Page 13 - AsiaElec Week 13

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NEWS IN BRIEF
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nearly all of the Central Asian nation’s coal. Before collapsing in January-February,
the coal exports were ramped up for two years due to growing Chinese demand for Mongolian coal. The sharp rise in coal exports helped Mongolia restore its battered economy. In 2017, coal from Mongolia replaced North Korean coal as part of a sanctions response against North Korean nuclear testing activities. The coal exports were further boosted by China cutting down on purchases of Australian coal.
It is required that vehicles passing
through the border checkpoints are fully decontaminated while their drivers must wear protective clothes. Coal will be transported in “environmentally friendly” containers.
SOLAR
Thailand’s Super Energy
to buy into 750MW of
Vietnamese solar
Thailand-based Super Energy Corporation is to invest in 750MW of solar projects in Vietnam.
The value of the proposed investment will not exceed $456.7mn, the energy group said in a bourse filing last week.
Under the plan, the energy group will
pay $72.9mn to get majority stakes in four photovoltaic (PV) assets that are under construction in the southern province of Binh Phoc.
The balance of $383.8mn will be allocated to complete the power plants’ construction. Following the transaction, Super Energy
Corporation, through its subsidiary Super Solar Thailand Co, will own between 70% and 700% in the Loc Ninh 1, 2 and 4 projects, each of 200MW, and the 150MW Loc Ninh 3.
All of them are scheduled for completion by December 30, 2020, and will get a $0.0709 per kWh feed-in-tariff (FIT) for 20 years, according to a preliminary estimate.
It will be distributed under a power purchase agreement with state-owned utility Vietnam Electricity (EVN) from June 2019.
Super Energy Corporation has two main business units -- IT and production and distribution of renewables electricity. The company is active in the solar, wind and waste-to-energy sectors.
WIND
Vestas secures fourth
offshore wind deal in
Vietnam
Vestas has secured its fourth intertidal, or offshore, project in Vietnam with a 29MW order with Sigma Engineering Joint Stock Company.
The Ben Tre V1-3 wind project will be located in Ba Tri District of Ben Tre Province in the Mekong Delta region of Vietnam.
The contract includes the supply and supervision of the installation of seven V150- 4.2MW wind turbines that will be installed in shallow waters close to shore to optimise
energy production and exploit the full potential of the Mekong Delta region’s good wind conditions.
Each turbine will be equipped with a full- scale converter, enhancing the wind park’s compliance with grid requirements.
The order will include a 20-year Active Output Management 4000 (AOM 4000) service agreement, designed to maximise uptime and optimise energy production for the lifetime of the project. It is the longest service contract for Vestas or any other wind turbine manufacturer in Vietnam.
“This fourth intertidal win reinforces Vestas’ leadership in developing wind energy solutions for this specific market segment
in Vietnam and the 20-year service contract showcases Vestas’ capabilities to service challenging intertidal projects over the project lifetime, thus de-risking the project for its investors and lenders”, said Tommaso Rovatti Studihrad, Sales Director of Vestas Asia Pacific.
“Vestas is proud to be partnering with local project owners like Sigma Engineering Joint Stock Company who is eager to expand its renewable footprint in Vietnam”, said William Gaillard, Sales Vice-President of Vestas Asia Pacific. “Vietnam has one of the fastest- growing energy consumption rates in the world and we are excited to work closely with our customers to unlock the wind potential of the country”.
Mr. Nguyen Quang Ngoc, Chairman of Sigma Engineering Joint Stock Company said, “Sigma is highly appreciative of the friendly and professional working style of Vestas. As the EPC contractor for the Phase I of Ben Tre V1-3 wind farm project, I strongly believe that
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