The two deals, with 75 MW and 90 MW at the Tan Thuan and Thai Hoa wind farms respectively, will use the SG 5.0-145 turbines, which are among the most powerful turbines on the Vietnamese market.
The Tan Thuan wind farm is the fourth nearshore project Siemens Gamesa has secured in Vietnam and it is also the largest nearshore project to date in the country. The orders follow the company’s largest order in Vietnam announced in March for 113 MW, helping to cement its market leading position.
The two deals also mark the first-ever cooperation Siemens Gamesa has concluded with Power Engineering Consulting Joint Stock Company 2 of Vietnam and Pacific Corporation respectively. Following expected commissioning in mid-2021, they will generate enough electricity to power the demands of more than 350,000 Vietnamese and help alleviate power shortage in the country.
The company has also signed a 10-year contract to provide operation and maintenance services for Tan Thuan wind farm and a 20-year term sheet for servicing Thai Hoa wind farm, ensuring turbine performance and maximizing business case for the customers.
Vietnam offers great potential for wind power development. According to the World Bank Group, the country has onshore potential capacity of 24 GW, and 475 GW of offshore capacity along its coastline of over 3,000 km. While the country had installed 487.4 MW of wind capacity by the end of 2019, capacity is forecast to grow by more than 11 GW by 2025 as the country looks to quickly escalate its renewable energy supplies.