MHI-Vestas and DNV GL forays into alliance for offshore South Vietnam Wind Projects

Renewable Energy Global Solutions, together with PetroVietnam consortium encompassing Petroleum Equipment Assembly and Metal structure and VietSovPetro (“VSP”), MHI-Vestas Offshore Wind (“MVOW”), and DNV GL forayed into exclusive agreement forming an alliance for multi-phased, utility-scale wind developments in Southern Vietnam. Enterprize Energy is Joint Venturing with Renewable Energy Global Solutions, another Singaporean Company whose offshore wind project development management team has extensive previous experience with the engineering design and deliveries of many of the advanced technology solutions for oil and gas production facilities in Vietnam’s offshore jurisdiction and in different continents world-wide.

Ian Hatton, Enterprize Energy’s Chairman and Founder Director commented, “Vietnam’s impressive economic growth is driving a need for new energy resources. Government has a very clear determination to meet rising energy demand with substantive growth in the supply of low-carbon, renewable energy”. He continued, “We have high-graded an area which we refer to as the Ke Ga Offshore Wind Development Zone (Ke Ga OWDZ)’, offshore southern Vietnam, where we believe our alliancing approach has the potential to deliver utility-scale offshore wind energy development within Government’s price expectations.”