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If thousands of wind turbines in Asia simultaneously age in the next 5 years, who will earn hundreds of trillions of VND from this race to maintain and upgrade?
On June 11, 2026, at about 13:00 at the APAC Wind Energy Summit 2026, leading experts in the world's wind power industry discussed a topic that is considered the biggest opportunity for the renewable energy industry in the next decade.
The Maximizing Onshore Wind Assets conference brought together many big names including Gauri Singh from IRENA, Feng Zhao from GWEC Market Intelligence, Dong Yinfing from Goldwind Asia, Tejas Parmar from Secom and international experts in the field of wind power operation and maintenance.
What attracts attention is not the construction of new wind farms but the story of extending the life of existing projects.
Global wind turbine size change
Five Common turbine capacities
1995 500 kW
2000 850 kW
2005 1.5 MW
2010 2 MW
2015 3 MW
2020 4 - 5 MW
2025 6 - 8 MW
A modern wind turbine today can generateMore than 10 times more electricity than the first generation turbines installed at the end of the last century.
The new game is no longer about building more turbines
According to GWEC and IRENA experts, tens of thousands of turbines installed between 2005 and 2015 are starting to enter the equipment aging stage.
That means the market is shifting from new construction to higher value services including
✅ Extend turbine life
✅ Replace gearbox and generator
✅ Upgrade propellers
✅ AI application to predict damage
✅ Repowering replaces old turbines with larger turbines
Global wind power O&M market value
Category Forecasted growth
High routine maintenance
Operational data management Very high
Check turbine life. High
Upgrade capacity Very high
Replace large components High
A modern wind turbine can contain more than 20,000 data points that monitor real-time performance.
Sensors continuously monitor vibration, temperature, wind speed, shaft misalignment and hundreds of other technical indicators to detect problems weeks or months in advance.
These businesses are dominating the market
According to data presented at the conference, the largest corporations in the wind power industry today include:
National Enterprise
Vestas Denmark
Siemens Gamesa Spain
GE Vernova USA
Goldwind China
Nordex Germany
Suzuki India
These are also businesses that are competing directly in the wind power maintenance and upgrading market worth tens of billions of dollars each year.
Opportunity for Vietnam
Vietnam is currently in the group of countries with the fastest wind power development rate in Southeast Asia.
Projects in Ninh Thuan, Binh Thuan, Gia Lai, Dak Lak, Quang Tri, Bac Lieu and Soc Trang possess a total capacity of thousands of MW.
Many projects built between 2018 and 2021 will soon enter a long-term performance review cycle.
If a domestic technical service chain is formed, Vietnam's wind power maintenance market can completely reach a scale of tens of trillions of VND in the coming years.
Reference wind power investment value
1 modern 6 MW turbine
About 180 billion to 300 billion VND
100 MW wind farm
About 4,500 billion to 7,500 billion VND
1 GW wind power project
About 45,000 billion to 75,000 billion VND
The most notable thing from APAC Wind Energy Summit 2026 is that the wind power industry is entering a stage of maturity. The new race is no longer about who builds the most turbines, but about who operates the most efficiently and lasts the longest.and make the best use of operational data to generate profits.
Can Vietnam become the wind power maintenance service center of Southeast Asia before the wave of mass turbine upgrades begins in 2030?
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