The Germany-based BayWa r.e. Wind Projects Vietnam Co. Ltd. is planning to invest in three wind power plants in the northern mountainous province of Lang Son.
Viet Nam needs to focus on developing the wind power industry and implementing transparent policies on granting investment licences to wind power projects.
The Ministry of Industry and Trade (MoIT) has appealed to the Government for a wind power price hike, arguing that this would help boost production at the country’s wind farms.
Germany will support Viet Nam''s wind power development with a budget of
up to 6.9 million euros this year through the German Federal Ministry
for Economic Cooperation and Development.
Construction work will begin on the Coc Hai 1 wind power plant in
southern Ninh Thuan province this June, with investment capital of
nearly VND1.2 trillion (US$57.1 million).
General Electric (GE) on Wednesday announced the official opening of its
Vietnam Engineering Centre in HCM City, coinciding with the company''s
20th year of operations in the country.