Two energy giants register to build two wind farms with investment exceeding 4.8 trillion VND in Ca Mau

Two energy giants have registered to build two wind farms in Ca Mau, with a total investment exceeding 4.8 trillion VND.

Cause

The registration dossier opened on 11/06/2206 shows two wind power projects totaling 130 MW have registered investors to implement them in Ca Mau. The Dong Hai 1 Wind Plant - Phase 3 (50 MW) in Dong Hai commune has Bac Phuong Wind Energy Joint Stock Company as the registered investor. The Hoa Binh Wind Plant 5.1 (80 MW) in Vinh Hau commune has HaCom Bac Lieu Wind Energy Joint Stock Company as the registered investor.

Development

Dong Hai 1 Wind Plant - Phase 3

• Capacity: 50 MW
• Location: Dong Hai commune
• Investor: Bac Phuong Wind Energy Joint Stock Company
• Survey area: 2.682 ha; land use area: 13.7 ha
• Total investment: 2,062 billion VND
• Number of turbines: 8–10; turbine capacity: 5–6.25 MW
• Schedule: 33 months

Hoa Binh Wind Plant 5.1

• Capacity: 80 MW
• Location: Vinh Hau commune
• Investor: HaCom Bac Lieu Wind Energy Joint Stock Company
• Survey area: nearly 1.439 ha; land use: 32 ha
• Total investment: 2,805 billion VND
• Number of turbines: 16; turbine capacity: 5 MW
• Schedule: 30 months

Background: Bac Phuong Wind Energy Joint Stock Company

• Established on 26/05/2025 in Dong Hai district, Bac Lieu province; main business: electricity production
• Initial charter capital: 420 billion VND; major shareholders included Bac Phuong Investment (59.5%), Ms. Nguyen Thi Hien (25%), Mr. Mai Trong Thinh (5%), Mr. Nguyen Van Chuc (5.5%), Mr. Nguyen Duc Quang (5%)
• In November 2025, capital reduced to just over 188 billion; ownership changes: Bac Phuong Investment 65.41%, others
• In January 2026, capital increased to 420 billion
• Invest Bac Phuong Energy started in 2020 with initial capital 10 billion; Bac Phuong Energy JSC held 60%, Mr. Mai Trong Thinh (Chairman) 25%, Ms. Pham Thi Nhai 15%
• Updated in March 2026, the company changed to LLC, charter capital 776 billion; ownership shares unchanged but revised to 48.42%, 30%, 21.58%
• Bac Phuong, led by Mr. Mai Trong Thinh, has stakes in several energy ventures nationwide, such as Bac Phuong Energy JSC, BP Solar JSC, BP Son La Energy JSC, Solar Power BP Solar, and BP Son La Energy JSC

Background: HaCom Bac Lieu Energy Joint Stock Company

• Established June 2020 in Bac Lieu; initial capital 720 billion
• Founders: HaCom Holdings Investment JSC 99%, Mr. Nguyen Nhu Thuc 0.42%, Ms. Tran Thi Thu Thuy 0.58% each
• In 2021, capital rose to 1,170 billion; Mr. Tran Phu Chien has served as CEO since inception
• HaCom Holdings, established 2005, updated March 2026, charter capital 3,400 billion; main business: investing in real estate, civil and industrial construction, urban and industrial park infrastructure, energy projects, hotels and resorts, and renewable energy
• The company participates in social housing projects such as NOXH on the left bank of the Red River in Lao Cai; NOXH-01 in the K2 urban area in Khanh Hoa

Data/Stats

• Total investment in the two projects: 4,867 billion VND (about 4.867 trillion VND)
• Dong Hai 1 Wind Plant - Phase 3: capacity 50 MW; 8–10 turbines of 5–6.25 MW each; investment 2,062 billion VND; survey area 2.682 ha; land use 13.7 ha; schedule 33 months
• Hoa Binh Wind Plant 5.1: capacity 80 MW; 16 turbines of 5 MW each; investment 2,805 billion VND; survey area nearly 1.439 ha; land use 32 ha; schedule 30 months
• Investors: Bac Phuong Wind Energy Joint Stock Company; HaCom Bac Lieu Wind Energy Joint Stock Company

Impact

The projects add 130 MW of wind capacity in Ca Mau and involve total investments of about 4.867 trillion VND, signaling ongoing development of renewable energy capacity in the region.

Analysis/Expert Opinion

The source material does not include expert analysis or commentary.