At the ground-breaking ceremony (Photo: VNA) Bac Lieu (VNA) – Construction work started on the operations centre of the Dong Hai 1 wind power plant, first phase, in Long Dien commune, Dong Hai district, the Mekong Delta province of Bac Lieu, on April 15. According to the Director of Bac Phuong Joint Stock Company- the investor of the project- Mai Trong Thinh, the construction of the operations centre, which costs 130 billion VND (5.6 million USD), will lay the foundation for the building of undersea infrastructure of the wind power plant, slated to begin in Quarter 4. The first phase of the Dong Hai 1 wind power plant is estimated to cost nearly 2.5 trillion VND (107.8 million USD), and has a total designed capacity of 50 MW. It will cover an area of more than 935 hectares of water surface and more than 11 hectares on land. Thinh said that the plant will have 12 wind turbines, a transformation station 22/110kV-1x63MVA, a 110kV line, an operations centre and other supporting … [Read more...] about Work begins on wind power plant in Bac Lieu province
Wind power project cost estimation
Wind power barriers need removing
Dr. Le Net (left), Le Thanh Hieu (middle), and Vo Phuong Thao (right), lawyers at LNT & Partners Vietnam has a golden combination for developing wind power projects. The country has a booming economy that fuels the increasingly higher energy demand. It also has vast geographic advantages, with its long coastline and a high yearly average wind speed. Yet up to last year, Vietnam only has seven functional wind energy projects with total capacity of 190 megawatts (MW), falling far short of the country’s maximum potential. There are several large barriers to the development of wind power projects in Vietnam, especially larger-scale projects. These include overcapacity of electricity lines in key regions such as Ninh Thuan and Binh Thuan; low power-buying price affecting the financial viability of the projects, especially in comparison with other countries in the region; and international non-bankability of the mandatory model power … [Read more...] about Wind power barriers need removing
Ninh Thuan gives the go ahead to new solar power project
Illustrative photo (Source: VNA) Hanoi (VNA) – The People’s Committee in the south central coastal province of Ninh Thuan has approved the building of the 35-MWp Nhon Hai Solar Farm. The plant, which has been invested in by Licogi 16 JSC at an estimated cost of 854 billion VND (36.7 million USD), will span 42 ha. Its construction is scheduled to begin in July this year and be completed within 24 months. As planned, the solar farm will be fully operational in January 2021. Recently, the Government issued Resolution No.115/NQ-CP dated August 31, 2018 on special mechanisms and policies to facilitate Ninh Thuan’s socio-economic development for the 2018-2023 period. Accordingly, the Government approved a plan to turn the province into one of the national renewable energy hubs. Ninh Thuan is hoping to attract wind and solar power projects with total respective capacities of 1,429 MW and 3,912 MW by 2030. To realise this goal, the province is promoting investment … [Read more...] about Ninh Thuan gives the go ahead to new solar power project
Investment policies needed to boost solar, wind power
(VEN) - Given Vietnam’s great renewable energy potential, the country could overcome its future power shortages if it creates suitable mechanisms to encourage relevant investment, especially since wind and solar plants can be built quickly. A specific roadmap should be created to develop renewable energy in the long term In the context of traditional energy resources deteriorating due to limited reserves and growing consumer demand, increasing investment in renewable energy resources is one of the best solutions. Vietnam Energy Association Vice President Nguyen Van Vy believes its abundant natural resources offer Vietnam great potential to develop renewable energy. Specifically, the country has the potential to develop about 30GW of wind power on the mainland and 100GW offshore. Solar panels can be installed in different areas, such as along the coastline, along lakes, in plains, on mountains, and on roofs. Each hectare of solar panels can generate an … [Read more...] about Investment policies needed to boost solar, wind power
Trung Nam Group to run solar power plant next year
Trung Nam Group to run solar power plant next yearLe Anh HCMC – Trung Nam Group will put into operation a solar power plant with a total capacity of 204 MW in the south-central province of Ninh Thuan next year, an executive said. Tran Duc Xuyen, director of Trung Nam Wind Power JSC, a unit of the group, said the plant would cover 267 hectares inside the Trung Nam wind farm in Ninh Thuan Province. The provincial government and the Ministry of Industry and Trade have thrown their support behind the project, and proposed the Government include the project in a master plan for solar power development in Ninh Thuan until 2020 with a vision to 2030. That solar and wind power is generated at the same farm will help make use of common infrastructure, and achieve synergy, Xuyen said. The group’s solar and wind power project is the first in Vietnam which produces two kinds of renewable energy, bringing about ecological benefits in line with global energy trends. Trung Nam is … [Read more...] about Trung Nam Group to run solar power plant next year