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Siemens Gamesa to Unlock Surging Renewable Potential in Vietnam

Power News - Published on Wed, 01 Apr 2020

Image Source: Siemens Gamesa Hoa Thang Energy
Vietnam has some of the best wind resources in Southeast Asia. In an effort to tap the country’s potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the nation’s largest wind farms. With a total capacity of 113 MW, the Hoa Thang 1.2 wind farm will generate enough electricity to meet the demands of over 240,000 Vietnamese following its commissioning in 2021.

The deal also marks the largest order in the country for Siemens Gamesa. Additionally, the company has secured a long-term 10-year service contract.

The project, located in the Bac Binh district, Binh Thuan province, on the South-Central coast of Vietnam, is developed by Hoa Thang Energy Joint Stock Company, a special-purpose vehicle of Vietnam’s construction group Trading Construction Works Organization which has close to 60 years construction experience.

Hoa Thang Energy is a pioneer of renewable energy in Vietnam, where the fast-growing economy has seen electricity demand rise by around 10% annually. The Vietnamese government estimates that total power generating capacity will reach 125-130 GW by 2030, up from 46 GW in 2018. In order to mitigate climate concerns, the government also aims for renewable energy to account for 15-20% of its total energy output by 2030 and has established a target of developing 6 GW of wind power capacity by 2030.

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Posted By : Yogender Pancholi on Wed, 01 Apr 2020
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