Ørsted plans building 3.9-GW offshore wind farm in Vietnam - report

The Horns Rev 2 Offshore Wind Farm. Source: Ørsted A/S

November 10 (Renewables Now) - Danish energy major Ørsted A/S (CPH:ORSTED) is planning to pour up to USD 13.6 billion (EUR 11.75bn) to deploy 3.9 GW of offshore wind turbines in Vietnamese waters, local news agency VNA said.

The huge project is expected to be executed in three phases at an overall investment ranging between USD 11.9 billion and USD 13.6 billion.

According to the report, Ørsted has proposed to install the turbines 14km (8.7 miles) southwest of Bach Long Vy island, in the Gulf of Tonkin, and 36km northwest of the Long Chau archipelago. The turbine will have hub heights of between 150m and 200m.

If built, the wind complex will be capable of generating around 13.7 million MWh of electricity annually.

In September, Ørsted signed a memorandum of understanding (MoU) with Vietnamese industrial conglomerate T&T Group to collaborate on offshore wind projects in Vietnam. The partners intend to work to mature a multi-GW pipeline of greenfield offshore wind projects off the coasts of the Binh Thuan and Ninh Thuan provinces.

Vietnam’s offshore wind potential is estimated at up to 500 GW.

(USD 1.0 = EUR 0.864)

More stories to explore
Share this story
Newsletter
Tags
 
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\