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Vestas wins first V150-4.2 MW order in Southeast Asia for project in Vietnam

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News release from Vestas Asia Pacific
Singapore, 29 March 2019

Vestas has won its first V150-4.2 MW order in Southeast Asia for a project in Vietnam with an undisclosed foreigner investor. Featuring the V150-4.2 MW wind turbine, one of the highest producing low-wind turbines in the industry, this project delivers a very competitive cost of energy for the customer. 

This 42 MW order includes supply and installation of 10 V150-4.2 MW wind turbines as well as a ten-year AOM 5000 energy-based service agreement, both of which contribute to an attractive cost of energy and a solid business case. This is Vestas’ fifth project in Vietnam and the first that includes a supply and installation scope. By providing supply and installation to the customer, Vestas will be de-risking the project through eliminating the need for the customer to manage different installation suppliers and contractors.

Additionally, to reduce the overall project cost for the customer, the project team has customised slimmer 105-metre site-specific towers that require less steel.  With its past project experience as well as deep understanding of the country, Vestas was able to develop an attractive transportation and logistics solution to deliver what will be the biggest turbines in Vietnam with its 73.7-meter-long blades.

“This important win showcases the potential of Vietnam as one of the key Southeast Asian countries to attract investors to grow its wind energy sector”, said Clive Turton, President of Vestas Asia Pacific. “With our in-depth market knowledge, ability to provide customised solutions and our established local presence in Vietnam, Vestas is ready to support the nation’s growing ambition to increase renewable energy sources”.

With a coastline of more than 3,000 km and located in the monsoonal climate zone, Vietnam has one of the best wind potentials in Southeast Asia region. Turbine delivery is expected to commence around the last quarter of 2019.

For more information, please contact:
Stephanie Foo
Senior Manager, Marketing & Communications, Asia Pacific
Tel: +65 9645 4558   
Mail: FOHKH@vestas.com

About Vestas
Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service wind turbines across the globe, and with 101 GW of wind turbines in 80 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and 86 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 24,600 employees are bringing the world sustainable energy solutions to power a bright future.

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