The Ministry of Industry and Trade will submit to the government a pilot program to organize international bidding to pick competent developers for wind power projects that have been long delayed, a state official said at a seminar on wind energy in Ho Chi Minh City on Monday. In the near future, the ministry will study a number of delayed wind power projects in the south-central provinces of Ninh Thuan and Binh Thuan in order to choose capable investors offering the best price for their electricity, said Pham Trong Thuc, director of the New and Renewable Energy Department under the ministry. The program, if approved by the government, will help accelerate the progress of many wind power projects in Vietnam, Thuc said at the event held to introduce the potential of wind power in Vietnam using German solutions. The government has also assigned the ministry and relevant state agencies the tasks of reviewing the existing wind power projects and checking the real funds that … [Read more...] about Vietnam to solicit bid for wind power projects
Wind power project cost estimation
Investors give up wind power projects in Vietnam
Of the many wind power projects licensed by the province of Ninh Thuan since 2005, only one has actually progressed to the construction phase, according to the vice chairman of the provincial people's committee Do Huu Nghi. Other projects have been delayed for years and the provincial authorities now plan to pull investment licenses from projects that have dragged on for too long. According to Le Tuan Phong, vice head of the Energy Department of the Ministry of Industry and Trade, 48 wind power projects have been registered for investment nationwide. However, only 3 (with a combined production capacity of 52MW) have come into operation. Tran Viet Ngai, chairman of the Vietnam Energy Association, said there are many reasons for the lack of successful wind power development in Vietnam, but the most critical is the low price of energy. The government has determined that state utility Electricity of Vietnam must buy all wind power at the regulated price of 7.8 cents per kWh. In … [Read more...] about Investors give up wind power projects in Vietnam
Government tries to unknot pricing problem in wind power projects
VietNamNet Bridge - The low selling prices that the government set for wind power cannot encourage the investment in the renewable power sector. To Hoai Dan, Chair of Cong Ly Construction, Trade and Tourism Company Ltd, has sighed with relief after a long period of waiting in hope, as the government has approved the new electricity price for the Bac Lieu wind power project developed by Cong Ly. Dan said the government has agreed on the cent9.8 per kwh electricity price Cong Ly plans to sell to the Electricity of Vietnam (EVN), the only wholesale buyer in Vietnam. The level is lower than the cent12 per kwh proposed by the investor, but it is cent2 per kwh higher than the price stipulated before by the government in the Decision No. 37 on the mechanism to support wind power projects. "The approved price level is good enough," Dan said, adding that if the government insisted on the pricing mechanism stipulated in the Decision No. 37, Cong Ly would surely incur loss for Bac Lieu … [Read more...] about Government tries to unknot pricing problem in wind power projects
Another wind power project for Ninh Thuan
Another wind power project for Ninh ThuanVan Nam Six more power generators in operation By Van Nam - The Saigon Times Daily HCMC – The south-central coastal province of Ninh Thuan has given approval in principle for Vietnam Electricity Investment and Construction Joint Stock Company (EVNIC) to deploy a wind power project using Russian technology with total designed capacity of 40.5 MW, Pham Hong Giang, general director of EVNIC, said. The first phase of the Cong Hai wind power project will be carried out this year on 20 hectares in Cong Hai Commune in Thuan Bac District. With three turbines having a designed capacity of 1 MW each based on Russian technology, it is expected to turn out about 14 million kWh of electricity annually. The second phase, meanwhile, will be developed from 2014 to 2015 on 160 hectares with 15 turbines with a designed capacity of 2.5 MW each using U.S. technology. Equipment imports from the U.S. for the phase now are being assessed by the General … [Read more...] about Another wind power project for Ninh Thuan
HCM City plans to use Russian technology for wind power project
HCM City's authorities are considering cooperating with Russian partners to develop wind power using a new technology which is expected to have the production cost lower by 50 percent compared to the current popularized technologies, and to replace hydropower plants. The information was released at the working session between the HCM City People's Committee and relevant agencies on August 23, discussing the clean energy development. It is expected that the pilot project would be carried out in Can Gio district which includes two wind power units, capitalized at 60 billion dong. Phan Minh Tan, Director of the HCM City Science and Technology Department, said that the wind speed in Can Gio district is 6-7m/s, in accordance with the wind speed map. The speed is lower than that in Binh Thuan province, but it is completely possible to apply the new technology in Can Gio district. The information that the HCM City authorities have decided to use a Russian technology - "YnS-V" - for … [Read more...] about HCM City plans to use Russian technology for wind power project