VinEnergo has signed an agreement with Gia Lai province to study the potential for developing an $8 billion wind power complex.
On March 28, the two parties signed a cooperation agreement to assess the project, which will be developed in two phases. The first phase is expected to have a total capacity of around 2,000 MW, followed by an expansion to approximately 3,000 MW in the second phase, with total investment estimated at VND210 trillion ($8 billion).
VinEnergo is currently investing in a series of large-scale renewable energy projects across Vietnam, including the Ky Anh Wind Power Plant (Ha Tinh province, 400 MW), Eco Wind Ky Anh (Ha Tinh, 498 MW), Dien Bien 1 Solar Power Plant (Dien Bien, 300 MW), Ban Chat 1 Floating Solar Power Plant (Lai Chau, 250 MW), and Ban Chat 2 Floating Solar Power Plant (Lai Chau, 300 MW).