Monday 9 December 2019

Siemens Gamesa to supply turbines for Vietnam project

BERLIN, July 23, 2019

Siemens Gamesa Renewable Energy (SGRE) said it has secured an order to supply seven SG 4.5-145 for No. 5 Thanh Hai 1 wind farm, its first nearshore project in Vietnam.

Additionally, SGRE will provide operation and maintenance (O&M) services for the project for the next 10 years.

The company has leveraged its offshore wind power leadership to re-engineer onshore wind turbines, adapting them to the marine environment and ensuring best-in-class reliability and cost of energy, said a statement from the company.

The order marks the debut of this turbine model in the country and is the first agreement with Tan Hoan Cau, a leading independent power provider in Vietnam specialising in hydro and wind power, it said.

Siemens Gamesa Onshore CEO for Asia Pacific Richard Paul Luijendijk said: “As the industry leader in offshore wind, we can leverage our unmatched experience and know-how in the industry to adapt our onshore turbines to meet this project’s requirements and optimise project economics for the customer.”

“We are coordinating the discussions with the financing parties, which includes at this stage the Danish Export Credit Agency, an international bank and one of Vietnam’s largest banks,” he said.

“For two years we have been working on a tailored financing solution to address Tan Hoan Cau JSC’s requirements and the challenges of the Vietnamese market and offer our customer the most bankable and competitive debt package available in the market,” he added.

In addition to Vietnam, Siemens Gamesa's footprint in Asia Pacific extends to China, Japan, South Korea, Indonesia, the Philippines, Thailand, Australia and New Zealand, where it has already installed more than 7.6 GW of onshore turbines.

In the offshore segment, the company has developed strongly in this region following the signing of orders to supply 1.5 GW in Taiwan and preferred supplier agreements for an additional 831 MW in Japan and Taiwan, it stated. – TradeArabia News Service


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