USTDA Strengthens Support of Wind Power Development in Vietnam
March 26, 2015
(USTDA)
Ho Chi Minh City, Vietnam – Today the U.S. Trade and Development Agency awarded
a grant to the Cong Ly Construction-Trade-Tourism Company Ltd. to develop a
300-megawatt (MW) wind power project in Vietnam. The feasibility study grant
will assist Cong Ly Ltd., a private sector firm that operates the only
near-offshore wind project in Vietnam, in its efforts to develop a third phase
of the Bac Lieu Wind Farm.
“USTDA is pleased to support the increase of renewable energy production in
Vietnam through the expansion of the Bac Lieu Wind Farm,” said Sarah Randolph,
Country Manager for Southeast Asia, who signed the grant on behalf of the
Agency. “This grant represents the next step in a series of successful
partnerships with Vietnam’s wind power sector.”
Commercial operation for Phase I of the Bac Lieu Wind Farm, which uses ten
U.S.-manufactured wind turbines from General Electric that generate
approximately 16 MW of power, commenced in August 2013. For Phase III, the
feasibility study will assist Cong Ly Ltd. in expanding this wind farm through
the examination of the technical challenges that arise from an offshore
location. The study will include a wind resource and energy assessment, a
review of permitting and land control issues, an electrical grid interconnection
and foundation design, construction cost estimates, and a financing plan. This
project is a key deliverable of the U.S.-Asia Pacific Comprehensive Energy
Partnership (USACEP), a whole-of-government initiative that seeks to build U.S.
business engagement in the region’s clean energy development, while stimulating
infrastructure and grid improvements.
The study builds upon USTDA’s portfolio of wind sector projects in Vietnam,
including an ongoing wind grid code development and renewable integration
feasibility study being undertaken in cooperation with the Electricity
Regulatory Authority of Vietnam and General Electric International, Inc. In
2013, USTDA brought wind power project developers to the United States to meet
with U.S. wind turbine manufacturers and the Export-Import Bank of the United
States. Cong Ly Ltd. was one of those companies, and in December 2014, Cong Ly
Ltd. signed a contract for over 50 General Electric turbines with financing from
Ex-Im Bank for Phase II of the Bac Lieu Wind Farm.
The opportunity to conduct the USTDA-funded feasibility study for Phase III will
be competed through Federal Business Opportunities. A link to the FBO
announcement will be posted to USTDA’s website at www.ustda.gov. Interested
U.S. firms should submit proposals according to the instructions in the FBO
announcement.
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