Optimizing Vietnam’s Energy Potential
The Blue Circle, premier renewable energy companies in the Asia-pacific and its partner AC Energy, the power generation arm of Philippine conglomerate Ayala Corporation have signed Asia’s first notice with General Electric Renewable Energy (GE Renewable Energy). The companies will use GE’s new Cypress platform wind turbines. “We are thrilled that Blue circle and its partner AC energy have selected our brand new Cypress platform turbines. GE remains deeply committed to Vietnam’s energy future. Our 5Mw Cypress turbines are ideally suited to make the best use of Vietnam’s tremendous energy potential,” said Deepak Maloo, Regional Sales Leader of GE Onshore Wind.
The Game-changing Technology
Eight turbines will be used in this project with a unit capacity of 5MW for a total of 40MW and they will carry the largest rotor diameter for an onshore project in Asia and will also be the first to transport blades in two pieces before assembly on site. “This technology is a game changer for on shore sites, as it will allow larger capacity machines, lowering our cost of energy and enhancing competitiveness of wind energy,” said Herve Grillot, Chief Construction Officer of the Blue Circle. The Blue Circle has succeeded in securing the land and grid connection for the project in a difficult context.
Expensive and Complex Project
“The Binh Thuan Province is a very complex and challenging environment to implement a wind power project,” says Olivier Duguet, CEO of the Blue Circle. “We are now extending the Mui Ne project with a second 40MW phase to be commissioned in 2021,” he further added. Estimated cost of this project is around US$80 million. It will be financed by debt and equity.
