An international collaboration of leading clean energy companies is advancing a US$2 billion wind farm project in Vietnam.
The 800 MW wind farm is being developed by GE Renewable Energy, Mainstream Renewable Power and their Vietnamese partners, Phu Cuong Group. Today’s ceremonial confirmation, of what will be the country’s biggest wind farm, will be a key part of Vietnam’s ambition to deliver “one gigawatt of renewable energy by 2020”.
“This is a significant step forward in terms of taking the first phase of this project into construction next year, and in doing so supporting Vietnam in its aim of delivering one gigawatt of renewable energy by 2020. Today’s agreement is central to Mainstream’s strategic focus of bringing large-scale, low-cost renewable energy to high-growth markets across Asia, Africa as well as South and Central America. We look forward to working closely with our partners in bringing this project to fruition.” said Mainstream’s Chief Operating Officer Andy Kinsella. “This agreement in Vietnam marks Mainstream’s first large scale investments in Asia, following the establishment of gigawatt-scale portfolios in South America and Africa.”
The Phu Cuong Wind Farm is in the Soc Trang province of Vietnam.
Deputy GM for the Phu Cuong Group, Phạm Quốc Anh, added: “Producing electricity from wind energy is a new market in Vietnam. As one of the pioneers, Phu Cuong Group wants to work with strong partners with capacity to ensure the quality of the project. GE and Mainstream are the best partners in this area. We are confident that this collaboration will bring success to the project, contributing to the development of green power to the people of Vietnam.”