Functional Zone 4: Renewable Energy Zone

Van Phong Renewable Energy Zone

The green energy development zone is planned over an area of 1,500 hectares, featuring strong wind potential with an average wind speed of 8.5 m/s, and abundant solar resources with approximately 2,600 sunshine hours per year.
The zone is designed in accordance with sustainable development standards, making it suitable for large-scale clean energy projects.

Renewable Energy Technologies

• Onshore wind power with a capacity of 500 MW – 2,000 MW

• Solar farm projects with a capacity of 200 MW – 500 MW

• Tidal energy (subject to suitable conditions)

• Battery energy storage systems (BESS) with a capacity of 100 MWh

• Biogas plants utilizing agricultural waste

• Hybrid solar + storage systems

Sustainability Development Criteria

• Zero emissions during operation

• 100% renewable energy usage

• Compliance with ISO 14001 international environmental standards

• 80% reduction in carbon emissions compared to fossil fuel-based energy

• Protection of marine and forest ecosystems

• Competitive electricity costs (LCOE < USD 5/MWh)

Economic Advantages

With exceptional wind and solar potential, the Van Phong Renewable Energy Zone is capable of generating 5,000 – 8,000 GWh of electricity per year, sufficient to supply power for approximately 2 million households.
Electricity generation costs in this zone are expected to be 20–30% lower than in other regions of Vietnam, creating strong competitiveness for energy-intensive industrial enterprises.