Vietnam opens more wind power plants

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Vietnam bac lieu wind turbines
Wind power plant in Bac Lieu, Vietnam

Vietnam on May 29 put its second wind power plant in southern Bac Lieu province in operation by connecting it to the national electricity grid, local media reported. The plant delivers 16 megawatts from 10 turbines. It is the first such project in the Mekong Delta, with the other project being in operation in central Binh Thuan province since April 2012 with an output of about 90 million kWh.

When completed, the Bac Lieu wind power plant will have 62 turbines, provided by US-based engineering firm General Electric, with a capacity of 1.6 megawatts each. They will generate 320 million kWh per year. All the turbines with a total output of 99.2 megawatts are expected to be operational in June 2014.

Bac Lieu-based Cong Ly Construction and Trading Co Ltd. will invest $247.5 million in the project. Capital is sourced from loans provided by the US Import and Export Bank. The first project in Binh Thuan cost 70 million.

The Vietnam government is pushing wind power in order to substitute hydro power which has been found harming the environment and encourages investors to participate.

It has been estimated that Vietnam’s wind power potentials could be as high as 513,260 megawatts, which is 200 times more than the output of the Son La hydro power plant at 2,400 megawatts, a national key power project.

Incentives include that the electricity wholesale buyers, Electricity of Vietnam or authorised units, have to buy the whole output churned out by wind power projects for 20 years at least at $0.078 ex VAT per kWh which is higher than the price for other electricity. Every kWh of electricity to be purchased from the plants is propped up by $o.o1 through the Vietnam fund for the environment protection.

Vietnam aims to increase productivity from green energy resources from 3.5 per cent in 2010 to 4.5 per cent by 2020 and 6 per cent by 2030. Meanwhile, the wind power capacity would increase from zero now to 1,000 megawatts by 2020 and 6,200 megawatts by 2030. The Philippines has similar projects.

 

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Reading Time: 2 minutes

Wind power plant in Bac Lieu, Vietnam

Vietnam on May 29 put its second wind power plant in southern Bac Lieu province in operation by connecting it to the national electricity grid, local media reported. The plant delivers 16 megawatts from 10 turbines. It is the first such project in the Mekong Delta, with the other project being in operation in central Binh Thuan province since April 2012 with an output of about 90 million kWh.

Reading Time: 2 minutes

Vietnam bac lieu wind turbines
Wind power plant in Bac Lieu, Vietnam

Vietnam on May 29 put its second wind power plant in southern Bac Lieu province in operation by connecting it to the national electricity grid, local media reported. The plant delivers 16 megawatts from 10 turbines. It is the first such project in the Mekong Delta, with the other project being in operation in central Binh Thuan province since April 2012 with an output of about 90 million kWh.

When completed, the Bac Lieu wind power plant will have 62 turbines, provided by US-based engineering firm General Electric, with a capacity of 1.6 megawatts each. They will generate 320 million kWh per year. All the turbines with a total output of 99.2 megawatts are expected to be operational in June 2014.

Bac Lieu-based Cong Ly Construction and Trading Co Ltd. will invest $247.5 million in the project. Capital is sourced from loans provided by the US Import and Export Bank. The first project in Binh Thuan cost 70 million.

The Vietnam government is pushing wind power in order to substitute hydro power which has been found harming the environment and encourages investors to participate.

It has been estimated that Vietnam’s wind power potentials could be as high as 513,260 megawatts, which is 200 times more than the output of the Son La hydro power plant at 2,400 megawatts, a national key power project.

Incentives include that the electricity wholesale buyers, Electricity of Vietnam or authorised units, have to buy the whole output churned out by wind power projects for 20 years at least at $0.078 ex VAT per kWh which is higher than the price for other electricity. Every kWh of electricity to be purchased from the plants is propped up by $o.o1 through the Vietnam fund for the environment protection.

Vietnam aims to increase productivity from green energy resources from 3.5 per cent in 2010 to 4.5 per cent by 2020 and 6 per cent by 2030. Meanwhile, the wind power capacity would increase from zero now to 1,000 megawatts by 2020 and 6,200 megawatts by 2030. The Philippines has similar projects.

 

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