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German company wants to invest in a US$4.8-billion wind farm in Binh Dinh
By Nhan Tam
Thursday,  Dec 17, 2020,18:20 (GMT+7)

German company wants to invest in a US$4.8-billion wind farm in Binh Dinh

By Nhan Tam

The Phu Lac wind farm in Binh Thuan Province. A German renewable energy group is keen to invest in an offshore US$-4.8 billion wind farm in the central province of Binh Dinh – PHOTO: VGP

BINH DINH – German renewable energy group PNE is keen to invest in an offshore US$-4.8 billion wind farm in the central province of Binh Dinh, in three phases.

If successful, the company will build up between 154 and 166 wind turbines and increase its total capacity to 2,000MW. The first phase of the offshore windfarm, with a capacity of about 700MW and investment capital of US$$1.6 billion, will be located in the two districts of Phu Cat and Phu My. PNE will carry out technical surveys in 2021 and commence construction from 2024.

This information was recorded after a recent meeting between the Binh Dinh Provincial People’s Committee, PNE and the German Industry and Commerce in Vietnam.

PNE suggested that Binh Dinh Province submit a report requesting the Ministry of Industry and Trade to add this wind power plant project to the National Power Plan No. 8, paving the way for the German investor to carry out the project.

According to Nguyen Phi Long, Chairman of Binh Dinh Province People’s Committee, this energy project is important to not only Binh Dinh but also the country in general. The project will not occupy much land area but will bring important benefits in addition to the value it will add in terms of electricity

Long assigned the Department of Industry and Trade and other relevant agencies to complete procedures to submit to the Ministry of Industry and Trade before December 30, 2020.

Previously, in September 2020, PNE hired a consultant to conduct a survey on the project. About one month later, the People’s Committee of Binh Dinh province agreed in principle that PNE install wind gauges to conduct further studies to be completed within 12 months.

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