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AC Energy Expands Renewables Footprint with Wind Farm in Vietnam

AC Energy Expands Renewables Footprint with Wind Farm in Vietnam

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Ayala Corporation’s power generation arm, AC Energy, marks another milestone in its renewables expansion in the region with the construction of the largest wind farm in Vietnam to date. The Quang Binh Wind Farm will have an aggregate capacity of 210 MW, bringing AC Energy’s total renewables capacity to 1,200 MW. Located in the coastal area of the Quang Binh province, the wind farm is AC Energy’s latest project with AMI Renewables. The project has two phases consisting of 109.2 MW and 100.8 MW, with firm orders already having been issued to the wind turbine supplier for both phases. With the aim of qualifying for the current round for wind feed-in-tariff of 8.50 US cents per kWh, the project is set be commissioned in the third quarter of 2021.

The record 210 MW wind farm is the latest in AC Energy’s string of initiatives to sustain its growth momentum and expand its generation capacity in the Asia-Pacific.

The project will utilize wind turbines from Vestas, who will supply, transport, install and commission a total of 50 V150-4.2 MW wind turbines at a hub-height of 145m to optimize the wind energy production. AC Energy will be providing all the construction capital required for this project.

In 2017, AC Energy and AMI Renewables formed a platform company, AMI AC Renewables, to build renewable energy plants in Vietnam. In April 2019, AC Energy and AMI Renewables switched on two solar plants, the 50 MW Khanh Hoa and the 30 MW Dak Lak solar farms. AMI AC Renewables targets to develop and operate a renewable energy platform in Vietnam with a total capacity of 1,000 MW by 2025.

Source : steelguru
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Anand Gupta Editor - EQ Int'l Media Network