AC Energy starts construction of wind projects in Vietnam

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AC Energy, together with its partner UPC Renewables has started construction of two wind projects with an aggregate capacity of 60 megawatts (MW) in the Mekong Delta of southern Vietnam.

The projects will be fitted with wind turbines from Vestas delivered in different power ratings with site specific towers which will utilize a record hub height of 162 meters, making them the tallest in Vietnam to date to maximize energy yields on both sites.

With the aim of qualifying for the current round for wind feed-in-tariff of 8.5 US cents per kilowatt hour, both projects are set be commissioned in the third quarter of 2021.

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“We look forward to building these innovative projects in Vietnam as our first projects in country in partnership with AC Energy. The synergies between UPC Renewables and AC Energy continue to allow us to advance innovative and challenging renewable energy projects in the Asia-Pacific region and we look forward to working with AC Energy again to advance wind energy in Vietnam,” Brian Caffyn, UPC Renewables’ chairman and chief executive officer, said in a statement.

AC Energy International chief operating officer Patrice Clausse said the turbines from Vestas will be “a game-changer that will enhance the competitiveness of wind energy.”

AC Energy will participate in both projects with a 50 percent voting stake through its wholly-owned subsidiary, AC Energy Vietnam Investments 2 Pte. Ltd. while Vestas Asia Pacific will provide an active output management service agreement for up to 20 years.

The partnership between UPC Renewables and AC Energy started in 2013 during the development, construction and operation of the 81 MW North Luzon Renewables in Pagudpud, Ilocos Norte.

It was followed in 2018 with the development of the first 75 MW utility-scale wind farm in Indonesia and the formation of development platforms in Australia, India and Vietnam.

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