Goldwind unveils ecosystem development strategy at APAC Wind Power Conference



Goldwind Unveils Comprehensive Ecosystem Strategy at APAC Wind Power Conference

At the Asia-Pacific Wind Power Conference (APAC), organized by the Global Wind Energy Council (GWEC) in Hanoi, Goldwind - a globally trusted strategic partner in the clean energy sector - officially announced its comprehensive strategy for building a sustainable energy ecosystem in the region. This event marks a significant milestone in the corporation's long-term commitment to the renewable energy market in Vietnam and other countries across the Asia-Pacific region.



Conference Background and Significance of the APAC Market

This year's APAC Wind Power Conference brought together over 1,500 delegates from 40 countries, including project developers, equipment suppliers, investors, and government agencies. It is considered the most important regional forum on wind energy development, particularly in the context of Asian countries accelerating their transition to clean energy to achieve carbon neutrality goals.



According to the latest GWEC report, the total installed wind power capacity in the APAC region reached over 150 GW in 2023, accounting for more than 40% of the global wind power capacity. Vietnam has emerged as a promising market with impressive growth rates, achieving an installed wind power capacity of over 4 GW by the end of 2023.



Goldwind's Position in the Global Wind Energy Industry

With over 25 years of development history, Goldwind has established itself as one of the world's leading wind turbine manufacturers. The corporation currently possesses high-performance and reliable wind turbine technology, installed in more than 20 countries globally.



In Vietnam, Goldwind has successfully implemented numerous large-scale wind power projects, including Vietnam's largest offshore wind project in Bac Lieu with a capacity of 310 MW. Goldwind's wind turbine technology is highly regarded for its adaptability to Vietnam's unique climatic conditions.



Goldwind's Ecosystem Strategy

At the conference, a Goldwind representative presented details of the company's comprehensive energy ecosystem strategy, focusing on five main pillars:



  1. Advanced Technology Development: Continued investment in research and development of high-performance wind turbines, energy storage technology, and intelligent management systems.
  2. Sustainable Supply Chain Development: Development of local supplier networks to reduce transportation costs and enhance sustainability.
  3. Training and Technology Transfer: Collaboration with technical training institutions in Vietnam to enhance the capacity of the local workforce.
  4. Flexible Financial Support: Provision of innovative financial solutions to attract investment into renewable energy projects.
  5. Multi-party Cooperation: Strengthening collaboration with governments, international organizations, and the private sector to promote clean energy development.

Impact on Vietnam's Energy Market

Goldwind's ecosystem strategy is expected to bring significant benefits to Vietnam's energy market. According to expert assessments, this strategy will help:



  • Enhance domestic capacity in the renewable energy sector
  • Reduce dependence on fossil fuels
  • Create jobs and promote local economic development
  • Contribute to implementing emission reduction commitments made at COP26

Vietnam Wind Power Market Statistics

Indicator202120222023
Installed Capacity (MW)4101,4004,100
Growth Rate45%241%193%
Investment (billion USD)1.23.55.8

Expert Responses

Mr. Tran Van Luc, a renewable energy expert at the Vietnam Energy Institute, highly praised Goldwind's strategy: "The focus on building a comprehensive ecosystem demonstrates Goldwind's long-term vision. This approach will not only bring economic benefits but also contribute to the sustainable development of Vietnam's energy sector."



According to Ms. Nguyen Thi Mai, Director of the Renewable Energy Agency under the Ministry of Industry and Trade: "We welcome commitments like Goldwind's. Technology transfer and domestic capacity development are key factors for the sustainable development of Vietnam's renewable energy sector."



Development Prospects

According to its plans, Goldwind will invest an additional $500 million in the Vietnamese market over the next five years, focusing on offshore wind projects and energy storage technology development. The corporation also aims to increase its market share in Vietnam from 15% to 25% by 2028.



Additionally, Goldwind will expand cooperation with research institutes and universities in Vietnam to develop high-quality human resources in the renewable energy sector. It is expected that this cooperation program will train over 1,000 engineers and energy experts in the next five years.



Conclusion

The announcement of its ecosystem strategy at the APAC Wind Power Conference reaffirms Goldwind's strong commitment to Vietnam's renewable energy market and the region. With advanced technology and a long-term vision, Goldwind is expected to make significant contributions to Vietnam's energy transition process, helping to achieve green development goals and reduce carbon emissions.



This event also marks a new step in international cooperation to develop clean energy, demonstrating the spirit of multi-party cooperation in addressing global energy challenges. In the context of increasingly severe climate change, strategies like Goldwind's have become more important than ever.