Mainstream Renewable Power has signed a Joint Development Agreement with Vietnamese company Advance Information Technologies Corporation (AIT), a specialist in providing EPC services to power projects and a strong local developer of renewable energy projects, to co-develop a 500MW offshore wind project in Ben Tre province, Vietnam.
The project received the requisite site survey license earlier this year. Since then, it has completed a feasibility study and then submitted a Power Development Plan (PDP) application to Vietnam’s Ministry of Industry and Trade with a view to the project being included in the Vietnam Government’s forthcoming national PDP period 2021-2030 with a vision to 2045 (PDP 8).
The project is expected to reach Financial Close and start construction by 2023/24, and reach commercial operation by 2025/26 when it will provide much-needed power to support the economic growth in Vietnam.
Country updates
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November 03, 2020
Ha Do Group starts operation of 50 MW Ninh Phuoc solar farm in Ninh Thuan
Ha Do Group has inaugurated its 50 MWp Ha Do Ninh Phuoc solar farm in Ninh Thuan province after the project started the commercial operation on September 4, 2020. The facility is located in the...
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October 28, 2020
Enercon to supply turbines for Trungnam Group's Ea Nam wind project in Dak Lak
ENERCON has signed a contract with Trungnam group to supply around 400 MW capacity of turbines for the Ea Nam wind farm in Dak Lak province, Vietnam. The construction of the project is expected to st...
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October 23, 2020
Trung Nam Group launches 450 MW solar and transmission project
Trung Nam Group has inaugurated its 500KV transformer station and 220/500KV gridline and the 450 MW Trung Nam Thuan Nam solar power plant in Phuoc Minh commune, Thuan Nam district of the south-c...
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October 23, 2020
Trung Nam Group launches 450 MW Trung Nam Thuan Nam solar power plant and transmission line project
Trung Nam Group has inaugurated its 500KV transformer station and 220/500KV gridline and the 450 MW Trung Nam Thuan Nam solar power plant in Phuoc Minh commune, Thuan Nam district of the south-c...
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October 15, 2020
ADB, Phu Yen JSC sign Viet Nam’s First Certified Green Loan for 257 MW solar power project
The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) has signed a US$186 million loan to develop and operate a 257 megawatt (MW) solar power plant in Hoa Hoi, Phu Yen Pro...
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