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Mainstream Renewable Power secures investment for wind project in Vietnam

Christian Fernsby |
In a vital step for the Phu Cuong Soc Trang Offshore Wind Farm, Mainstream Renewable Power announces its receipt of a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc Trang for the first 200 MW of the offshore wind farm.

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The project, once fully complete, will have a capacity of up to 1.4 GW and will generate enough electricity to power over 1.6 million homes.

It will mitigate 1.8 million tonnes of carbon dioxide emissions each year.

The project has already completed its wind measurement campaign and other site studies, and the procurement process to secure a wind turbine supplier and balance of plant contractor is well advanced.

Moving forward, Mainstream will work closely with EVN, Vietnam's national electricity company, to finalise the grid connection agreement, as well as the project's Power Purchase Agreement (PPA).

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