Project Overview
Southeast Asia’s reliance on fossil fuels to meet rising demands for energy is making the continent vulnerable in today’s energy crisis. Vietnam has suffered from this reliance, with the country often experiencing electricity shortages and power cuts. If the country is to meet its energy security and emission targets, improving energy efficiency and transitioning to renewable energy is essential.
Solution Description
This project aims to contribute to Vietnam’s energy transition by constructing a 90 MW onshore wind power plant in Hoa Thang commune, Binh Thuan province. The plant will consist of 18 wind turbines, which will convert wind energy into electricity. This clean electricity will be integrated into the national grid through a new transmission line. The project includes installing digital, bi-directional electricity meters to monitor energy flow at connection points, aiming to reduce reliance on fossil-fuel-based power generation.
Impact
The project aims to reduce greenhouse gas emissions (with an annual estimated credits of 214,728) by displacing fossil fuel-based electricity generation with clean, renewable wind power. By providing a stable and renewable energy source, the wind power plant contributes to improving energy security in the region, benefiting both local communities and businesses. Additionally, the project is expected to create local employment opportunities during both the construction and operational phases. The infrastructure improvements, such as road rebuilding during the construction phase, further enhance the region’s development.
Project Information
Project Name: Thai Hoa Wind Power Project
Structure: South Pole acts as Carbon Asset Developer
City: Bac Binh district
Country: Viet Nam
Solution Type: Wind Onshore
Methodologies: CDM-ACM0002-Grid-connected electricity generation from renewable sources
Project Partner: Pacific – Binh Thuan Energy Joint Stock Company
Scale: Large scale
Grouping: Single Project
Sectoral Scope: Energy (renewable/non-renewable)
Standard: GOLD STANDARD VERIFIED EMISSION REDUCTION
Registries: GS 11251
Price: Start from $18/tCO2e
