Project Overview
Vinh Hau A commune, located in Hoa Binh district, Bac Lieu province, Vietnam, previously relied heavily on electricity generated from fossil fuels. This electricity was exclusively supplied to consumers by Vietnam Electricity (EVN) through the national grid, which is primarily powered by conventional, non-renewable energy sources.
Solution Description
The Hoa Binh 1 Wind Power Project harnesses the power of wind to generate 50 MW of renewable energy through 13 turbines. This energy production contributes 151.558 GWh annually to the national grid, reducing the need for fossil fuel-based power generation. The electricity is supplied through a newly constructed transmission line, ensuring efficient distribution to the grid.
Impact
The project works toward reducing greenhouse gas emissions by replacing fossil fuel-based electricity with clean wind energy. It seeks to cut 135,833 tCO2e emissions per year and support Vietnam’s renewable energy goals. Additionally, the project hopes to create local opportunities to contribute to the economic development in Bac Lieu province. Finally, the project aspires to offer training to employees and help improve community health through i.e. free medical check-ups.
Sustainable Development Goals
To learn more about the Sustainable Development Goals verified by the standard for this project, please check the registry link.
Project Information
Project Name: Hoa Binh 1 Wind Power Project
Structure: South Pole acts as Carbon Asset Developer
City :Bac Lieu province
Country: Viet Nam
Solution Type: Wind Offshore
Methodologies: CDM-ACM0002-Grid-connected electricity generation from renewable sources
Project Partner: Cong ty Co phan Dau Tu Dien gio Hoa Binh 1
Scale: Large scale
Grouping: Single Project
Sectoral Scope: Energy (renewable/non-renewable)
Standard: GOLD STANDARD VERIFIED EMISSION REDUCTION
Registries: GS 10794
Price: Start from $16/tCO2e
