March 13, 2015 — 6:44 AM WET
bloomberg_Vietnam began constructing a 120-megawatt wind farm with a total investment of 6 trillion dong ($281 million) in the Central Highlands province of Dak Lak.
HBRE Wind Power Solution Co. will build the project in three phases through 2020, Chairman Ho Ta Tin said on Friday. The Ho Chi Minh City-based company is expected to be able to produce 400 million kilowatt-hour a year, equal to the demand of 200,000 households.
General Electric Co. will provide the project’s 60 turbines, Tin said on March 13. The first phase, which uses 14 two-megawatt turbines, would start generating electricity next year.
Vietnam aims to produce 1,000 megawatts of wind energy by 2020, equivalent to 1.5 percent of its total power production. The nation runs three wind farms, all in the southern part of the country, with a combined capacity of 52 megawatts, and 45 registered wind power projects with combined capacity of 4,822 megawatts, Saigon Times newspaper reported in September, citing ministry officials.
Vestas Wind Systems A/S, the world’s biggest wind-turbine maker, has signed a deal with Ho Chi Minh City-based Phu Cuong Co. to develop a 170-megawatt wind farm in the Mekong Delta province of Soc Trang. The $436-million project is expected to begin construction in 2016 and start generating power the following year, according to the Saigon Times.