Heavy debt eats into wind energy companies’ profits
HCMC – High financial leverage and negative cash flow are weighing on wind power firms, making their debt five- or six-fold higher than equity. Trung Nam Dak Lak 1 Wind Power JSC, which owns the largest wind power plants in the country with a designed capacity of 400 MW, incurred a loss of VND860
Wind farms cease operations due to northeast monsoon
HCMC – The current power capacity of wind farms has exceeded the safety level due to the northeast monsoon, leading to their stoppage, according to the National Load Dispatch Center. This year’s northeast monsoon packed with gusts has struck Vietnam late, directly impacting the wind farms in the