Ørsted and T&T Group to build offshore wind development hubs in Viet Nam

Monday, Oct 10, 2022 13:07

Ørsted and CS Wind Vietnam sign a memorandum of understanding (MoU) on 6 October. — Photo courtesy of the firm

The global offshore wind leader Ørsted and Viet Nam T&T Group hosted a workshop, discussing high-potential local suppliers of foundations and mechanical fabrication services.

Experts and workshop participants collectively identified challenges and proposed practical actions to support new players to enter the offshore industry.

Key topics included how to enhance provision of infrastructure, facilities, develop technical capabilities and processes to help construct world-class offshore wind farms in the years ahead.

Per Mejnert Kristensen, President of Ørsted Asia Pacific, said: “Viet Nam offers excellent conditions to develop reliable and cost competitive offshore wind projects."

In another step towards launching a new local industry which supports Viet Nam’s 2050 net-zero targets, Ørsted and CS Wind Vietnam signed a memorandum of understanding (MoU) last week.

This agreement launches a new collaboration for the offshore wind supply chain in Viet Nam including manufacture of towers, foundation structures and steel fabrications.

Sebastian Hald Buhl, Country Manager of Ørsted Vietnam, said Ørsted is motivated to find long-term value in all parts of the wind farm lifecycle in Viet Nam.

He said: "Ørsted is intensifying our efforts to support local partners and suppliers and we are working hard to deliver the first 2 GW from our pipeline by 2030.”

Vice General Director of T&T Group, Nguyen THi Thanh Binh said: "We believe that Viet Nam will soon become one of the key offshore wind development hubs, not only meeting domestic demand but also targeting global markets."

She said building and developing a local supply chain for the offshore wind industry was crucial in order to lay the foundations to reduce costs and also motivate the generation of green hydrogen from offshore wind, supporting the transition from fossil fuels and thermal plants to renewable energy as proposed in the Power Development Plan (PDP8). — VNS

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