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Tra Vinh Green Hydrogen Phase 1

Construction✓ Source-checked

TGS Tra Vinh Green Hydrogen Company (subsidiary of The Green Solutions Group)

Source: IEA Hydrogen Projects Database (September 2025)

Project Overview

Country
Vietnam
Region
Trà Vinh province
Capacity
240 MW
Technology
Alkaline Electrolysis
Investment · scope not declared (USD)
$341M
Subsidy Status
—

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Development Timeline

Announced2022
FID—
ConstructionApr 2023
OperationalOct 2026planned date · already passed

Status History

DateChangeReasonSource
17 May 2026constructionIEA Tier B Batch 3 — IEA Ref 1724—

Readiness Score

45/ 100
Developing

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15
✓EPC Contract signed(implied)+10
✓Permits obtained(implied)+8
✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2
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