Loi Hai 2 Wind Farm Project – 28.8 MW

Gold Standard

Loi Hai 2 Wind Farm Project – 28.8 MW

Carbon credits from Wind Power in Vietnam.

Standard
Gold Standard
Project identifier
GS11170
Country
Vietnam
Project activity
Wind Power
Listed vintages
2022

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About this carbon credit project

The Loi Hai 2 Wind Farm Project is an onshore wind power plant located in the Loi Hai commune of Ninh Thuan province, Vietnam. Developed by Thuan Binh Wind Power Joint Stock Company, the project involves the installation and operation of seven Vestas wind turbines with a total capacity of 28.8 MW. The clean electricity generated is supplied to the Vietnamese national grid, which is predominantly powered by fossil fuels. By displacing fossil fuel-based power generation, the project is expected to reduce greenhouse gas emissions by an average of 79,265 tonnes of CO2 per year. Environmental Benefits: The primary environmental benefit is the generation of clean, renewable energy, contributing directly to climate change mitigation. By supplying an estimated 91,731 MWh of renewable energy to the grid annually, the project helps reduce Vietnam's reliance on imported fossil fuels and decreases air pollution associated with conventional power plants. Social and Community Benefits: The project actively contributes to local sustainable development. During its construction and operational phases, it creates employment opportunities for local workers, promoting economic growth in the region. The project is committed to providing training for its employees, enhancing the local skill base. Furthermore, by providing a stable supply of electricity, it helps ensure energy security for the province, which is crucial for supporting industrialization and improving the quality of life for households that have faced electricity shortages.

Project assessment and evidence

CRISP project rating: 3.9 / 5

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Read the CRISP assessment for Loi Hai 2 Wind Farm Project – 28.8 MW

Listed Sustainable Development Goals

  • 7. Affordable and Clean Energy
  • 8. Decent Work and Economic Growth
  • 13. Climate Action

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