Licences have been given to 12 of 16 planned wind power projects.
Of the 16 approved wind power projects for Vietnam’s central province Ninh Thuan, 12 have already received licences, marking a combined capacity of over 748MW and capital of $978m, a report by Vietnam Energy Online said.
There are also 29 planned solar projects, and 12 of these have a total capacity of 968MW and capital of $1.19b. Moreover, 82MW of wind power from plants in the lake Dam Nai, coastal town of Mui Dinh, and Trung Nam will be added to the national grid.
By 2030, Vietnam expects Ninh Thuan to attract investment in wind power projects with 1,429MW capacity and in solar power projects with 3,912MW capacity.
The report said that three renewable energy projects and the National Power Transmission Corporation (NPTC) have reached agreements on power generation. Deals have been signed for 22 projects with the Southern Power Corporation, whilst power purchase agreements (PPA) have been signed for 11 projects with the Electricity of Vietnam.
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