Vietnam has a huge energy shortage and the government is now focusing on renewable energy sources to reduce the dependence on thermal power.
Vietnam has long coastline that can be used to produce wind power. This year, construction has begun at the first phase of the Dong Hai 1 Wind Power Plant – built by Bac Phuong (BP) Energy.
To be built at a cost of VND2.5 trillion ($108 million), the first phase of the plant will have a capacity of 50 MW and will contribute around 161 million kilowatt hours of electricity annually to the national grid.
The power plant will be equipped with 12 turbines and is expected to provide power to Bac Lieu and other provinces in the Mekong Delta region.
Bac Lieu already has the largest wind power plant in Vietnam - Bac Lieu Wind Power Plant - that began operations in 2016. Equipped with 62 turbines, the plant has a capacity of 99 MW and can produce about 320 million kWh annually.
Vietnam needs billions of dollars in investments to develop its renewable energy sector.
For the latest renewable energy investments, projects in Vietnam, attend CMT’s 2nd Vietnam Renewables on 15-16 October, 2019, in Ho Chi Minh City.
For more information about the conference, contact Hafizah at
hafizah@cmtsp.com.sg or call +65 6346 9218.