Siemens Gamesa Renewable Energy has signed a memorandum of understanding (MoU) with the Vietnamese renewable company BCG Energy to supply wind plant equipment worth US$400m in Vietnam. BCG Energy intends to develop 500 MW of offshore wind projects in Vietnam, and targets a renewable capacity of 1.5 GW by 2023.
Wind account for around 1% of Vietnam’s installed capacity, with 600 MW (2020). As part of the draft PDP VIII, the government aims to substantially develop wind capacity to over 11-12 GW in 2025 and to over 18-19 GW in 2030 (12% of total capacity in 2025 and 13% in 2030). In October 2021, MingYang Smart Energy won an order for 75 MySE 5.0-166 turbines from PowerChina for the 375 MW Ca Mau offshore wind project in southern Vietnam. The project will be constructed in two phases, with the first batch of turbines to be delivered in the first quarter of 2022.
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