So far, Soc Trang province has approved the investment policy for the 7 investors to implement wind power projects in the province with a total capacity around 600 MW, including: TRASESCO Company with wind power projects in Vinh Phuoc ward and Vinh Tan commune (Vinh Chau town); Lien Nghia Joint Stock Company with Mo O wind power projects (Binh Trung commune, Tran De district ); and etc.

Mr. Cuong Nguyen Vietnam - Chairman of Phu Cuong Group, said the group will invest in the first wind farm at coastline of  Vinh Chau town, Soc Trang province with a capacity of 30 MW  period one and the $ 75 million investment level. The investment capital will come from Phu Cuong Group and loan domestic and foreign banks.

Results of survey of this group showed that this region is one of the places where has the best conditions for wind power development in the country with potential scale up to 800 MW, wind is stable throughout the year, estimated total investment is more than $ 2 billion.

According to the roadmap of investors, period 2 the plant will increase capacity to 170 MW, the total investment is $ 436 million. This plant has a lifespan of more than 20 years, is expected to begin in early 2016 and operate period 1 in early 2017, each year the plant will provide approximately 485 GWh of electricity to the South (mainly Mekong Delta region). The project has been approved by Prime Minister and Soc Trang People’s Committee approved investment policies. It is negotiating the electricity price with Ministry of Trade and Industry and Electricity Group - EVN. According to revealing of Mr. Cuong, electricity price will be about 9.8 cents / kWh, equivalent wind power plant of Cong Ly Company in Bac Lieu, return investment in about 10 years. The project also received funding from international organizations, such as USAID, USTDA and etc.

Mr. Pham Trong Thuc – Director of Department of New Energy and Renewable Energy, General Department of Energy, Ministry of Industry and Trade evaluated investment in wind power is consistent with the Government's policy of energy diversification, renewable energy development and fighting climate change, while ensuring energy security in Mekong Delta and Soc Trang province.

To accelerate the project progress, Phu Cuong Group and Vestas Wind Energy Group - Denmark signed memorandum of understanding for the construction of project for wind electricity production farm. Specifically, Vestas committed to participate and support loans, construct infrastructures, equipments during the deployment process from project planning to put into operation.