Vestas has secured a 50 MW order in Vietnam with local developer, Ia Bang Wind Power, owned by the Vietnam-based renewable power producer Gia Lai Electricity (GEC).
This is Vestas’ second project with GEC and it will take its total order intake past 1.1 GW in Vietnam.
The wind power project in Vietnam is planned to achieve commissioning in the third quarter of 2021.
The wind turbine contract includes the supply and supervision of the installation of 12 V150-4.2 MW wind turbines delivered in different power ratings to optimize energy production for the site’s specific wind conditions, said Clive Turton, president of Vestas Asia Pacific.
The la Bang 1 wind project will be located in Gia Lai province in the Central Highlands of Vietnam.
In GEC’s Renewable Energy development strategy, wind power is one of the first priority segments for investment with the ambition to develop up to hundreds of megawatts of wind power capacity in the next five-year period, said Nguyen Thai Ha, chief executive officer of GEC.
The order also includes a 10-year Active Output Management 5000 (AOM 5000) service agreement, designed to maximise energy production for the site. Vestas will provide the customer with long-term business case certainty by offering yield-based availability guarantee.