White paper: Wind Projects Portfolio in Vietnam
Combined with ASEAN Wind Energy 2020 and Renewables Asset Management 2020, the springboard platform for policy makers, local and international IPPs, financiers, EPCs and best service providers, we hope our efforts could contribute to your market knowledge and understanding about the latest policy changes and the portfolio of renewable projects.
This paper mainly focuses on Vietnam’s development on wind power. As of February 2020, Vietnam has approximately 400MW of wind farms in operation, of which offshore wind accounted for 32% of total capacity. Besides, around 900MW of wind capacity in Vietnam is under construction, of which offshore wind power accounts for 43% of total capacity. Furthermore, Vietnam’s government has approved and announced capacity of about 11.7GW on wind power projects, of which offshore wind power is about 8.9GW, accounting for 76% of total capacity. It is easy to see that the proportion of offshore wind projects is increasing gradually.