26-09-2021 10:00
For years, numerous foreign financiers have been interested in developing onshore and offshore wind farms worth billions of US dollars in Vietnam, with its great potential for the renewable energy and a transition from coal. However, a new policy direction dampening down of ambitions may close the door on some new funding waves.
19-09-2021 16:38
Vietnam’s offshore wind power has technical potential of about 160 GW, according to a national report on maritime and insular environment for 2016-2020.
10-09-2021 20:25
Denmark-headquartered Ørsted and Vietnamese cross-industry company T&T Group have announced the signing of an MoU to begin a strategic collaboration on offshore wind in Vietnam.
28-08-2021 13:07
EVN and HBRE Group – the leading developer of onshore wind farms in Vietnam – have signed an agreement to develop an offshore wind farm in the southern coastal province of Ba Ria-Vung Tau. They are assisted by Sapura Energy Bhd., a global integrated offshore engineering and construction company.
28-07-2021 14:51
With world-class resource potential and rapidly growing power demand, Vietnam is facing a crucial crossroads and has the opportunity to accelerate deployment of both onshore and offshore wind, according to a new report – but the ongoing pandemic is causing regulatory challenges and delays to many projects as developers attempt to settle on incentive policies for the next stage.
18-06-2021 23:40
Numerous foreign investors are interested in developing offshore wind farms worth billions of dollars in total investment capital in Vietnam.
29-04-2021 15:44
Global offshore wind leader Ørsted has officially announced its office opening in Vietnam to set up a base to develop billion-dollar projects in the future.
16-04-2021 11:00
Reducing the cost of capital for offshore wind power projects in Vietnam will be the main driver for lowering electricity costs and encouraging investment in such projects, argue several international energy experts, with the right government policies needed to be implemented quickly to follow through with the country’s energy development schedule.
12-03-2021 08:00
Vietnam is now boasting great potential in offshore wind development which is attracting more investors. Liming Qiao, head of the Global Wind Energy Council (GWEC) Asia, told VIR’s Nguyen Thu about the challenges and regulatory needs for a true offshore wind sector in Vietnam.
11-03-2021 10:49
Vietnam needs to increase the proportion of wind power, especially offshore wind power, in the total power capacity targeted in the National Power Development Plan for 2021-2030 with a vision to 2045 (Power Development Plan VIII), so as to attract more foreign investors in the field, according to businesses and experts.
25-02-2021 12:31
La Gan Wind Power Development Corporation, the developer of the 3.5GW La Gan offshore wind farm project owned by Copenhagen Infrastructure Partners, Asiapetro, and Novasia, on February 24 signed four MoUs on foundation supply and harbour services.
09-02-2021 16:53
The La Gan Offshore Wind Farm will generate thousands of full-time jobs in Vietnam and make significant contributions to the country's economic development.
07-11-2020 12:21
Following the Phu Cuong Soc Trang project in Soc Trang province, Mainstream Renewable Power has signed a joint development agreement with Advance Information Technologies Corporation (AIT), a local specialist in providing EPC services to power projects and a strong local developer of renewable energy projects, to co-develop a 500MW offshore wind power project in Ben Tre province.
24-09-2020 09:44
Around 10 gigawatts of offshore wind power could be in operation in Vietnam by 2030, according to studies carried out by the Danish Energy Agency and the World Bank.
23-09-2020 15:55
Vietnam is capable of generating 10 GW of electricity by offshore wind farms by 2030, suggested studies carried out by the Danish Energy Agency (DEA) and the World Bank (WB).