The representative of CS Wind Vietnam (located in Phu My Industrial Zone, Ba Ria - Vung Tau province) stated that by the end of April, 10 wind turbine towers with a capacity of 10MW, will be exported to South Korea to serve the Jeonnam 1 wind power project (99MW) - South Korea's first commercial-scale project located off the coast of Jeonnam province in the southwest of the country. According to the plan, the project is expected to start operating in 2024, providing green energy to approximately 60,000 households in South Korea.

This batch of turbine towers is part of CS Wind's supply contract package for Siemens Gamesa Renewable Energy Company (Siemens Gamesa), in Siemens Gamesa's contract to supply wind turbines for Jeonnam Offshore Wind Power Project 1.

Jeonnam 1 is a joint venture between SK E&S, one of the largest conglomerates in South Korea, and Copenhagen Infrastructure Partners (CIP), the world's largest investor focused on renewable energy projects and a leading developer of offshore wind projects worldwide.

Mr. Radoslaw Rams, Director of Offshore Project Management in the Asia-Pacific region of Siemens Gamesa, said that the CS Wind Vietnam turbine tower factory plays an important role in the supply chain for offshore wind power projects of Siemens Gamesa, not only in the Asia-Pacific region but also globally.

"The selection of CS Wind Vietnam for Jeonnam 1, our first offshore wind power project in Korea, demonstrates our confidence in CS Wind's ability to provide high-standard, improved, and refined products to match the characteristics of the new market. We look forward to continuing to cooperate with CS Wind in this project as well as other projects in the future," according to Mr. Radoslaw Rams.

Mr. Stuart Livesey, the representative of CIP Group in Vietnam, said that Vietnam has a favorable position to develop domestic supply chains for domestic offshore wind power projects, and has the potential to become an export center for items such as turbine foundations, turbine towers, offshore substations and other components serving offshore wind power projects in the region.

Along with the Government's upcoming policies aimed at encouraging and initiating the offshore wind power industry, Mr. Stuart Livesey commented that the country has the opportunity to gain great socio-economic benefits from developing domestic supply chains, and autonomously producing green energy to ensure energy security.