Binh Thuan Offshore Wind Project is a 4,000MW offshore wind power project. It is planned in South China Sea, Binh Thuan, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2030. Buy the profile here.

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Description

The project is being developed and currently owned by The AES. The company has a stake of 100%.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2030.

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About The AES

The AES Corp (AES) is a power utility. It generates, transmits, and distributes electricity. The company produces energy using the hydro, pet coke, diesel, biomass, oil, solar, heavy fuel oil, landfill gas, wind, coal, gas, and energy storage sources. Under power purchase agreements, it sells the electricity to utilities, industrial users, and other intermediaries. The company also owns and operates electric utilities, which generate, purchase, transmit, distribute, and sell electricity to serve customers in the residential, industrial, commercial, and governmental sectors. The company has operational presence in North America, Asia, Europe, South America, Central America, and the Caribbean. AES is headquartered in Arlington, Virginia, the US.

This content was updated on 10 July 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.