DNV GL will deliver a feasibility study for the 170MW Phu Cuong 1 offshore wind farm off the Vietnamese coast, its first in the country.
The advisers entered into a contract with Phu Cuong Group, a local company that aims to invest $435m in the project, it said.
DNV GL will assess key factors including wind potential, environmental impact and grid interconnection.
The project is the first of Phu Cuong’s plans for about 800MW of near offshore wind projects along Vietnam’s southern coastline in Soc Trang province.
Vietnam has wind energy targets of 800MW by 2020, 2GW by 2025 and 6GW by 2030.
The initial feasibility study will be funded through a grant from the United States Trade and Development Agency.
“Our team looks forward to applying our global offshore expertise to help support the success of wind power in the growing economy of Soc Trang province and across the Mekong Delta,” said DNV GL’s offshore commercial lead in North America Michael Drunsic.
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