OWC and PIC sign partnership agreement for wind energy development in Vietnam

Type: Partnership · Technology: Offshore Wind · Country: Vietnam · Announced: 2026-06-10

OWC and PIC have signed a partnership agreement to collaborate on wind energy development in Vietnam, as announced at the APAC Wind Energy Summit. The agreement aims to leverage OWC's offshore wind expertise and PIC's local market presence to accelerate renewable energy projects in the country. While specific project details or capacity targets were not disclosed, the partnership signals a strategic move to tap into Vietnam's growing offshore wind potential. The collaboration is expected to benefit from Vietnam's favorable regulatory environment and increasing demand for clean energy solutions. No financial terms or timelines were provided in the announcement.

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