CIP opens Vietnam office

Copenhagen Infrastructure Partners has plans to establish an offshore wind farm in Vietnam in 2024 and follow it up with annual wind projects throughout the decade.

by MAZ PLECHINGER

In the past roughly 6 months, an unusually high number of turbine orders have been announced for wind farms in Vietnam, not least for the so-called intertidal projects, placed on the edge of beaches. The fact that all these orders are set for execution before the end of next year indicates that the heavy activity is due to the expiry of the current feed-in tariffs of VND 2,223 (EUR 0.087) per kWh in November 2021.

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GE lands order in Vietnam
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