Trung Nam Launches $220 Million Offshore Wind Farm in Vietnam

0
401

Reading Time: 1 minutes

According to Reuters, Vietnam’s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday.

The 5 trillion dong ($220.17 million) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of 100 MW, the company said in a statement.

Trung Nam said it would raise the total capacity of its renewable power plants to 3.8 gigawatts (GW) and LNG-to-power plants to 1.5 GW by 2025.

Vietnam is finalizing a master power development plan with a focus on renewables to meet its target to achieve carbon emission neutrality by 2050.

The country has said it aimed to double its installed wind and solar power generation capacity to 31-38 GW by 2030.

General Director of Trung Nam Group Nguyen Tam Tien believes that the plant is considered Trung Nam’s first step in the journey to cross the sea, demonstrating the group’s construction capacity, in implementing an offshore wind power project.

ALSO READ  Neoenergia and the Government of Rio Grande do Norte Inks MoU for Offshore Wind Power Projects

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.