As the world’s leading investor and developer in the area of off-shore wind power projects, CIP has mobilized USD 10 billion plus from investment Funds specializing in renewable energy, including the newest fund CIIV. With the Newest Market Fund, CIP is heading towards new developing markets, with a focus on Vietnam market.
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| At the singing ceremony |
The involved partners will
also work closely with Binh Thuan authorities, ministries, and agencies to
outline a detailed investment plan after the project is added to Vietnam’s
master plan on power development.
“A cooperation project between the Danish Energy Agency and the Vietnam
Electricity and Renewable Energy Authority showed that, Vietnam was found to
hold 160GW of offshore wind power capacity, putting the country among the
most-promising markets in the field”, said Danish Ambassador to Vietnam Kim
Højlund Christensen.
He suggested Vietnam needs to learn from the experience of other countries to tap into the benefits brought about by wind power.
Translated by My Thien (Source: Congthuong.VN)
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