
DNV GL Americas will examine the wind potential, environmental impact and grid interconnection under a contract with Phu Cuong Group (PCG), a local company that intends to invest $435m in the project.
The contract’s scope also includes assessment of permitting and land control issues, needs for a safe, reliable and affordable connection to the province’s electrical grid,
The company will assess the potential for a foundational design, estimate potential construction costs and recommend the optimal approach to financing it.
The study will be funded through a grant from the United States Trade and Development Agency.
DNV GL energy division Asia Pacific executive vice president Mathias Steck said: "As Vietnam significantly increases its electricity generating capacity, I am delighted to see PCG supporting the global climate change imperative with its leadership in building a sustainable electricity supply for Vietnam."
In the long run, PCG has plans to develop 800MW of wind power to meet the increasing power demands in Vietnam.
The Vietnamese government has wind energy targets of 800MW by 2020, 2000MW by 2025 and 6000MW by 2030.
PCG energy and investment pham deputy general manager Quoc Anh said: "We are confident that DNV GL, with their experience in developing 150,000 MW wind energy globally, will produce a high quality Feasibility Study for Phu Cuong 1 Wind Farm, creating the foundation for the project’s success in future."
Image: Officials of Phu Cuong Group and DNV GL sign contract for Phu Cuong Group’s offshore wind farm feasibility study. Photo: Courtesy of DNV GL AS.