One of the highly efficient wind power projects currently operating in Vinh Long. Photo: BA THI, Vinh Long Newspaper
With a total designed capacity of 224 MW and an investment capital exceeding 11,284 billion VND, this marks one of the largest renewable energy development initiatives in the Mekong Delta region to date.
Groundbreaking ceremony for four wind power projects: V1-2 expansion, V1-3 phase 2, V1-5 and V1-6 phase 2, Dong Hai 3 (location V3-3). (Photo: Vinh Long Newspaper)
Speaking at the ceremony, a representative from the Vinh Long provincial leadership emphasized that the simultaneous commencement of four wind power plants demonstrates the province’s commitment to harnessing coastal wind potential. This initiative aligns with the national energy development strategy for renewable energy.
Vice Chairman of Vinh Long Provincial People’s Committee Nguyen Quynh Thien. Photo: Vinh Long Newspaper
Once operational, these four wind power projects are expected to supply approximately 718 million kWh annually to the national grid, contributing to energy security and reducing greenhouse gas emissions. Economically and socially, the projects will create jobs for about 400 workers during construction and 100 during operation, with an estimated annual contribution of 115 billion VND to the provincial budget.
According to the announcement, the four projects are being developed by two main investor groups. REE Corp, a major player in the energy sector with a total capacity exceeding 1,000 MW, is leading two of these projects. Chairwoman Nguyen Thi Mai Thanh provided detailed information on the projects under REE Corp’s leadership.
Specifically, the V1-3 wind power plant (phase 2) has a capacity of 48 MW and an investment of 2,257 billion VND. The other project is a joint venture between V1-5 and V1-6 (phase 2), with a larger capacity of 80 MW and a total investment of 3,864 billion VND.
The consortium led by TTVN Group and Japanese partners also includes two projects, each with a capacity of 48 MW. The V1-2 expansion wind power plant has a total investment of 2,392 billion VND and is being developed on an area of approximately 215.2 hectares by Truong Thanh Duy Hai Wind Power Joint Stock Company (a joint venture between TTVN Group and Tokyo Gas).
Similarly, the Dong Hai 3 wind power plant has a total investment of 2,771 billion VND and is being developed on an area of approximately 309 hectares by Dong Hai 3 Wind Power Joint Stock Company (a joint venture between TTVN Group and Kumagai Gumi).
The involvement of Japanese partners, who are industry giants, underscores the project’s significance. Tokyo Gas is Japan’s largest urban gas supplier, while Kumagai Gumi is one of the nation’s leading construction conglomerates. Notably, TTVN Group’s relationships with these partners have been proven through previous ventures. TTVN and Tokyo Gas are currently collaborating on the $2 billion Thai Binh LNG power project, and Kumagai Gumi acquired TTVN’s stake in the Cat Hiep solar power project (Binh Dinh).
Investors have committed to allocating resources to ensure all four plants commence commercial operations as scheduled in Q4 2026. They also expressed their hope for continued support from local authorities.
