Corio Generation has signed a joint development agreement with Vietnamese construction and infrastructure group Fecon for a proposed 500 MW offshore wind farm in Ba Ria, Vung Tau province, Vietnam. Once permits and approvals are obtained, the proposed 500-megawatt Vung Tau offshore wind farm, 35 kilometers from the coast, could be one of the first large-scale offshore wind projects to be built in Vietnam, Corio said.
Jonathan Cole, CEO of Corio Generation, said that with its abundant wind energy resources, Vietnam can become an offshore wind powerhouse in Southeast Asia, providing clean, affordable power and providing employment and economic opportunities to local communities.
The team in Hanoi has been researching opportunities across the country for years. We are looking for some potential projects and partnerships to demonstrate Corio's commitment to offshore wind in Vietnam. Our strategy is to partner and collaborate with the most reputable and capable local companies. Therefore, we are delighted to sign a joint development agreement for the Vung Tau project with FECON, a leading infrastructure and energy group with a proven track record in wind and solar energy. Keywords: engineering construction, engineering news
Corio is a global offshore wind business and a portfolio company of Macquarie Green Investment Group, operating independently. The company has one of the largest offshore wind development portfolios in the world, with more than 20 GW of installed capacity. Corio said its team has extensive experience developing offshore wind, with projects in Europe, the Americas and Asia Pacific.Editor/XingWentao
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