Vietnam Firm Launches $220M Offshore Wind Farm

Reuters
Monday, January 17, 2022

Vietnam's leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country's drive for clean energy, the company said on Monday.

The 5 trillion dong ($220.17 million) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of 100 megawatts, the company said in a statement.

Trung Nam said it would raise the total capacity of its renewable power plants to 3.8 gigawatts (GW) and LNG-to-power plants to 1.5 GW by 2025.

Vietnam is finalizing a master power development plan with a focus on renewables to meet its target to achieve carbon emission neutrality by 2050.

The country has said it aimed to double its installed wind and solar power generation capacity to 31-38 GW by 2030. 

($1 = 22,710 dong) 

(Editing by Ed Davies)

Categories: Energy Renewable Energy Activity Renewables Offshore Wind

Related Stories

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Japan Chooses Consortium for Offshore Wind Farm in Akita

MoU Signed for Offshore Wind Solutions in Taiwan

BP's Carbon Emissions Rise for the First Time Since 2019

CNOOC Finds Oil in South China Sea Deepwater Field

Turkish Oil Terminal Halts Russian Oil Business

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Borr Drilling Secures $82M for Three Jack-up Rigs

CNOOC’s Oil Field in Bohai Sea Starts Production

QatarEnergy Signs 15-year LNG Supply Deal with Excelerate Energy

Current News

Unique Group Acquires Subsea Innovation

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

BP Suspends Production at Azerbaijani Platform for Maintenance Works

SOVs – Analyzing Current, Future Demand Drivers

Decarbonization Offshore O&G: Navigating the Path Forward

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com