Turbine manufacturer Siemens Gamesa will supply 25 of its SG4.5-145 machines for Vietnam’s l Hoa Thang 1.2 wind project, in a deal that will be the OEM’s biggest-yet in the Southeast Asian country.
“As market scale and financing are helping to unlock potential in Vietnam, we are committed to supporting our Vietnamese customers to accelerate the penetration of renewable energy and bring clean power for generations to come,” said Richard Paul Luijendijk, chief executive of Siemens Gamesa’s onshore business unit in the Asia-Pacific region.
The Hoa Thang project, located in the Bac Binh district of Binh Thuan province, on the Southern-Central coast of Vietnam, is being developed by the Hoa Thang Energy Joint Stock Company, a special-purpose vehicle of Vietnam’s construction group Trading Construction Works Organization.
The Vietnamese government estimates that the country’s total power generating capacity will reach 125-130GW by 2030, up from 46GW in 2018. In order to mitigate climate concerns, the government also aims for renewable energy to account for 15-20% of its total energy output by 2030 and has established a target of developing 6GW of wind power capacity by 2030.