GE Renewable Energy, Mainstream Renewable Power and local Vietnamese partner the Phu Cuong Group have participated in a ceremony to formalise a US$ 2 billion Joint Development Agreement to develop, build and operate the 800 MWPhu Cuong Wind Farm in the Soc Trang province of Vietnam.
The project is in support of the 1GW initiative that GE and the Ministry of Industry and Trade signed in May 2016. The Wind Farm is expected to be the largest wind farm in Vietnam and will be completed in two phases with the first phase of approximately 200MW expected to reach financial close in 2018. GE Renewable Energy has been earmarked as the equipment provider for both phases.
