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Phu Cuong Group, GE (US) and Mainstream Group (Ireland) have signed an investment cooperation agreement on wind power project in Soc Trang province with a capacity up to 800 MW and a total investment of about US$ 2 billion.

The Prime Minister has approved the Project  “Wind Power Development in Vietnam” with  ODA fund of German Government.

“During the visit to Vietnam of Denmark Crown Prince Successor in coming November, besides 3 investment funds, in a total 36 enterprises including delegation, there will be 22 enterprises in the wind power field to look for the investment cooperation opportunities.” - Vietnam Trade Office in Sweden, holding concurrently Denmark, Finland, Iceland, Norway and Latvia informed.

Mr. Duong Quang Thanh - Chairman of the Member Council of Electricity of Vietnam (EVN) just had a working meeting with Mr. Tan See Leng - Minister of Manpower Ministry and Deputy Minister of Industry and Trade of Singapore, and the delegates of the Singapore Mission to Hanoi for exchanging views on cooperation in the energy field. At the meeting, the two sides expected that Vietnam and Singapore's power grids may be connected by 2035 for Singapore to buy offshore power electricity from Vietnam.

On January 16, 2022, Trungnam Tra Vinh 1 Wind Power Joint Stock Company, a member of Trung Nam Group held a ceremony for inaugurating Dong Hai 1 Wind Power Project in Tra Vinh province. This project is the first step for the "sea voyage" demonstrating the construction capacity of Trungnam Group, in successful implementing the first offshore wind power project, overcoming the trial of the time and natural unfavorable factors in the Southwest region, opening the way for offshore wind power projects of Trung Nam Group in coming time.

The Electricity of Vietnam (EVN) informed that as of the beginning of August 2021, there 106 wind power projects with a total capacity of 5,655.5 MW sent the documents for asking the EVN to recognize them in Commercial Operation Date (COD).

At present, in Vietnam many wind power projects (WPPs) deployed, but there is no sample  contract pattern established for this type of projects, so WPP EPC contractors and turbine suppliers still have a lot of questions and it is necessary to study and complete.

On July 16, 2020, at Headquarter of Bank for Investment and Development of Vietnam - Hanoi Branch (BIDV Hanoi Branch), BIDV Insurance Corporation (BIC) and Ben Tre Renewable Energy Joint Stock company (BTRE) organized the ceremony on insuring for Ben Tre V1-3 Wind Power Project.

Explaining an information that, in recent years, many wind and solar projects were initially assigned to Vietnamese investors, but later transferred to Foreign investors to invest, own, manage and operate, Mr. Hoang Tien Dung - Director of Electricity and Renewable Energy Department (Ministry of Industry and Trade) affirmed that transferring all or a part of the investment project is a normal transaction in the market mechanism and is regulated by the Investment Law.

The Ministry of Industry and Trade (MOIT) has just issued the Unified Document No. 07/VBHN-BCT for regulating wind power development and Standardized Power Purchase Agreement (PPA) for wind power projects. 

Deputy Prime Minister Trinh Dinh Dung has signed the Document No. 311/TTg-CN on March 10, 2020 for agreeing to adjust the capacity of Trung Nam wind power project from 105.75 MW to 151.95 MW Previously, the Ministry of Industry and Trade issued Document No.1237/BCT-DL, dated 25/22020, on adjusting capacity of Trung Nam wind power project (that has been supplemented to Power Development Planning VII adjusted by Prime Minister) from 105.75 MW to 151.95 MW.

In the afternoon of January 13, in Hanoi, Electricity of Vietnam (EVN) organized a conference to exchange and share information with investors of wind power projects in Vietnam for to timely coordinating, and removing difficulties and obstacles in coming period.

In Duyen Hai town (Tra Vinh province), Tra Vinh Ecotech Renewable Energy Joint Stock Company held a groundbreaking ceremony for Hiep Thanh Wind Power Project.

According to forecasts, the wind and solar power sources in Vietnam will increase sharply in the period of 2021-2023 to compensate for the electricity shortage due to delayed thermal power projects and By 2025, the total capacity of these sources will reach over 20,000 MW.

At October 15, 2019, after the negotiation and agreements on cooperation in implementing wind power projects in Vietnam, Vietnam N&G Group Joint Stock Company (N&G Group) and Denmark VESTAS Group  signed a cooperation agreement to develop four wind power projects with a total  capacity of 400 MW implemented in three stages in Dak Nong province.