A view of the virtual signing ceremony of the two geological survey and study contracts for the La Gan offshore wind power project - PHOTO: EMBASSY OF DENMARK IN VIETNAM
HCMC – The La Gan Wind Power Development Corporation, the developer of the 3.5-GW La Gan offshore wind power project, on May 20 signed two contracts which cover major geological surveys and studies for the project with the Northern Center for Planning and Investigation of Marine Resources and Environment (CPIM), an agency under the Government, the Embassy of Denmark said in a statement.
The La Gan wind farm off the coast of Binh Thuan Province would become one of the first large-scale offshore wind farms in Vietnam.
Geophysical surveys and studies are crucial steps for offshore wind power projects to understand the seabed condition and advance the development of ground models and foundation designs. CPIM will engage a Danish sub-contractor--the Geological Survey of Denmark and Greenland (GEUS), under the Danish Ministry of Climate, Energy and Utilities--to carry out the two contracts.
Under the La Gan geophysical survey campaign contract, CPIM and GEUS will collaborate to collect seabed data and samples to determine bathymetry, seabed features and subsurface geology.
Meanwhile, they will conduct an assessment of geological conditions, marine habitats and marine usage, which are key considerations in offshore wind farm development under the La Gan geological study contract.
At the contract signing ceremony, Ambassador of Denmark in Vietnam Kim H. Christensen said, “The signings signify both the seriousness and willingness of the project in making big investments and getting financially and technically ready to move forward once they obtain the license. It is a valid expectation that the project could be included in Vietnam’s national power development plan VIII soon, which will help create a good starting momentum for the sector and contribute to the realization of the Government’s vision for a sustainable and green energy sector.”
Maya Malik, CEO of the La Gan Wind Power Development Corporation, added that by assigning the geological survey mission to CPIM and GEUS, the corporation affirmed its commitment to progress the project while supporting the local supply chain and facilitating knowledge transfer between international and local suppliers.
For the past two years, the La Gan offshore wind power project, owned by Copenhagen Infrastructure Partners, Asiapetro and Novasia, has been working closely with both Vietnamese and Danish authorities.
According to an economic impact study conducted by BVG Associates, a consultant of the World Bank, the project will contribute more than US$4.4 billion to the Vietnamese economy over its lifetime. The project is also expected to create over 45,000 jobs in Vietnam, power more than seven million households and avoid 130 million tons of CO2 emissions.
- Denmark accompanies Vietnam in green and sustainable energy transformation
- Site investigation contracts signed for 3.5 GW offshore wind power plant
- US$10 billion offshore wind power project to be developed central Vietnam
- Large-scale wind power project planned in Binh Thuan
- $10-billion offshore wind project signs major site investigation contracts
- Vietnamese firms to provide foundations, harbor services for La Gan wind power project
- MoU signed to develop a 3.5GW offshore wind project
- German company plans to build offshore wind farm in central Vietnam
- Danish firm eyes $10-billion offshore wind project in Binh Thuan
- Vietnam emerged among world’s largest market for wind power development