Ninh Thuan 2 Project is a 2,000MW offshore wind power project. It is planned in South China Sea, Ninh Thuan, 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 2033 and is expected to enter into commercial operation in 2037. Buy the profile here.

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Description

The project is being developed and currently owned by Orsted and T&T Group. The owners have 50% stake in the project respectively.

Development status

The project construction is expected to commence from 2033. Subsequent to that it will enter into commercial operation by 2037.

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About Orsted

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.

This content was updated on 25 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.