Renewable Energy

Vestas wins 53 MW order for two wind projects in Vietnam

Vestas has received a 53 MW order from Thuan Binh Wind Power Joint Stock Company (TBW), a local developer for two wind projects in Vietnam. Vestas will supply, transport, install and commission a total of 13 V150-4.2 MW wind turbines delivered in different power ratings to optimise the projectsโ€™ energy output. The two projects โ€“ Phu Lac Phase 2 wind farm and Loi Hai 2 wind farm โ€“ are located in the Binh Thuan and Ninh Thuan provinces along the South-Central Coast of Vietnam. This is the second time Vestas will be working with TBW who owns the 24 MW Phu Lac Phase 1 wind farm commissioned in 2015 with 12 V100-2.0 MW wind turbines.

โ€œIt is great to be able to partner with TBW once again for these two wind farms, following our previous co-operation back in 2015,โ€ said Clive Turton, President of Vestas Asia Pacific. โ€œAs the deadline for Vietnamโ€™s Feed-In-Tariff quickly approaches, our partnership with TBW still enables us to deliver these projects within the time limit, maximising the benefits to our customer and to the Vietnam wind industry.โ€

โ€œFive years ago, Vestas was the turbine supplier of an EPC contract that TBW signed for the 24 MW Phu Lac 1 wind farm. The wind farm has been a showcase piece for us especially after winning Asian Power Award 2017 โ€“ Wind Power Project of the Year, and with Vestasโ€™ turbines exceeding all contractual expectations so far,โ€ said Mr. Bui Van Thinh, CEO of TBW. โ€œTBW is thrilled to be working directly with Vestas this time for our next two wind projects with a total capacity of 53 MW. We would like to thank Vestas for the good job done at Phu Lac 1 and look forward to more successes with Phu Lac Phase 2 and Loi Hai 2 wind farmsโ€.

The order also includes a 20-year Active Output Management 5000 (AOM 5000) service agreement for both projects, designed to maximise energy production for the sites. With a yield-based availability guarantee, Vestas will provide the customer with long-term business case certainty. The projects are planned to achieve commissioning in the third quarter of 2021.

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