X
  • Renewable Power
  • Nuclear Power
  • Thermal Power
Power Gen Advancement
  • Home
  • News
    689 MW of Offshore Wind Projects

    689 MW of Offshore Wind Projects Awarded in South Korea

    Global Solar Installations

    Global Solar Installations Grew 64% More in 2025 First Half

    CHSN01 is a breakthrough

    The New Metal from China – The CHSN01 is a Breakthrough

    US Companies Advance Renewables

    US Companies Advance Renewables Inspite of Policy Setbacks

    Fusion Energy Projects in the UK

    Fusion Energy Projects in the UK Get Government Support

    26 MW offshore wind turbine

    China Installs Most Powerful 26 MW Offshore Wind Turbine

    Cross Border Renewable Energy Projects

    5 New Cross-Border Renewable Energy Projects Approved by EC

    UK Solar Capacity

    UK Solar Capacity Sets New Generation Record with Rollouts

    NextGen Triboelectric Nanogenerators TENGs

    China Develops Next-Gen Triboelectric Nanogenerators – TENGs

  • Market Moves
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Thermal Energy Storage Market

    Thermal Energy Storage Market Growth Driven by Clean Energy

    Offshore Wind Turbine Market

    Offshore Wind Turbine Market to Hit $39.2 Billion by 2031

    Gen AI Drone

    Gen AI & Drone Assets Transforming Energy & Utilities Sector

    Electricity Grid in UK

    How Electricity Grid in the UK is Witnessing Transformation

    UK Battery Storage

    The Evolving UK Battery Energy Storage Systems Market

    Hydrogen Fueling Station Market to Reach $2.88B by 2030

    Hydrogen Industry to Grow 10.4% CAGR, Hit $47.83B by 2034

    Hydrogen Fuel Cells Market to Reach $5.9 Billion by 2031

  • Press Statements
    Asian Agri PLN Signs Agreement

    Asian Agri, PLN Signs Agreement to Supply Renewable Energy in North Sumatra

    Delivery of Natural Gas Turbines

    Georgia Power Receives Delivery of Natural Gas Turbines

    Banpu Supercharges Clean Energy Portfolio

    Banpu Supercharges Clean Energy Portfolio with 350 MW Battery Project in Australia to Advance Decarbonization Goal

    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Energy Evolution Conference 2026

    Energy Evolution Conference 2026: Shaping the Future of Renewable Energy in Dubai

    Eaton-announces-breakthrough

    Eaton announces breakthrough, AI-powered innovation to help utilities strengthen wildfire prevention efforts

    First-Digital-Twin

    ETAP and Schneider Electric Unveil Worlds First Digital Twin to Simulate AI Factory Power Requirements from Grid to Chip Level Using NVIDIA Omniverse

    E-world 2025 has started with record participation

    Houston to host key hydrogen summit as industry faces new political landscape

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
  • Home
  • News
    689 MW of Offshore Wind Projects

    689 MW of Offshore Wind Projects Awarded in South Korea

    Global Solar Installations

    Global Solar Installations Grew 64% More in 2025 First Half

    CHSN01 is a breakthrough

    The New Metal from China – The CHSN01 is a Breakthrough

    US Companies Advance Renewables

    US Companies Advance Renewables Inspite of Policy Setbacks

    Fusion Energy Projects in the UK

    Fusion Energy Projects in the UK Get Government Support

    26 MW offshore wind turbine

    China Installs Most Powerful 26 MW Offshore Wind Turbine

    Cross Border Renewable Energy Projects

    5 New Cross-Border Renewable Energy Projects Approved by EC

    UK Solar Capacity

    UK Solar Capacity Sets New Generation Record with Rollouts

    NextGen Triboelectric Nanogenerators TENGs

    China Develops Next-Gen Triboelectric Nanogenerators – TENGs

  • Market Moves
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Thermal Energy Storage Market

    Thermal Energy Storage Market Growth Driven by Clean Energy

    Offshore Wind Turbine Market

    Offshore Wind Turbine Market to Hit $39.2 Billion by 2031

    Gen AI Drone

    Gen AI & Drone Assets Transforming Energy & Utilities Sector

    Electricity Grid in UK

    How Electricity Grid in the UK is Witnessing Transformation

    UK Battery Storage

    The Evolving UK Battery Energy Storage Systems Market

    Hydrogen Fueling Station Market to Reach $2.88B by 2030

    Hydrogen Industry to Grow 10.4% CAGR, Hit $47.83B by 2034

    Hydrogen Fuel Cells Market to Reach $5.9 Billion by 2031

  • Press Statements
    Asian Agri PLN Signs Agreement

    Asian Agri, PLN Signs Agreement to Supply Renewable Energy in North Sumatra

    Delivery of Natural Gas Turbines

    Georgia Power Receives Delivery of Natural Gas Turbines

    Banpu Supercharges Clean Energy Portfolio

    Banpu Supercharges Clean Energy Portfolio with 350 MW Battery Project in Australia to Advance Decarbonization Goal

    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Energy Evolution Conference 2026

    Energy Evolution Conference 2026: Shaping the Future of Renewable Energy in Dubai

    Eaton-announces-breakthrough

    Eaton announces breakthrough, AI-powered innovation to help utilities strengthen wildfire prevention efforts

    First-Digital-Twin

    ETAP and Schneider Electric Unveil Worlds First Digital Twin to Simulate AI Factory Power Requirements from Grid to Chip Level Using NVIDIA Omniverse

    E-world 2025 has started with record participation

    Houston to host key hydrogen summit as industry faces new political landscape

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
Power Gen Advancement
No Result
View All Result
Home America

GE and Phu Cuong Group Formalize Joint Development Agreement for 800 MW Wind Project in Vietnam

in America, Projects, Renewable Power, Wind Energy

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

GE Renewable Energy, global wind and solar company Mainstream Renewable Power and local Vietnamese partner the Phu Cuong Group today participated in a ceremony to formalize a US$2bn Joint Development Agreement to develop, build and operate the 800 MW Phu Cuong Wind Farm in the Soc Trang province of Vietnam.

The deal was one of five agreements valued at more than $5 billion that GE  announced   to support the development of Vietnam’s energy and aviation sectors during a signing ceremony that was part of Vietnam’s Prime Minister Nguyen Xuan Phuc visit to the United States.

Today’s agreement marks the next phase of the collaboration on the project announced in November 2016 that is being developed with local partner Phu Cuong Group. The project is in support of the 1 GW initiative that GE and the Ministry of Industry and Trade signed in May 2016. The Wind Farm is expected to be the largest wind farm in Vietnam and will be completed in two phases with the first phase of approximately 200 MW expected to reach financial close in 2018. GE Renewable Energy has been earmarked as the equipment provider for both phases.

“This is a significant step forward in terms of taking the first phase of this project into construction next year, and in doing so supporting Vietnam in its aim of delivering one gigawatt of renewable energy by 2020. Today’s agreement is central to Mainstream’s strategic focus of bringing large-scale, low-cost renewable energy to high-growth markets across Asia, Africa as well as South and Central America. We look forward to working closely with our partners in bringing this project to fruition.” said Mainstream’s Chief Operating Officer Andy Kinsella. This agreement in Vietnam marks Mainstream’s first large scale investments in Asia, following the establishment of gigawatt-scale portfolios in South America and Africa.

Deputy GM for the Phu Cuong Group, Phạm Quốc Anh said : “Producing electricity from wind energy is a new market in Vietnam. As one of the pioneers, Phu Cuong Group wants to work with strong partners with capacity to ensure the quality of the project. GE and Mainstream are the best partners in this area. We are confident that this collaboration will bring success to the project, contributing to the development of green power to the people of Vietnam.”

Wouter Van Wersch, President and CEO of GE ASEAN said, “This next step in the project further strengthens the collaboration between our three companies and reinforces our shared commitment to using technology innovation to support Vietnam’s renewable energy goals. We look forward to developing more wind power projects in accordance with the 1 GW initiative signed with the Ministry of Industry and Trade last year.”

GE Renewable Energy has deep roots in Vietnam. The company’s manufacturing plant in the seaport city of Haiphong, which employs 500 workers, can produce multiple products including the 1.X Wind Turbine Generator and 2.X Wind Turbine Generator to electrical control systems components as well as fabrication components. Vietnam has established a goal of producing more than 10 percent of its power from Renewable Energy by 2030.

About Mainstream Renewable Power
Mainstream Renewable Power is the leading independent developer of utility-scale wind and solar power plants in high-growth emerging markets. It has a project development portfolio of 8.5GW across Africa, South and Central America and is focused on a number of markets in Asia including Vietnam and the Philippines. Mainstream is a market leader in South Africa and Chile where is has successfully won competitive tenders for approximately 2GW of wind and solar projects. The company has raised more than €1.3bn in project finance to date and employs 160 staff across five continents. Follow Mainstream Renewable Power on Twitter @Mainstreamrp and www.mainstreamrp.com

About GE Renewable Energy
GE Renewable Energy is a $10 billion start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 55 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy. Follow GE Renewable Energy on Twitter @GErenewables or www.gerenewableenergy.com

Contact
Tim Brown
GE Renewable Energy
+1 302 509 9352
timothy.s.brown@ge.com

Emmet Curley
Mainstream Renewable Power
+353 86 2411 690
emmet.curley@mainstreamrp.com

Pham Quoc Anh
Phu Cuong Group
+84-123-684-9999
quocanh@phucuonggroup.com

Previous Post

Wartsila to supply two power plants to an Investor Owned Utility in the USA

Next Post

Focus Electrical Energy Storage at Intersolar South America 2017

Related Posts

689 MW of Offshore Wind Projects
Asia Pacific

689 MW of Offshore Wind Projects Awarded in South Korea

September 9, 2025
US Companies Advance Renewables
America

US Companies Advance Renewables Inspite of Policy Setbacks

September 8, 2025
Renewables in the US
Renewable Power

Renewables in the US Hold Major New Electricity Share

September 8, 2025
26 MW offshore wind turbine
News

China Installs Most Powerful 26 MW Offshore Wind Turbine

September 4, 2025
Cross Border Renewable Energy Projects
Europe

5 New Cross-Border Renewable Energy Projects Approved by EC

September 4, 2025
NextGen Triboelectric Nanogenerators TENGs
Asia Pacific

China Develops Next-Gen Triboelectric Nanogenerators – TENGs

September 4, 2025
Next Post

Focus Electrical Energy Storage at Intersolar South America 2017

LatestNews

689 MW of Offshore Wind Projects
Asia Pacific

689 MW of Offshore Wind Projects Awarded in South Korea

September 9, 2025
Global Solar Installations
News

Global Solar Installations Grew 64% More in 2025 First Half

September 9, 2025
CHSN01 is a breakthrough
News

The New Metal from China – The CHSN01 is a Breakthrough

September 8, 2025
US Companies Advance Renewables
America

US Companies Advance Renewables Inspite of Policy Setbacks

September 8, 2025
Fusion Energy Projects in the UK
News

Fusion Energy Projects in the UK Get Government Support

September 4, 2025
26 MW offshore wind turbine
News

China Installs Most Powerful 26 MW Offshore Wind Turbine

September 4, 2025
Power Gen Advancement

About Us

Power Generation Advancement is a leading information centric website providing latest up to date information and happenings within the industry. The website is sub divided into 3 sectors updating the latest news and developments about Power Generation industry through Renewable Energy, Nuclear Energy, Thermal Energy sources. Power Generation Advancement runs with an objective to provide a one stop knowledge driven content to our reader and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Our Services
  • Contact Us
  • Download Mediapack
  • Newsletter Archive

System

  • Search
  • Sitemap
  • RSS Feed

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Market Moves
  • Press Statements
  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In