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 Offshore Wind Activity Renewables

Related Stories

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

MODEC Forms Dedicated Mooring Solutions Unit

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Norwegian Oil Investment Will Peak in '25

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Current News

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Technip Energies Gets On Board Thailand’s First CCS Project

Eni Makes Significant Gas Discovery Offshore Indonesia

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

CNOOC Puts New South China Sea Development Into Production Mode

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