Home / New & Media / Industry News / German firm hopes to build $1.5 bln offshore wind farm in central Vietnam
28/10/2020
German firm hopes to build $1.5 bln offshore wind farm in central Vietnam
Wind turbines in the province of Bac Lieu, southern Vietnam. Photo by VnExpress/Nguyet Nhi.

 

Binh Dinh Province has given approval to a German company to study the possibility of building the country’s second offshore wind power plant.

PNG AG will carry out a year-long study for a $1.5-billion wind power plant in the districts of Phu Cat and Phu My.

The company, which has over 20 years of experience in renewable energy, had earlier proposed building a 500-700-MW power plant in the province, its first project in the country.

The first offshore wind power plant, the 99MW Bac Lieu Wind Power Project in the southern province of the same name, went on stream in 2016.

It is expected that in 2021-30, for which period the national plan is being drafted, the country will need 30 GW of wind and solar power.

There are 11 wind farms in the country with a total capacity of 429 MW, according to Vietnam Electricity (EVN).

Source: VNExpress

You may be interested in...

Will cheaper wind energy lead the charge to energy decarbonization?

28/04/2021
  A new study predicts wind energy costs are set to drop...
Learn more

Dak Lak approves two wind plants

22/02/2021
The People’s Committee of the Central Highlands of Dak Lak has granted...
Learn more

Action plan to assist realisation of green growth targets

15/03/2022
The Ministry of Planning and Investment (MPI) is collecting opinions on the...
Learn more

Private firm to build Vietnam’s first hydrogen plant with $840 mln

31/05/2022
TGS Green Hydrogen plans to commence construction on its $840 million green...
Learn more
×

FanPage

Electric & Power Vietnam