- Press Releases
November 23 (Renewables Now) - Singapore-based independent power producer The Blue Circle and its Philippine partner AC Energy Corporation (PSE:ACEN) have started commercial operations of their 40-MW wind farm in south Vietnam, they announced today.
The wind farm, located in Binh Thuan province, represents the second phase of the duo’s Mui Ne project, now at 80 MW but with the potential for expansion to 170 MW.
Costs of the project were estimated at around USD 70 million (EUR 32.3m), financed by debt and equity. The Mui Ne second phase qualifies for a feed-in-tariff of USD 0.085 per kWh, the partners said.
The wind farm is equipped with eight GE turbines with a unit capacity of 5.0 MW and rotor diameter of 158 metres. Their two-piece blades were assembled on site.
“This two-pieces blade technology is a game-changer for onshore sites as it will allow larger capacity machines, lowering our cost of energy and enhancing competitiveness of wind energy,” commented Herve Grillot, The Blue Circle’s chief operating officer.
Going forward, The Blue Circle will manage operations of the wind farm under an asset management services contract.
(USD 1.0 = EUR 0.888)