Envision Energy, REE Group partner on 128MW wind projects

Envision Energy and REE Group have partnered to develop a 128MW nearshore wind project in Vinh Long province, Vietnam. This joint venture, encompassing the V1-3 Phase II and V1-5 and V1-6 Phase II projects, will utilize 16 EN-226/8.XMW turbines from Envision Energy, with full grid connection anticipated by October. REE Group, acting as the developer, brings its expertise in renewable energy project development, while Envision Energy, serving as the EPC, contributes its wind turbine technology and construction capabilities. This partnership signifies a notable step forward in Vietnam's efforts to expand its renewable energy capacity and achieve its net-zero emissions targets. The deal is significant due to its contribution to Vietnam's emerging offshore wind sector and the involvement of established players like Envision Energy and REE Group. The project's 128MW capacity represents a substantial addition to the country's renewable energy infrastructure. Furthermore, the partnership structure leverages the strengths of both companies, combining REE Group's development expertise with Envision Energy's technological capabilities. This collaboration could serve as a model for future renewable energy projects in Vietnam and the broader Asia Pacific region.