The Phuong Mai 3 Wind Power Plant, which has an annual capacity of 55 MW, was the first wind power project in Vietnam. Construction was kicked off in September 2007 in the Nhon Hoi Economic Zone in the central province of Binh Dinh. The plant was built on 140ha of land, at a cost of more than USD35.7 million, invested in by the Central Region Wind Power JS Company. Phuong Mai 3 Wind Power Plant has 14 turbines, 14 transformers and it can supply over 55 million kWh of power a year.

Switzerland-based Aerogie Plus is working on a diesel-wind power plant on the island of Con Dao, in the southern province of Ba Ria – Vung Tau, with a total investment of Eur. 20 million. The investor has signed a power purchase contract with local authorities. According to design, this plant will operate with 2 systems: wind turbines and diesel turbines. The construction began in early 2009 and the plant will become operational in 2010.

Another wind-power project named Tuy Phong, which is located on an area of 1,500 ha in Tuy Phong district, the central province of Binh Thuan, will connect to the national power grid with an initial capacity of 7.5 MW this August. The investor is the Vietnam Renewable Energy JS Company.

The Cau Dat Wind Power Plant project is scheduled to get underway in Da Lat City, the Central Highlands province of Lam Dong in 2010, in the form of build – operate – own (BOO). The plant is built on 2ha of land, with designed capacity of 30MW and 20 wind turbines. The total investment is USD57 million.  Once this plant is put into operation in June 2011, it will supply around 90 million kWh per year. The investor is Cavico Transport Corporation.

Over 20 wind power projects are currently underway with the ability to generate an expected electricity output of 20,000 MW. However, none of these projects have been put into operation and connected with the national grid. The slow process of implementation of wind-power production is attributed to its high costs.