Hai Phong Offshore Wind Power Project is a 3,900MW offshore wind power project. It is planned in South China Sea, Hai Phong, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029. Buy the profile here.
The project is being developed and currently owned by Orsted and T&T Group. The owners have 50% stake in the project respectively.
The project is expected to generate 13,665,600MWh of electricity. The project cost is expected to be around $13,600m. The project will be spread over an area of 870km².
The project will have 150m high towers.
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.
For more details on Hai Phong Offshore Wind Power Project, buy the profile here.
Orsted AS (Orsted) is a renewable energy company. It develops, constructs and operates offshore and onshore wind farms, bioenergy plants, solar farms, and energy storage facilities, and provides waste-to-energy solutions and smart energy products. The company produces heat and electricity using coal, natural gas, oil, biomass, wind and solar sources; and sells power and gas in wholesale and retail markets, and optimizes and hedges its energy portfolio. Orsted also owns and operates gas and power contracts, and originates and trades these for optimizing its portfolio; and operates Rene science plants, biogas upgrade facilities and biogas plants. It has operations in the UK, Denmark, Germany, the US, the Netherlands and other. Orsted is headquartered in Fredericia, Denmark.
About T&T Group
T&T Group JSC (T&T Group) operates in real estate, finance, industry, sports, and import-export trading. Its real estate projects include residential units, trade centres, office buildings, resorts, marine eco-tourism areas, urban areas, and industrial zones. It is headquartered in Hanoi, Vietnam.