GE Renewable Energy secures second wind farm project in Vietnam

Mar 24th at 11:59
24-03-2021 11:59:42+07:00

GE Renewable Energy secures second wind farm project in Vietnam

GE Renewable Energy on March 23 announced that it has been awarded a contract by Vietnam Join-Stock Construction Electricity Corporation (VNECO) to supply a total of eight of GE’s 3.8-137 MW wind turbines to support construction of the Thuan Nhien Phong (TNP) wind farm in Binh Thuan Province, in the South-Central coastal region of Vietnam.

GE Renewable Energy secures second wind farm project in Vietnam

The contract also provides a 10-year full-service O&M agreement for operation and maintenance of the wind farm.

The wind farm will be powered by eight of GE’s 3.8MW platform with a 137-metre-rotor wind turbine, with a customized hub height of 131.4m towers that are ideally suited to take advantage of the wind conditions in Binh Thuan Province.

Gilan Sabatier, Regional Leader for GE Renewable Energy’s Onshore Wind Business in South Asia and ASEAN, said, "We very much look forward to our new partnership with VNECO in the renewable space in Vietnam and are proud to have been selected by them for this project. The Thuan Nhien Phong wind farm underlines GE Renewable Energy’s commitment to support Vietnam’s renewable energy’s aspirations.”

Nguyen Anh Tuan, Chairman of VNECO, said, “VNECO has nearly 30 years’ experience in the field of engineering, procurement & construction (EPC), technology transfer and investment projects in power generation, power transmission and substations for the power sector, industry and infrastructure in Vietnam. GE is one of the world’s leading turbine manufacturers that is driving renewable energy development, especially in wind power. We believe that the strategic partnership of both companies with innovative technology and deep industry expertise will add more value for the community, environment and local people.”

GE is a long-term partner in supporting Vietnam’s energy transition by bringing its innovative technology to support Vietnam in its efforts to power household with sustainable energy. Vietnam has seen an increase in demand for energy and this wind project further expands GE’s contribution in providing technological support for a variety of power generation projects throughout the country. GE Vietnam has more than 1,600 employees in Vietnam and is the only wind OEM with a manufacturing footprint in the country.

GE Renewable Energy is a US$15 billion business which combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable and sustainable green electrons.

VietNam Economic News



RELATED STOCK CODE (2)

NEWS SAME CATEGORY

Grobest supports Vietnamese shrimp farmers to access top-quality, high-yield shrimp larvae

Grobest Vietnam Co., Ltd. has entered cooperation with leading domestic shrimp larvae hatcheries to diversify the supply of high-quality, high-yield larvae for...

Aviation industry to suffer $649 mln loss

Vietnamese carriers could suffer a loss of more than VND15 trillion ($649 million) this year with the suspension of commercial international flights still in effect.

Ha Noi strives to have 900 firms in supporting industries

Ha Noi has set a target of having 900 businesses operating in the supporting industries this year, with 300 eligible to join global production networks of...

HCM City, firms make efforts to prop up floundering consumer product sales

Demand for consumer goods in 2021 will not be higher than last year, with sales so far this year already 15-20 per cent year-on-year decrease, according to...

Ba Ria – Vung Tau industrial parks await FDI post-pandemic

Industrial parks in the southern coastal province of Ba Ria – Vung Tau are making preparations to attract foreign investments that are expected to surge after the...

Online trade fairs and exhibitions boom amid COVID-19

The COVID-19 pandemic has impacted trade fairs and exhibitions of businesses in Viet Nam, forcing many to postpone their events.

US stimulus package will be a boon for Vietnam’s exports

Vietnam’s export growth in this year is set to be around 13-15% year-on-year, the largest expansion since 2017.

Dong Nai setting up plans to develop into regional logistics centre

Dong Nai People’s Committee will invest in developing a port system to synchronise the transport infrastructure system, including expressways, roadways, and Long...

Quang Nam to convert forests into hydropower plant, urban area

Central Quang Nam Province has approved the conversion of nearly 35 hectares of forests into a hydropower plant and new urban area.

Vietnam boosts domestic support industries

The development of supporting industries (SI) is one of the most important solutions for Vietnam to attract foreign direct investment (FDI) and accelerate...


MOST READ


Back To Top