Ben Tre Offshore Project_Mainstream Renewable Power is a 500MW offshore wind power project. It is planned in South China Sea, Ben Tre, Vietnam. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 500 | – | 500 | Announced | Ben Tre, Vietnam | Advance Information Technologies; Mainstream Renewable Power |
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Description
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By GlobalDataThe project is being developed by Advance Information Technologies and Mainstream Renewable Power. The project is currently owned by Mainstream Renewable Power.
The project cost is expected to be around $1,398m.
Development Status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
About Advance Information Technologies
Advance Information Technologies Corp (AITC) designs, manufactures, and markets electronic systems . The company is located in Vietnam.
About Mainstream Renewable Power
Mainstream Renewable Power Ltd (Mainstream) is the renewable energy developer. The company carries out the development, finance, construction, and operation of large-scale renewable energy plants. It also develops and builds onshore, and offshore wind and solar power plants. Mainstream sold its projects to global utilities such as EDF Group and Orsted; and infrastructure funds, pension funds, and global brands. It has partnership with governments, developers, communities and financers. The company operates through its offices across Ireland, Vietnam, the Philippines, Canada, Egypt, Ghana, Senegal, the US, Chile and South Africa, among others. Mainstream is headquartered in Sandyford, Dublin, Ireland.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
