Binh Dinh is now home to three German-invested projects with a total capital of over $15 million. — VNA/VNS Photo

Representatives of PNE Group of Germany and the People’s Committee of central Binh Dinh Province met on Tuesday to discuss an offshore wind power project in the locality.

PNE hopes to soon start construction of the project offshore Phu Cat and Phu My districts in three phases with an estimated investment of US$4.8 billion.

PNE plans to develop between 154 – 166 wind turbines with a combined capacity of 2,000 MW.

The first phase will be carried out in the 60-100m-deep zone with a capacity of 700 MW and a budget totalling $1.6 billion.

PNE pledged to carry out a technical survey related to the project in 2021 and start construction and installation of the pilot phase in 2024.

The firm suggested local authorities facilitate the project’s investment and propose the Government and the Ministry of Industry and Trade add this offshore wind power project to the national power development plan (Power Plan VIII).

Chairman of the provincial People’s Committee Nguyen Phi Long committed maximum support for the project, saying it is in line with Binh Dinh’s policy to develop clean and renewable energy to exploit its natural potential.

Previously, in September, PNE hired a consultant to conduct a survey and make a pre-feasibility report for the project.

PNE Group is a German wind power pioneer and one of the most experienced project developers of onshore and offshore wind farms.

Binh Dinh is now home to three German-invested projects with a total capital of more than $15 million. — VNS