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Home›Business & Finance›MHI Vestas and DNV GL Enter Vietnamese Offshore Wind Alliance
Business & Finance

January 24, 2018 · about 8 years ago

MHI Vestas and DNV GL Enter Vietnamese Offshore Wind Alliance

MHI Vestas Offshore Wind and DNV GL have formed an alliance with Singapore- and Vietnam-based partners to develop multi-phased, utility-scale wind projects offshore Southern Vietnam.

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MHI Vestas Offshore Wind and DNV GL have formed an alliance with Singapore- and Vietnam-based partners to develop multi-phased, utility-scale wind projects offshore Southern Vietnam.

The exclusive agreements, signed with Singapore-based Enterprize Energy and partner Renewable Energy Global Solutions, together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure and VietSovPetro, include feasibility, environmental, development, and financing planning through implementation, DNV GL said.

Ian Hatton , Enterprize Energy’s Chairman and Founder Director, said: “We have high-graded an area which we refer to as the Ke Ga Offshore Wind Development Zone (Ke Ga OWDZ)’, offshore southern Vietnam, where we believe our alliancing approach has the potential to deliver utility-scale offshore wind energy development within Government’s price expectations.”

The Ke Ga OWDZ is an area outside of the current oil and gas production areas of the Cuulong Basin between 20 and 70 kilometres offshore southern Vietnam’s Binh Thuan and Ba Ria-Vung Tau Provinces, the latter being the location of the PetroVietnam consortium offshore yards where the turbine foundations and offshore electrical substation platforms would be fabricated prior to installation in the zone.

“It is our belief that the Ke Ge Offshore Wind Project (Ke Ga OWP) will have the highest local content level of any offshore wind farm anywhere,” Hatton said.

“We are also very pleased to be joined in the Ke Ga Alliance now by offshore Wind Turbine Generator (WTG) technology player, MHI Vestas Offshore Wind, who produces the market leading, high-productivity V164 turbine. Early selection of the preferred turbine will enable us to move rapidly and efficiently towards a financeable development in parallel to the environmental assessment and grid integration processes. It is also our intention to bring forward additional concepts for energy storage to provide improved grid stability.”

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