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Group Says U.S. Utility Will Build $13 Billion Offshore Wind Project in Vietnam

July 29, 2022

Via: PowerMag

Vietnamese officials said a U.S. utility company plans to develop a $13 billion, 4-GW offshore wind farm that would be sited off that country’s central province of Binh Thuan.

Vietnam’s Ministry of Industry and Trade in a statement issued July 29 said AES Corp., a Virginia-based utility that operates in 15 countries, is behind the project, though AES did not immediately confirm the report.

A 4-GW installation would move Vietnam closer to its goal of having 11.7 GW of offshore wind power generation capacity in service by 2030. The country today has about 4 GW of operating offshore wind. In addition to the 2030 goal, officials have said they want to have 66 GW of offshore wind in operation by 2045.

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