Ayala Corp. to Build Vietnam’s Biggest Wind Farm

AC Energy, an Ayala Corporation subsidiary, is building the largest wind farm in Vietnam. Located in the coastal area of the Quang Binh province, the project is joint with AMI Renewables, with a total capacity of 210 MW. The project will be completed in two phases, the first with a capacity of 109.2 MW and the second with a capacity of 100.8 MW.

AC Energy said in a statement “With the aim of qualifying for the current round for wind feed-in-tariff of 8.50 US cents per kWh, the project is set to be commissioned in the third quarter of 2021.”

Eric Francia, AC Energy president and CEO said “We are excited to embark on what would be the largest wind project for Vietnam as well as for AC Energy.”

He added “We continue to transition to a low carbon portfolio, and work toward our goal of reaching 5,000 MW of renewables capacity by 2025.”

Patrice Clausse, chief operating officer of AC Energy International said AC Energy sees Vietnam as a key market as it aims to be the one of the largest listed renewables platforms in Southeast Asia.”