Ninh Thuan looking for investor for $135 million BIM wind farm

Mar 9th at 12:33
09-03-2021 12:33:44+07:00

Ninh Thuan looking for investor for $135 million BIM wind farm

Ninh Thuan looking for investor for $135 million BIM wind farm
BIM wind farm will help improve the balance of renewables in the country's energy mix

The BIM wind farm has the total estimated investment capital of VND3.11 trillion ($135.2 million) and covers an area of 30.8 hectares in Thuan Nam district of Ninh Thuan province.

Ninh Thuan People’s Committee has approved BIM wind farm, which is one of the projects listed in planning approved by the prime minister.

The project has a designed capacity of 88MW. The precise investment capital will be determined after the investor built the feasibility report.

The deadline for submitting the applications is March 19.

Once completed, the wind farm will generate 306.9 million kWh a year for the national power grid, which will contribute to balancing the ratio of renewable and other energy sources.

Previously, in April 2019, the province organised the inauguration ceremony for the solar power complex with three farms namely the 30MWp BIM 1, the 250MWp BIM 2, and the 50MWp BIM3 invested by BIM Group.

The construction of this complex was started in January 2018 with the total investment capital of VND7 trillion ($304.35 million). It has installed one million panels and has a capacity of 600 million kWh per year.

The province has a high level of sunshine hours (2,467) per year and solar radiation per square metre 1,800kWh per year, making it ideal for solar energy projects.

Under the province’s green energy plan, by 2030 it is expected to reach a total capacity of 1,500MW of wind energy and 3,912MW of solar energy.

The province is now home to 17 operational solar farms with a total capacity of 1,100MW. It has also approved 13 wind farms with a designed capacity of 680MW, three of which are operational.

VIR





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