Ia Phang 2 Wind Farm is a 201.4MW onshore wind power project. It is planned in Gia Lai, Vietnam. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 201.4 201.4 Permitting Gia Lai, Vietnam Thien Phu Energy Investment

Description

The project is being developed and currently owned by Thien Phu Energy Investment.

The project is expected to generate 642,371MWh of electricity.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2023.

Power Purchase Agreement

The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement at the rate of $0.085kWh. The offtake capacity is expected to be 201.4MW.

Contractors Involved

Ia Phang 2 Wind Farm (Ia Phang 2 Wind Farm_Phase A) will be equipped with GE Renewable Energy turbines. The phase consists of 19 turbines, each with 5.3MW nameplate capacity.

Ia Phang 2 Wind Farm (Ia Phang 2 Wind Farm_Phase B) will be equipped with GE Renewable Energy turbines. The phase consists of 19 turbines, each with 5.3MW nameplate capacity.

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.

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.