PVN and AES (USA) cooperate to develop offshore wind power projects

Mr. Bernerd Da Santos emphasized that AES always commits to maintaining the economic and social growth of Vietnam by investing in reliable and sustainable energy solutions (including potential opportunities on renewable energy, as well as developing the Son My 2 gas turbine power project and the Son My LNG terminal project).

Mr. Bernerd Da Santos affirmed that the signing of a joint venture agreement to develop the Son My LNG Terminal project between AES and PV GAS by the end of 2021 was an important milestone for developing LNG energy sources of Vietnam and also plays an important role in reducing emissions in Vietnam in line with commitments at COP26.

In the coming time, AES would like to continue receiving the support and favorable conditions of PVN for AES to deploy activities in Vietnam and be ready to share experiences and cooperate with PVN in developing renewable energy projects, especially offshore wind power projects.

On behalf of PVN's leaders, Mr. Hoang Quoc Vuong affirmed that the Son My LNG terminal is an important project for Vietnam, and deploying the project would contribute to synchronizing the use of LNG sources for power projects in the region.

According to Mr. Hoang Quoc Vuong, developing renewable energy is one of the major orientations of the Vietnamese Government in implementing the commitment to net zero emissions by 2050. Mr. Vuong also informed that in the draft Power Development Planning VIII (PDP VIII), Vietnam will develop 7 GW of offshore wind projects by 2030.

With its many year's experience in offshore activities and its available potential and advantage, PVN believes that it will be entrusted by the Government to develop offshore wind power projects in the coming time.