Superblock plans to invest THB 20.7 billion in three near-shore wind farms, with 142MW off the coast of Bac Lieu, 98MW off Soc Trang, and 100MW at Ca Mau, company chairman Jormsup Lochaya said.
Construction has already started and the sites are due to be operational by 2020, according to an interview with international news agency Reuters.
The remaining 340MW of capacity will be built in the same three provinces once the first phase of investment is concluded. It is not clear whether the second phase projects will be onshore or offshore.
Vietnam currently has 231MW of installed capacity, according to Windpower Intelligence, the research and data division of Windpower Monthly.
The vast majority of this is concentrated in the south of the country, with 132MW onshore and the remaining 99MW offshore.