Haiphong LNG-to-power facility
Sector: Solar • Location: Haiphong, Vietnam
Source: Bloomberg
Vingroup JSC has proposed to replace a large liquefied natural gas power project with renewable energy, citing surging fuel prices linked to the Middle East conflict. The company suggested shifting to a mix of solar and wind power paired with battery storage. The project is planned to have a capacity of 4.8 gigawatts, with the first phase targeted for operation by 2030. Vingroup has secured turbin
- Status
- Prospective
- Sector
- Solar, Wind, Natural Gas, LNG, Energy Storage, Power Generation (CCGT)
- Location
- Haiphong, Vietnam
- Updated
- 22 Jul 2026
- Source
- Bloomberg
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Vingroup JSC has proposed to replace a large liquefied natural gas power project with renewable energy, citing surging fuel prices linked to the Middle East conflict. The company suggested shifting to a mix of solar and wind power paired with battery storage. The project is planned to have a capacity of 4.8 gigawatts, with the first phase targeted for operation by 2030. Vingroup has secured turbines for the initial tranche from GE Vernova Inc. |
Original sector | Energy |
Location
Country | Vietnam |
City | Haiphong |
Source
Source | Bloomberg |
URL |
More Details
Record type | Project |
Sector | Solar, Wind, Natural Gas, LNG, Energy Storage, Power Generation (CCGT) |
Article published date | 2026-04-03 |
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