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Vestas wins second EPC contract in Vietnam

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Vestas has won its second full Engineering Procurement Construction (EPC) contract in Vietnam with REE Corporation’s 48 MW Tra Vinh V1-3 project, a publicly listed Vietnamese company.

With the delivery, installation and commissioning of 12 V150-4.2 MW wind turbines delivered in 4.0 MW operating mode, as well as the civil and electrical work of the project, Vestas would have a complete turnkey solution.

We are thrilled to secure our second EPC intertidal project in Vietnam which showcases the trust that our customers have in our capabilities across the full range of projects including intertidal which are located in complex and challenging environments. I would like to thank REE Corporation for choosing us to deliver end-to-end reliability for their wind project.”

Clive Turton, president of Vestas Asia Pacific.

We are excited to partner with Vestas in their role as the EPC contractor for the Tra Vinh V1-3 project, and we look forward to the successful implementation of our first nearshore wind farm project with Vestas.”

Nguyen Thi Mai Thanh, CEO of REE Corporation.

The order also contains a service agreement for 20 years of Active Output Management 5000 (AOM 5000), designed to increase the site’s energy efficiency. Through a yield-based usability guarantee, Vestas can have long-term business case assurance for the consumer.

This will be the sixth 20-year long-term contract agreement signed by Vestas in Vietnam.

The construction of the project is expected to be completed in the fourth quarter of 2021, ahead of the current wind feed-in tariff deadline in Vietnam.

Nedim Husomanovic

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