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Vestas confirms marketshare in Vietnam with third order in 2019

Vestas said its in-depth market knowledge, ability to provide customized solutions, and presence in Vietnam enable the company to support the country’s growing renewable energy ambition. Ve

Denmark-based Vestas Wind Systems A/S leads wind energy market in Vietnam with almost 200 MW of projects won in 2019 after securing a 50 MW order with a local company earlier.

 Vestas wind turbines become more popular to customers

The latest order marks Vestas’ third intertidal project in the country with three different customers announced in December. The third project will be located in the southern province of Bac Lieu where the turbines will be installed in shallow waters close to shore to exploit the full potential of wind conditions in the Mekong Delta.

The contract includes the supply and supervision of the installation of 13 V150-4.2 MW wind turbines with ten turbines delivered in 3.8 MW and three turbines delivered in 4.0 MW operating modes to optimize energy production for the site’s specific wind conditions.

Each turbine will be equipped with a full-scale converter, enhancing the wind park’s compliance with grid requirements.

“This third intertidal win demonstrates Vestas' ability to develop wind energy solutions for projects close to shore to capture the unblocked wind resources from the sea,” PV-Magazine quoted Sales Director of Vestas Asia Pacific Tommaso Rovatti Studihrad as saying.

“We had to collaborate very closely to ensure the suitability of the foundation design for the marine conditions, and we would like to thank Hoa Binh 1 Company for choosing to work with us on this project.”

William Gaillard, Sales Vice-President of Vestas Asia Pacific, said “Vestas is ready and committed to support Vietnam’s growing ambition to increase renewable energy sources, and 2019 has been a great year for us so far, with close to 200 MW of projects secured already.”

“With Vietnam's FIT deadline in November 2021, and longer lead-times for equipment deliveries due to high global demand, it is absolutely crucial for us to work hand in hand with our customers to ensure a successful and timely project completion,” he added.

Dao Hai Linh, General Director of Hoa Binh 1 Company which invests in the project in Bac Lieu, said this project is the important initial step for long-term partnership between Vestas and Hoa Binh company. On this basis, they will continue developing the future phases of the project with a total capacity of 100 MW and extend the cooperation beyond turbine supply, including installation as well as EPC services for Hoa Binh’s projects.

The project also includes a 10-year Active Output Management 5000 (AOM 5000) service agreement, designed to maximize energy production for the project. With a yield-based availability guarantee, Vestas will provide the customer with long-term business case certainty. Turbine installation is expected to be completed in the third quarter of 2021.

Vestas, the energy industry’s global partner on sustainable energy solutions, designs, manufactures, installs, and services more than 108 GW of wind turbines in 80 countries across the globe.

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