Vestas secures EPC contract from REE in Vietnam

Vestas Finland project

Vestas said it has secured its second Engineering Procurement Construction (EPC) contract in Vietnam with a 48 MW Tra Vinh V1-3 project from REE Corporation.

Vestas will provide a full turn-key solution with delivery, installation and commissioning of 12 V150-4.2 MW wind turbines delivered in 4.0 MW operating mode, as well as the project’s civil and electrical work, said Clive Turton, president of Vestas Asia Pacific.

Vestas said the order also includes a 20-year Active Output Management 5000 (AOM 5000) service agreement, designed to maximise energy production for the site.

Vestas said it will provide the customer with long-term business case certainty with a yield-based availability guarantee. This will be Vestas’ sixth 20-year long term service agreement signed in Vietnam.

Vestas said it aims to complete the construction of the wind energy project in the fourth quarter of 2021, ahead of the current wind feed-in tariff deadline in Vietnam.