The Ecowin plant is an onshore wind farm project comprising nine wind turbines with 3.3MW capacity each. The project is operated by Ecowin Energy Corporation, a joint venture company owned by Ratch Group. The project has completed its trial run and reliability tests.

The Ecowin plant is the company’s third Vietnamese renewable power project in operation, along with the Song Giang 2 and Coc San hydroelectric power plants, with a total equity capacity of 49.63MW.

The company has two further projects under development, namely Song Giang 1 hydroelectric plant and Ben Tre wind farm with a combined equity installed capacity of 65.15MW. Both projects are scheduled to commence commercial operation in 2024 and 2025, respectively.

Choosri Kietkajornkul, CEO of Ratch Group said, "Vietnam is regarded as a target country due to its continued economic growth and power development plan which is clearly defined on renewable energy sources including hydroelectric power, onshore and offshore wind power, as well as solar power."

"The company foresees a sound investment opportunity in renewable energy expansion in the Vietnam market that it could be run through Ratch Group itself or through a joint venture company, NEXIF Ratch Energy Investment. Moreover, the company aims to expand renewable capacity to 4,000MW by 2035," he said.

At present, the company has invested in renewable energy projects with the 2,933MW total equity capacity, accounting for 27 per cent of its 10,807MW total installed capacity, of which the 1,566MW capacity is commercial generation and another 1,367MW is under development and construction.

In addition, Australia is considered the company’s main operational base on renewable energy with a 1,379.69MW total equity capacity, followed by Laos of 669.10MW, the Philippines of 549.83MW, Indonesia of 123.05MW, Vietnam of 114.78MW, Thailand of 94.76MW, and Japan of 2.02MW.