Page 13 - AsiaElec Week 43 2020

AsiaElec RENEWABLES AsiaElec

Vestas wins 50MW onshore

turbine order in Vietnam

VIETNAM VESTAS has secured a 50MW turbine order locally, we look forward to getting the project
from local Vietnamese developer Ia Bang Wind online ahead of the feed-in tariff [FiT] deadlines”.
Power Joint Stock Company. “In GEC’s renewable energy development
The deal is Vestas’ second with Vietnamese strategy, wind power is one of the first priority
renewable power producer Gia Lai Electricity segments for investment with the ambition to
Joint Stock Company (GEC), which owns Ia develop up to hundreds of megawatts of wind
Bang Wind Power. power capacity in the next five-year period. We
The contract takes Vestas’ orderbook in Viet- are therefore honoured with this co-operation
nam past 1.1 GW as the country invests more in and believe that the use of Vestas’ turbines, instal-
its onshore wind potential lation supervision, operation and maintenance
The deal calls for the supply and supervision services will not only help GEC to complete the
of the installation of 12 V150-4.2MW wind project on schedule with the highest quality, but
turbines delivered in different power ratings to also achieve optimal efficiency in operation, con-
optimise energy production for the site’s specific tributing to the supply of clean and safe energy
wind conditions. for the country,” said Ms Nguyen Thai Ha, chief
The la Bang 1 wind project will be located in executive officer of GEC.
Gia Lai Province in the Central Highlands of The order also includes a 10-year Active
Vietnam, a region with generous wind resources Output Management 5000 (AOM 5000) service
and a growing pipeline of wind projects. agreement, designed to maximise energy pro-
“Partnering with GEC is a fantastic opportu- duction for the site. With a yield-based availabil-
nity to cement our leadership in Vietnam, deliv- ity guarantee, Vestas will provide the customer
ering clean and reliable energy to accelerate this with long-term business case certainty.
country’s growth,” said Clive Turton, president The project is planned to achieve commis-
of Vestas Asia Pacific. “With our extensive expe- sioning in the third quarter of 2021.™
rience in executing projects, both globally and

NEWS IN BRIEF

POLICY “India’s Energy Plan aims to ensure energy director at the energy ministry’s Directorate
justice. That too while fully following our General of Renewable Energy. The regulations
India aims to cut emission global commitments for sustainable growth. aim to simplify renewable energy tariffs,
This means more energy to improve the lives
which would encourage greater investment in
while driving up power of Indians. But, with a smaller carbon foot- the sector.
print.”
The country has set out to achieve 23%
India will be the major driver of global energy To cut its carbon emissions India aims to renewable energy use by 2025 and 31% by
demand in the years to come, but will hold raise the share of natural gas in its energy mix 2050. However, according to Reuters, in July
down carbon emissions even as its power to 15% by 2030 from the current 6.2% and lift 2020, only 9% of energy was drawn from
consumption soars, Prime Minister Narendra its renewable energy generation to 175GW by renewable resources, and the development of
Modi said, Reuters reported. 2022 and to 450GW by 2030. renewable power projects has been slow.
The world’s third biggest oil importer has India is set to raise its annual refining Harris said that the government currently
implemented a series of reforms in recent capacity from 250mn tonnes to 400mn tonnes forecasts only 2.5GW of additional renewable
years, including setting up a gas trading by 2025, while Indian airlines are projected to power capacity by 2025 while the need is for
exchange and granting marketing freedom to double their fleet size to 1200 by 2024, Modi round 10GW between 2019-2025 to reach the
producers, to boost its local output. said. energy mix target.
“India is set to nearly double its energy The new rules would include simpler
consumption over the long term,” Modi told TARIFFS pricing norms, including a feed-in tariff
the India Energy Forum.” system for certain projects, which means
He said even international agencies that Indonesia pans simpler the power producers won’t have to negotiate
project a contraction in global energy demand pricing with the sole off-taker state power
to continue for next few years expect Indian tariffs to encourage company PT Perusahaan Listrik Negara
demand to rise. (PLN), Harris said.
“Our energy sector will be growth- participation in renewables “More incentives will be offered in the
centric, industry friendly and environment regulation. The government will also pay
conscious... We are well on track to meet The Indonesian government will soon for the gap between pricing that would be
the commitment we made to the global introduce a regulation that would help expand detailed in the regulation and PLN’s basic cost
community,” he said. its renewable energy sector, said Harris Yahya, of electricity supply,” Reuters quoted Harris as

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