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Thien Phu 2 Wind Farm is a 416.4MW offshore wind power project. It is planned in South China Sea, Ben Tre, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027. Buy the profile here.

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The project is being developed by Thien Phu Energy Investment. The project is co-owned by Lee & Lee and Queen Capital Finance, with their respective ownership stake of 50% each. The project will be spread over an area of 36km².

The wind power project consists of 10 turbines each with 3 MW nameplate capacity and 92 turbines each with 4.2 MW nameplate capacity respectively.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.

Power purchase agreement

The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement. The power will be sold at the rate of $0.098kWh for a period of 20 years.

For more details on Thien Phu 2 Wind Farm, buy the profile here.

About Thien Phu Energy Investment

Thien Phu Energy Investment Corp (Thien Phu Energy Investment) is a developers in the field of onshore and offshore wind farms. The company is headquartered in Vietnam.

This content was updated on 10 November 2023

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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.