Copenhagen Infrastructure Partners (CIP), together with Asiapetro and Novasia Energy, has signed a memorandum of understanding (MoU) with Binh Thuan People’s Committee to develop the 3.5GW La Gan offshore wind project in the province, which will be one of the first large scale offshore wind projects in Viet Nam.
The USD 10 billion La Gan offshore wind project will provide Viet Nam access to the most advanced and modern wind-power technology and support the country’s transition to a power system with a high ratio of renewable energy integration and low carbon emission.
The project will create significant income and jobs in the province. The partners are already engaged in the project development in close collaboration with Binh Thuan and national authorities preparing a final investment decision.
CIP is a pioneer in the offshore wind industry across Asia-Pacific with projects in Viet Nam, Taiwan, South Korea, Japan and Australia.