News dalla rete ITA

22 Settembre 2021

Danimarca - Vietnam

DENMARK'S ØRSTED TIES UP WITH T&T TO INCREASE ITS OFFSHORE WIND FOOTPRIN

Denmark-headquartered Ørsted and Vietnamese cross-industry company T&T Group haveannounced the signing of an MoU to begin a strategic collaboration on offshore wind inVietnam.The tie-up between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshorewind projects located off the coasts of Binh Thuan and Ninh Thuan provinces. The partners willcombine their talents to establish this offshore wind pipeline and promote the development ofan effective offshore wind regulatory environment as well as a thriving new industry inVietnam.Vietnam has some of the best conditions for producing offshore wind in Asia, with more than3,200km of coastline and high constant wind speeds. Vietnam's offshore wind potential isestimated at 500GW by the World Bank Group.In addition to this world-class potential, Vietnam's fast-expanding power consumption meansthat additional large-scale, reliable power sources will be required in the next decades. TheVietnamese government has produced a draft national Power Development Plan (PDP) VIII thatincludes a target of 3-5GW offshore wind in 2030 and 9-11GW in 2035.There are a few large-scale offshore wind farms under construction in Vietnam, notablyEnterprize Energy';s 3.4GW Thang Long offshore wind farm and Copenhagen InfrastructurePartners (CIP), Asia Petroleum Energy, and Novasia Energy's 3.5GW La Gan offshore wind farm.These favourable indicators, together with Vietnam's strong supply chain potential, havepersuaded Ørsted and T&T Group that offshore wind will play a key part in the country's futureenergy mix. Do Quang Hien, president and general director of T&T Group, said, "10 years ago,we began researching and preparing for the development of renewable energy in order to beready when the time was right. This has resulted in T&T completing several large solar PVprojects and being on track to complete five big onshore wind projects by the end of this year.Energy is a strategic focus for the T&T Group, and with this collaboration with Ørsted, theglobal leader in offshore wind, we look forward to accelerating our plans and bringing valuableexperience and international investment capital to the offshore wind sector in Vietnam."Source: Vietnam Investment Review, September 10 th , 2021 (ICE HO CHI MINH CITY)


Fonte notizia: vietnam investment review