The Ministry of Natural Resources and Environment has proposed a temporary halt on appraisal and approval for the surveying of offshore wind power projects due to a number of legal and technical problems.
Vietnam is believed to possess great potential for developing offshore wind power, but a friendlier legal framework is still needed to attract more foreign investment to this type of renewable energy, an insider has said.
Denmark prioritises helping Vietnam’s energy sector with green development and transformation, Danish Ambassador to Vietnam Kim Højlund Christensen affirmed on February 24.
Representatives of PNE Group of Germany and the People’s Committee of central Binh Dinh province sat down in a working session on December 15 to discuss an offshore wind power project in the locality.
Prime Minister Nguyen Xuan Phuc on September 30 received Greg Hands, Minister of State for Trade Policy in the Department for International Trade of the UK and President of Enterprize Energy Group Ian Raymond Hatton, who are on a visit to Vietnam to promote an offshore wind power project in the central province of Binh Thuan.
French bank Société Générale has been chosen to be the financial adviser for the initial phase of the Ke Ga offshore wind power project – the world’s biggest project of its kind at present.
The proposed offshore wind power project in the south central province of Binh Thuan will have a designed capacity of 3,400 MW and require total investments of nearly 12 billion USD, UK developer Enterprize Energy said.
Business
