GE Renewable Energy wins one of the Largest Onshore Wind Contracts in South-east Asia
Contract signed with BIM Wind JSC, a joint venture company between Philippines AC Energy and Vietnam BIM Energy Holding for an 88 MW wind farm
Selection of the GE Cypress turbine, GE s largest onshore wind turbine
Wind farm expected to be commissioned by the end of third quarter of 2021
Order includes a 15-year full-service O&M contract
Hanoi, Vietnam - May 27, 2021 -GE Renewable Energy announced today it has secured a contract with BIM Wind JSC ( BIM Wind ), a project joint venture company between AC Energy, the power generation platform of Ayala Corporation, one of the largest Philippine conglomerates, and BIM Energy Holding, the renewable energy platform of BIM Group, one of Vietnam s largest privately-owned conglomerates, to supply, install and commission GE Cypress onshore wind turbines for BIM Wind s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam.
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Delivering the onshore wind energy targets in the Climate Action Plan will generate €2.7 billion of investment over the next 10 years, create thousands of new jobs, and could be worth €550 million per annum to the Irish economy.
The figures come from a new report, ‘Economic Impact of Onshore Wind in Ireland’, produced by KPMG for Wind Energy Ireland and launched at the association’s Annual Conference on 15 April 2021. It is the most comprehensive economic analysis of the industry done to date.
Noel Cunniffe, Acting Chief Executive Officer for Wind Energy Ireland, said: “Onshore wind energy is employing more than 5000 people today and investing hundreds of millions in our economy, primarily in rural Ireland. Today’s report from KPMG shows that if we deliver the target set out in the Climate Action Plan it will mean more jobs, more investment and stronger communities across the country.”
The Economic Impact of Onshore Wind in Ireland report, produced by KPMG for Wind Energy Ireland, also found hitting the goals would create thousands of new jobs and could be worth €550m per annum to the Irish economy.
Wind Energy Ireland acting chief executive Noel Cunniffe said: Onshore wind energy is employing more than 5,000 people today and investing hundreds of millions in our economy, primarily in rural Ireland. Today’s report from KPMG shows that if we deliver the target set out in the Climate Action Plan it will mean more jobs, more investment and stronger communities across the country.
Industry leaders to speak at Wood Mackenzie s inaugural European Power & Renewables Conference
Join executives from Lightsource BP, Vattenfall, BEIS, the European Commission, Ocean Winds as new event assesses impact of European Green Deal and COP 26
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LONDON, April 7, 2021 /PRNewswire/ 2021 will be pivotal for Europe s energy sector. As the UK prepares to host COP 26 in Glasgow, the EU is mobilising its €1 trillion European Green Deal. And the industry itself is striving to meet ambitious emissions reduction targets and decarbonise the energy system.
As European and national energy regulators, utilities, solar and wind developers and institutional and private investors lay the foundations of an unprecedented effort to decarbonise the continent s energy matrix, Wood Mackenzie will gather European energy industry leaders at