GE Eyes Renewable Energy Sources in Vietnam
GE Energy, one of the world's leading power generation technology and power distributors, has advanced its interest in renewable energy sources including wind and biomass materials in Vietnam, said Nguyen Xuan Thang, director of GE Energy in Vietnam.
Last month, GE kicked off construction of a plant to manufacture wind-to-power turbines at a total cost of US$61 million in the northern port city of Haiphong.
Once operational in the first quarter of 2010, the plant is expected to provide 1,500 wind-to-power turbines with a capacity of 1.5 MW each annually.
Apart from the hope to help Vietnam build wind-to-power plants, GE Energy expressed a desire to produce wind power in the Southeast Asian country.
Vietnam is evaluated to have a huge wind energy potential with a feasible capacity of 10 GW on a theoretic capacity of 100 GW, and a serviceable capacity of 1.6 GW of biomass which is produced from cane, bagasse, cassava, wood, and animal waste. (Investment)
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