Vestas and Tan Hoang Cau sign MoU aims to accelerate wind farm development
Vestas and Tan Hoang Cau sign MoU aims to accelerate wind farm development
Danish wind turbine manufacturer Vestas and locally-invested Tan Hoang Cau signed a turbine supply contract for the 30MW Huong Linh 1 wind farm as well as a Memorandum of Understanding (MoU) for the pre-development of three other wind projects.
This turbine supply contract for Huong Linh 1 wind farm is estimated at more than €22 million ($26 million). Huong Linh 1 wind farm is located in the central province of Quang Tri.
Mai Van Hue, chairman of Tan Hoang Cau (THC), said, "We are committed to deploying the latest technology and wind turbine models to bring the highest efficiencies for the projects. Therefore, we are partnering up with Vestas, the industry leader, to help us bring this project to life.”
Clive Turton, president of Vestas Asia-Pacific, said, "Vietnam is the ASEAN's second fastest growing economy and it is commendable that given all this growth, the country is looking into wind energy. Vestas is very excited for the partnership with Vietnam in this respect and today, we are absolutely delighted to be here to demonstrate our commitment. Vestas is Denmark's leading light in the renewable energy sector and will show Vietnam how to appreciate the value, opportunities, and potential of wind energy to improve the lives of Vietnamese people.”
“We will engage, expand, and deepen our capabilities in Vietnam and look forward to working even more closely together," he added.
Previously, Vestas supplied turbines for the 30MW Huong Linh 2 project in the central province of Quang Tri, also invested by THC.
