Danish Group to invest up to 13.6 billion USD in offshore wind farm in Hai Phong

Denmark’s Ørsted Group, the world's largest corporation in the wind power industry, has proposed an offshore wind power plant in the northern port city of Hai Phong, with an estimated investment of between 11.9 billion USD to 13.6 billion USD.
Danish Group to invest up to 13.6 billion USD in offshore wind farm in Hai Phong ảnh 1Denmark’s Ørsted Group expects to supply green energy to 30 million people by 2030.  (Photo courtesy of the firm)
Hanoi (VNA) - Denmark’s Ørsted Group, theworld's largest corporation in the wind power industry, has proposed anoffshore wind power plant in the northern port city of Hai Phong, with anestimated investment of between 11.9 billion USD to 13.6 billion USD. 

Once operational, the power plant will have a total capacityof 3,900 MW.

Vice Chairman of the municipal People's Committee Nguyen DucTho rencently worked on the project with a delegation from the Embassy of Denmark, led byTrade Counsellor Troels Jakobsen.

The project will be divided into three phases. Wind outputis expected to produce about 13,665,600 MWh per year. The wind farm's turbineis expected to be installed with a capacity of about 20 MW. Tower height willbe from 150m to 200m each.

The project location is in offshore waters 14km southeast ofBach Long Vy island and 36 km northwest of Long Chau archipelago.

The project is in line with Vietnam's National EnergyDevelopment Strategy, which prioritises the exploitation and use of renewableenergy sources.

Troels Jakobsen said the cooperation between Denmark and Vietnamwill continue to be promoted in such fields as economy, trade, investment,education, tourism, and economic transformation to a green economy.

Appreciating Ørsted Group's capacity in offshore wind powerdevelopment, Tho said Hai Phong will create favourableconditions for investors.

He suggested that the investor provide more documents onissues raised by the departments and agencies at the meeting.

He requested the group to review and clarify the contentsrelated to the survey location, the appropriate spacing of wind turbines andrationally develop the marine space. At the same time, the project must ensurecompliance with current regulations, investment divergence and must not affectthe navigation channel, security and defence aspects.

As a leading enterprise in the field of offshore wind powerowned by the Danish Government, Ørsted's revenue in 2020 was 8.6 billion USD,with profits of 3 billion USD. The group currently supplies green energy tomore than 15 million people worldwide. This number is expected to double by2025./.
VNA

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