Name: Factbox: Vietnam targets jump in solar, wind power capacity
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Factbox: Vietnam targets jump in solar, wind power capacity

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By (Reuters) - Vietnam plans to ramp up its solar and wind power generation capacity, aiming to raise the proportion of renewables in its power mix to 15%-20% by 2030 and to 25%-30% by 2045, from 10% currently.The total installed solar power generation capacity is expected to exceed 8,000 megawatts (MW) by the end of 2020 from 5,053 MW as of July, the Vietnam Energy Association said.Wind power generation capacity is targeted to rise from 429 MW to 800 MW by end-2020 and 2,000 MW by 2025, the Ministry of Industry and Trade said.Facing an imminent electricity shortage, Vietnam is developing renewables, along with LNG-to-power and coal-based projects, as hydropower has been almost fully tapped while oil and gas production has peaked. Plans to build nuclear power plants were scrapped in 2016.Below are some of the largest projects that have become operational or are under construction.Company: Trung Nam GroupWhere: central province of Ninh ThuanCapacity: 450 MWInvestment: 12 trillion dong ($517.75 million)Status: Construction which started in March is scheduled to be completed by October.Company: Xuan Cau Holdings and BGrimm Power LLCWhere: southern province of Tay NinhCapacity: 410 MWInvestment: 11 trillion dong ($474.59 million)Status: In operation since June 2019Company: Bamboo Capital GroupWhere: central province of Binh DinhCapacity: 330 MWInvestment: 6.2 trillion dong ($267.51 million)Status: Under construction. Scheduled for completion by end-2020Company: BIM Group and AC Energy PhilippinesWhere: Ninh Thuan provinceCapacity: 330 MWInvestment: 7 trillion dong ($302.01 million)Status: In operation since April 2019Company: TTVN Group and BGrimm Power LLCWhere: central province of Phu YenCapacity: 257 MWInvestment: 4.99 trillion dong ($215.29 million)Status: In operation since June 2019Company: Sao Mai GroupWhere: southern province of An GiangCapacity: 210 MWInvestment: 6 trillion dong ($258.88 million)Status: The first phase of 104 MW started power generation in July 2019. Construction of the second 106 MW phase began in September.Company: Trung Nam GroupWhere: Ninh Thuan provinceCapacity: 151.95 MWInvestment: 4 trillion dong ($172.58 million)Status: Construction started in August 2016 and is scheduled to be completed by the fourth quarter this year.Company: ECOTECH VietnamWhere: Southern province of Soc TrangCapacity: 129 MWInvestment: 5.32 trillion dong ($229.54 million)Status: Construction of the plant began in March. Its first phase of 30 MW is scheduled to start power generation in 2021.Company: Phuong Anh Trade and Investment Co.Where: Southern province of Bac LieuCapacity: 100 MWInvestment: 5.22 trillion dong ($225.22 million)Status: Construction started in July and scheduled to be completed by November 2021.Company: Cong Ly Co.Where: Bac Lieu provinceCapacity: 99.2 MWInvestment: 5 trillion dong ($215.73 million)Status: The first phase of the project started power generation in 2013 and the entire project from 2016.Company: Ecotech Tra VinhWhere: Southern province of Tra VinhCapacity: 78 MWInvestment: 3.37 trillion dong ($145.40 million)Status: Construction started in March. Its first turbine will start power generation early 2021 and the entire project by mid-2021.Sources: Energy Institute of Vietnam, Vietnam Energy Association, provincial authorities, Ministry of Industry and Trade, related companies and state media($1 = 23,177 dong)Reporting by Khanh Vu; Editing by Ed DaviesOur Standards:

By (Reuters) - Vietnam plans to ramp up its solar and wind power generation capacity, aiming to raise the proportion of renewables in its power mix to 15%-20% by 2030 and to 25%-30% by 2045, from 10% currently.The total installed solar power generation capacity is expected to exceed 8,000 megawatts (MW) by the end of 2020 from 5,053 MW as of July, the Vietnam Energy Association said.Wind power generation capacity is targeted to rise from 429 MW to 800 MW by end-2020 and 2,000 MW by 2025, the Ministry of Industry and Trade said.Facing an imminent electricity shortage, Vietnam is developing...

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Factbox: Vietnam targets jump in solar, wind power capacity

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