Doosan Vina and Ørsted ink deal on offshore wind power development in Vietnam

Doosan Vina and Danish power company Ørsted have signed a memorandum of understanding on developing wind power supply chains off the Vietnamese coast.
The signing ceremony between Doosan Vina and Ørsted.
The signing ceremony between Doosan Vina and Ørsted.

The signing ceremony took place on November 3 at the Dung Quat Economic Zone in Quang Ngai Province in the presence of Danish Crown Prince Frederik and leaders of the Ministry of Industry and Trade.

Under the agreement, Ørsted and Doosan Vina agree to engage in non-legally binding discussions to develop the offshore wind foundation supply chain in Vietnam with a primary focus on, but not limited to the offshore foundation structure monopile.

The cooperation aims to meet the requirements related to the development of Ørsted’s portfolio of offshore wind farm projects in Vietnam, particularly the Tuy Phong and Hai Phong projects.

Abroad, Ørsted will provide guidance and support and help Doosan Vina access the markets of other countries in the Asia Pacific and Europe.

In exchange, Doosan Vina will provide “preferred customer status” to Ørsted with access to capacity and the best offer.

Doosan Vina General Director Kim Hyo Tae said that the cooperation with the Danish company marks a new step in its growth in the field of manufacturing offshore wind power products, besides traditional products such as boilers for power plants, cranes for seaports, desalination equipment, modules and steel structures for refineries.

In addition to offshore wind power, Doosan Vina is also looking to produce fuel cells in line with the orientation and commitment of the Vietnamese government to a carbon-neutral future by 2050.