Siemens Gamesa to equip 32-MW nearshore windwi project in Vietnam

Siemens Gamesa wind turbine. Photo taken from Siemens' website (www.siemens.com).

July 22 (Renewables Now) - Siemens Gamesa Renewable Energy SA (BME:SGRE) announced today it has received a turbine supply order for a 32-MW nearshore wind project in Vietnam.

Independent power provider Tan Hoan Cau JSC has ordered seven SG 4.5-145 turbines for the No 5 Thanh Hai 1 wind farm project off the coast of Thanh Hai commune in Ben Tre province. Moreover, Siemens Gamesa has secured a conditional contract for the supply of a further seven turbines of that same model for the second phase of the Thanh Hai project.

The wind turbine supplier will also provide operation and maintenance (O&M) services for the project over a period of 10 years. No 5 Thanh Hai 1 is expected to be commissioned in mid-2020.

“We are coordinating the discussions with the financing parties, which includes at this stage the Danish Export Credit Agency, an international bank and one of Vietnam’s largest banks,” commented Richard Paul Luijendijk, Siemens Gamesa Onshore CEO in APAC. He added that the company has been working on a tailored financing solution for the project for two years now.

More stories to explore
Share this story
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription