HBRE cooperates with EVN Genco 3 to develop offshore wind farm in Ba Ria-Vung Tau

The construction site of the HBRE Chu Prong Wind Power Farm (phase 1) with a capacity of 50MW in Gia Lai province

The MoU between HBRE and Sapura Energy, as well as between HBRE and EVN, was signed as the foundation for other offshore wind farms in Vietnam.

Ho Ta Tin, chairman of HBRE said, “The presence of Electricity of Vietnam (EVN) in this project indicates its confidence in and commitment to the renewable energy sector, and we believe that the offshore construction experience of Sapura Energy will be most valuable.”

HBRE currently has four onshore wind farm projects at various stages of development, while the project in Gia Lai will be its first offshore wind farm.

The HBRE Chu Prong Wind Power Farm (phase 1) with a capacity of 50MW in Gia Lai province is scheduled to be put into operation in October. The other two projects are a 120MW wind power project in Ky Anh district of Ha Tinh province and a 200MW wind power project in Phu Yen. Currently, these two projects are waiting for land clearance and other legal procedures.

The company started to look for investment opportunities in Vietnam’s offshore market since 2016, with the first idea being a project in Binh Thuan province. However, at the time, the investment expenditures were too high, thus, the company gave up this project.

After that, HBRE issued plans to develop the Vung Tau offshore wind power plant project in Ba Ria-Vung Tau province, which is the first and largest offshore wind power plant in the province. The project has a total investment of over $1 billion, with a final capacity of 500MW.

In May 2019, Ba Ria-Vung Tau People’s Committee approved the project’s construction.

At present, HBRE is waiting for the government’s approval to add the project in Vung Tau into the National Power Development Plan VIII.