire El Wind Mui Dinh, an onshore wind farm in the south-central province of Ninh Thuan, in a deal worth 66 million USD.
Denmark’s Copenhagen Infrastructure Partners (CIP) along with Asiapetro and Novasia Energy signed a memorandum of understanding with the Binh Thuan Provincial People’s Committee on July 22 to develop the 3.5GW La Gan wind power project off the coast of the south-central province – one of the first large-scale projects of its kind in Vietnam.
In the wake of Vietnam’s first ever National Energy Summit in July 2020, Swedish ambassador Ann Måwe reflects over Sweden’s journey, and areas where the two countries can cooperate in the development of renewable energy.