Chinese state-owned power giant plans $2.4bn green hydrogen project in Vietnam
The plant — to be built by a joint venture between Huadian Group and a local electricity producer — would be powered by 1.2GW of wind and 800MW of solar
A joint venture between Chinese state-owned power giant Huadian Group and local electricity producer Minh Quang, has revealed plans to build the largest green hydrogen project in Vietnam — a $2.4bn plant powered by 1.2GW of wind power and 800MW of solar.
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At a meeting with the local government in Quang Tri province, central Vietnam, the unnamed joint venture proposed a first phase at the Gio Linh industrial park that would be powered by 200MW of solar, which would later be followed up with a much larger second phase.
The completed project would cost $2.392m to construct, and use about 1GW of both alkaline and PEM electrolysers to produce 60,000 tonnes of green hydrogen a year.
The chairman of the Quang Tri Provincial People’s Committee, Vo Van Hung, gave permission for the JV to carry out surveys and research in the region, as well as establish a pre-feasibility project, while requesting that the province’s departments and agencies “create favourable conditions” for the project.
Huadian Group (also known as China Huadian) is one of the five largest state-owned power-generation enterprises in China, supplying about 10% of the country’s electricity.
The Chinese company already operates the 1.32GW coal-fired Duyen Hai 2 power plant in southern Vietnam and the 200MW Dak Lak wind farm in the country’s central highlands.
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