Approving adjustment of investment policy and the investor for Huong Linh 3 WPP

Approving adjustment of investment policy and the investor for Huong Linh 3 WPP   – Chairman of Quang Tri Provincial People’s Committee (PPC) Vo Van Hung has just signed Decision No. 756/QD-UBND approving the adjustment of investment policy and the investor of the Huong Linh 3 wind power project. According to the Decision, the investment policy of Huong Linh 3 Wind Power Project is the first time approved by Quang Tri PPC for the Huong Linh 3 Wind Power Joint Stock Company (headquartered in Cooc village, Huong Linh commune, Huong Hoa district) as the investor (Decision No. 781/QD-UBND dated April 9, 2019). The Huong Linh 3 wind power project with a total capacity of 30 MW, average generation of 123.329 GWh/year is designed with 9 wind turbines with each capacity from 3.3 to 3.465 MW. The project is implemented on 8 ha in Huong Linh commune, Huong Hoa district (excluding land area for the foundations of the connecting grid to the national power system). The total project investment capital is more than 1,530 billion VND. According to the project progress in the decision on approving the investment policy, from March 2019 to May 2019, establishing technical design, construction drawing. In December 2020, […]

PVN and US partners held discussions on the cooperation in investment in offshore wind power and hydrogen projects

PVN and US partners held discussions on the cooperation in investment in offshore wind power and hydrogen projects   – On March 2, 2022, in Hanoi, Mr. Hoang Quoc Vuong, the Chairman of the Member Council of Vietnam Oil and Gas Group (PVN) and Mr. Mark Green – Chairman of the Asia-Europe region of AES Corporation (USA) discussed cooperation in developing offshore wind power and hydrogen projects in Vietnam. At the meeting, Mr. Mark Green updated on the implementation status of the Son My LNG Terminal project: after establishing the Charter of Son My LNG Warehouse Company, the agreement and necessary documents suitable with Vietnamese laws for founding Son My LNG Warehouse Company were signed by PV Gas and AES on February 27, 2022, the documents on Son My LNG Warehouse Joint Stock Company ware submitted to Binh Thuan Provincial Department of Planning and Investment. At present, the sides are actively coordinating to work with Binh Thuan provincial relevant agencies to as soon as possible obtain the Investment Registration Certificate and finalize relevant investment procedures. Mr. Hoang Quoc Vuong considers Son My LNG terminal is an important project for Vietnam and PVN wishes to promote the project implementation towards synchronizing the use of LNG for power […]

Ørsted and T&T Group hold first supplier event for their multi-GW Offshore Wind pipeline in Vietnam

  Ørsted and T&T Group hold first supplier event for their multi-GW Offshore Wind pipeline in Vietnam   – The event, held on Thursday, 20th of January, was co-hosted by representatives from MOIT, MPI, and the Danish Embassy, and is the first of many initiatives that will be undertaken by Ørsted and the T&T Group to help local companies become suppliers to the industry and the partnership’s multi-GW pipeline of offshore wind projects. From left: James Won – Head of CS Wind Vietnam, Sebastian Hald Buhl – Vietnam Country Manager, Pascal Langeais – Ørsted Head of APAC Procurement & Supply Chain, Troels Jakobsen – Head of Commercial Section, Danish Embassy, Le Tuan Anh – Director of Economic Industry Dept of MPI, Sivert Skarn – General Director Vard Vung Tau, Pham Nguyen Hung – Deputy General Director of EREA/MOIT, Nguyen Thi Thanh Binh – Vice General Director T&T Group. The well attended workshop saw presentations from Ørsted’s supply chain experts and speeches by representatives from the Economic Industry Department under the Ministry of Industry and Trade and the Electricity and Renewable Energy Agency under the Ministry of Industry and Trade. It was noted that Vietnam’s national energy development strategy gives a clear mandate […]

Inaugurating Dong Hai 1 Wind Power Project

Inaugurating Dong Hai 1 Wind Power Project   – On January 16, 2022, Trungnam Tra Vinh 1 Wind Power Joint Stock Company, a member of Trung Nam Group held a ceremony for inaugurating Dong Hai 1 Wind Power Project in Tra Vinh province. This project is the first step for the “sea voyage” demonstrating the construction capacity of Trungnam Group, in successful implementing the first offshore wind power project, overcoming the trial of the time and natural unfavorable factors in the Southwest region, opening the way for offshore wind power projects of Trung Nam Group in coming time. Dong Hai 1 Off-shore Wind Power Project (OWPP) is developed in Duyen Hai district, Tra Vinh province with a capacity of 100 MW, average generation of 330 GWh/year. The project invested by Trung Nam Tra Vinh 1 company with a total investment of 5,000 billion VND. The project includes 25 wind towers at the sea positions V1-7. Dong Hai 1 Wind Power Project in Tra Vinh province. During the construction process of nearly 10 months, Trungnam Group transported nearly 70,000 tons of equipment and materials over a distance of more than 12,000 km to gather at the project. More than 1,100 engineers and workers […]

GOLDWIND and BIDV establish a cooperative relationship

GOLDWIND and BIDV establish a cooperative relationship 09:57 | 21/12/2021   – On November 17, 2021, Goldwind International Vietnam Co., Ltd signed a Memorandum of Understanding (MOU) with BIDV (Bank for Investment and Development of Vietnam).   Accordingly, Goldwind and BIDV will cooperate together to support owners of wind power projects. In which, Goldwind- the second turbine OEM supplier of the world will manufacture and provide turbines, O&M service. Additionally, BIDV- top banks of Vietnam will support and provide credit and financial services for the wind projects Attending the signing ceremony, there are Mr. Tran Long – Deputy General Director of BIDV, Mr. Wang Hai – Deputy General Director of Goldwind – the owner of Goldwind International Vietnam Co., Ltd. The signing ceremony of the MOU between Goldwind and BIDV is really an important milestone in the journey of building a cooperative relationship between the two entities.   Goldwind is the world’s leading provider of renewable energy solutions. Since its establishment, Goldwind has always taken “Innovating for a brighter tomorrow” as its mission. The wind power industry is a long-distance race that tests endurance. Only through advanced technology, high-quality product quality and reliable service as a practical guarantee can Goldwind create true value for customers and […]

GW165/4.0MW won the “2021 Best Turbine Technology of the Year” award from Lead Energy ASEAN Wind Energy

GW165/4.0MW won the “2021 Best Turbine Technology of the Year” award from Lead Energy ASEAN Wind Energy   – Leader Associates is the world’s leading organizer of renewable energy activities. It has a greater reputation and influence in the ASEAN region, East Asia and Australia. Goldwind is honored to receive -“2021 Best Turbine Technology of Year” for Goldwind turbine: GW165/4.0MW”. Goldwind began to explore the Thai market since 2012, with GW121/2.5MW WTG 120m soft tower. After the success in the Thai Market, Goldwind’s exploration footprint in ASEAN countries began. In 2018, according to the wind resources and development conditions of 6.5-7.5m/s equal or below class III in Southern China and the central-South and southern coastal areas of ASEAN countries, GW165-4.0 products were developed, together with steel/ hybrid tower solutions, 160m and above. In order to further optimize the LCOE of the wind farm owner, and replace the traditional “cost thinking” with “income thinking”. Award “Best Turbine Technology 2021” for Goldwind’s GW 165/4.0 MW turbine. The GW165/4.0MW owns many advantages: Permanent magnet direct drive products have 4 major features, few components, easy maintenance, no coupling, no gearbox, on the one hand, it helps to achieve a significant improvement in cost efficiency and engineering efficiency. At the […]

Agreeing on the policy to invest in a wind power equipment manufactory in Nam Dinh

Agreeing on the policy to invest in a wind power equipment manufactory in Nam Dinh   – Information from Nam Dinh provincial People’s Committee (PPC) said that PPC of this province has just agreed to the policy for Rang Dong Mechanical Joint Stock Company (under Xuan Thien Group) to research and survey the off-shore wind power projects on ​​the sea of Giao Thuy, Hai Hau and Nghia Hung districts, and built a wind power equipment manufactory in Nghia Hung district. In October the Xuan Thien group proposed to invest in Rang Dong Mechanical Manufactory in Nghia Hung district for manufacturing wind power turbines and towers with a total capacity of 1,000 MW per year, including an off-shore turbine with a capacity of 5-20 MW on each tower. Rang Dong Manufactory places a goal to reach a localization rate of 70% for every wind power turbine. Rang Dong Manufactory will also manufacture the heavy industrial mechanical equipment Rang Dong Mechanical Manufactory with a total investment level of 3,000 billion VND expects to be started in May 2022 and completed in 2024. Along with agreeing on investment policy on building Rang Dong Manufactory in document No 913/UBND-VP5 dated November 22, 2021 Nam Dinh PPC […]

Inaugurating V1-3 wind power project in Ben Tre province

Inaugurating V1-3 wind power project in Ben Tre province   – On November 28, 2021, in An Thuy commune, Ba Tri district, Ben Tre province, Ben Tre Renewable Energy Joint Stock Company held a ceremony for inaugurating the V1-3 Ben Tre Wind Power Project (WPP). V1-3 WPP is the first wind power project put into commercial operation in Ben Tre province. Ribbon-cutting ceremony for inaugurating the V1-3 Ben Tre Wind Power Project (WPP V1-3 Ben Tre WPP with a capacity of 29.4 MW and an annual generation of 104GWh invested by Ben Tre Renewable Energy Joint Stock Company with a total investment capital of over 1,500 billion VND, started for construction on April 5, 2020. The V1-3 Ben Tre WPP includes 7 wind turbines, produced by Danish Vestas with a capacity of 4.2 MW/turbine, propellers with a length of 75 m placed on the towers with a height of 104 m, cylinder diameter of 4.4 m. The project includes a step-up transformer substation with a capacity of 40 MVA, 110 kV double line with a length of 11.6 km passed 5 communes and Ba Tri town, and 22 kV ground cables with a length of 12 kV for connecting wind turbines with […]

PVN starts strategy for developing hydrogen and offshore wind power projects

PVN starts strategy for developing hydrogen and offshore wind power projects   – On November 18 in Hanoi, Vietnam Oil and Gas Group (PVN) and the Asian Development Bank (ADB) signed a Memorandum of Understanding (MOU) on building a strategic partnership in 2021 – 2024 years to promote clean and sustainable energy development in Vietnam, as well as support PVN to achieve the green energy transition goal. Specifically, the two sides will cooperate in strategy, a roadmap for green energy transition, carbon capture, use and storage; developing hydrogen industry and offshore wind power projects. Speaking at the ceremony, Mr. Andrew Jeffries – ADB Country Director for Vietnam shared that establishing a partnership to coordinate and cooperate in the activities is interesting for both sides. As a multilateral financial institution and a catalyst organization for global and regional climate funds, ADB commits to support PVN through policy, technical consultations, investment funds, as well as to mobilize co-finance from other financial sources. On behalf of the PVN leaders, Mr. Pham Tien Dung – Deputy General Director of the group expressed his pleasure that PVN is the first unit to establish a partnership with ADB for developing clean and sustainable energy in Vietnam. Mr. Dung […]

Energy storage is an effective solution for efficiency improvement of REPs in Vietnam

Energy storage is an effective solution for efficiency improvement of REPs in Vietnam   – On November 24, 2021, with the support of the State central management agencies, the Ministry of Industry and Trade (MOIT), the Office of the National Steering Committee for Electricity Development (ONEDSC), the Electricity Regulatory Authority (ERAV), the Electricity of Vietnam (EVN), a number of Vietnamese and international organizations and enterprises… The Scientific Council of Vietnam Energy Magazine will organize a workshop on “Application of the energy storage systems and technologies for efficiency improvement of the renewable energy (RE) projects in Vietnam”. Scientific conference on: “Application of energy storage system and technology to improve efficiency for renewable energy projects in Vietnam”. The workshop aims to find solutions and proposals to remove difficulties and obstacles in capital mobilization, construction investment in construction and efficient operation for the current wind and solar power projects. At the same time, the participants of the workshop would propose the mechanisms and solutions to overcome the problems for maximizing the power generation (by investment solutions in the energy storage equipment, technology and power grid stabilization) of RE projects and to resolve technical problems of Vietnam’s power system. In recent time, the strong development of wind and solar power […]

BCG Energy and Siemens Gamesa Renewable Energy cooperate for WPD in Vietnam

BCG Energy and Siemens Gamesa Renewable Energy cooperate for WPD in Vietnam  – Within the framework of the 26th Conference of the participates in the Framework Convention of United Nations on Climate Change (COP26) taking place in the United Kingdom, under the witness of Vietnamese Prime Minister (PM) Pham Minh Chinh, Siemens Gamesa Renewable Energy (RE) and BCG Energy signed a Memorandum of Understanding (MOU) on Siemens Gamesa RE providing BCG Energy with equipment and technical solutions for wind power development in Vietnam. Siemens Gamesa RE is a member of Siemens Group (Germany) – the world’s largest supplier of wind power and renewable energy technology and equipment. According to the signed agreement, Siemens Gamesa Renewable Energy will be the supplier of equipment and technical solutions for BCG Energy to implement the roadmap for wind power development with a capacity more than 500 MW and an investment of about 400 million USD. BCG Energy is one of the renewable energy pioneer – developers in Vietnam. Today, the total capacity of BCG Energy solar power projects (including ground and rooftop solar power projects) in operation in Vietnam is 577.1 MW. BCG Energy expects to develop wind power projects in Vietnam with a […]

Wind energy potential of Viet Nam

in Vietnam, several wind measurement studies are conducted. Vietnam is considered to have the best wind resources in Southeast Asia, especially in the nearshore/offshore and onshore coastal regions in the south of Vietnam. In these areas yearly average windspeeds of 9 to 10 meters per second are measured. Generally, windspeeds are declining further inland. Renewable energy targets and wind energy Vietnam is a country with a rapidly growing economy together with an increasing energy and electricity demand. To sustain the growing electricity demand, new power plants are being built, especially coal-fired power plants. Besides fossil fuels, hydro power is also an important part of the electricity supply in Vietnam, accounting for 37,3 percent of the total installed capacity. EVN is the single buyer of electricity and holds a monopoly on transmission and distribution. Renewable energy sources are still a very small share in the total electricity production, but ambitious targets have been set by the government. Wind farm development onshore and nearshore A key regulatory instrument for wind power in Vietnam are the Provincial Wind Power Development Plans (PWPDPs). These plans define priority areas for wind power development, for which wind measurement has already been conducted. Specific onshore and nearshore […]