Siemens Gamesa secures 165-MW contract in fast-emerging Vietnamese market

The Tan Thuan windfarm is the fourth nearshore project Siemens Gamesa has won in Vietnam and is the largest nearshore project to date in the country. The contracts follow the company’s largest ever order in Vietnam, announced in March 2020, for 113 MW.

The two deals also mark the first time Siemens Gamesa has contracted with Power Engineering Consulting Joint Stock Company 2 of Vietnam, and Pacific Corporation, respectively. The projects are due to be commissioned in mid-2021.

The company has also signed a 10-year contract to provide operation and maintenance services for the Tan Thuan windfarm and a 20-year term sheet for servicing the Thai Hoa windfarm.

According to the World Bank Group, Vietnam has onshore wind potential capacity of 24 GW, and 475 GW of offshore capacity along its 3,000 km coastline.