NovaWind, the wind energy division of Russian power firm Rosatom, has signed a cooperation settlement with An Xuan Power to develop a 128MW wind farm in Vietnam.
The proposed wind farm can be inbuilt Son La Province within the nation’s north-western area.
An Xuan Power CEO Nguyen Quang Luan signed the cooperation settlement with NovaWind CEO Grigoriy Nazarov.
Nazarov stated: “Now we have gained intensive experience as a wind energy venture developer in Russia and are able to deploy our competencies on the worldwide scale.
“Rosatom is already implementing numerous tasks in Vietnam within the discipline of power and science, and now these areas of cooperation are increasing.
“Wind energy tasks will each contribute to power safety and industrial improvement of the area and speed up nation’s transition to a sustainable power combine.”
Established in 2017, An Xuan Power is a improvement and funding firm that focuses on creating hydroelectric, photo voltaic, wind and biomass energy tasks.
In Vietnam, the corporate is at present creating a renewable power pipeline that features 140MW of photo voltaic and 430MW of wind power capability.
Luan stated: “We’re very enthusiastic about signing a cooperation settlement with NovaWind – Rosatom’s wind energy division – relating to a wind energy venture in Son La Province.
“It is going to convey financial and social advantages to the nation, the power system of Vietnam, in addition to folks within the province.
“We’re dedicated to work along with NovaWind to succeed in a profitable commerce operation as deliberate.”
Earlier this month, Rosatom introduced the start of the principle building works for the fourth and closing unit of the Akkuyu Nuclear Energy Plant (NPP) in Turkey.
The 4.8GW Akkuyu NPP is alleged to be the biggest three way partnership venture between Russia and Turkey.
It’s being delivered by Akkuyu Nuclear, a joint inventory firm majority-owned by Rosatom.