Offshore wind company Corio Generation has signed a joint development agreement with Vietnamese construction firm FECON for a 500 MW offshore wind project in Vietnam’s Ba Ria-Vung Tau province. The project will be located 23-25 km from the coast. The fixed-bottom facility will be among the country’s first offshore wind projects.
Jonathon Cole, CEO of Corio Generation, said: “With its vast wind resources, Vietnam can be a South-East Asian powerhouse in offshore wind, providing clean, affordable electricity. We are looking at a number of potential projects and partnerships, demonstrating Corio’s commitment towards offshore wind in Vietnam. Our strategy is to work and collaborate with the most reputable and capable local companies. We are therefore excited to be signing this joint development agreement for the Vung Tau project with FECON.”