Vietnam’s REE unveils funding idea for offshore wind, floating solar
Residence Marine Vitality Vietnam’s REE unveils funding idea for offshore wind, floating solar
April 3, 2026,
by
Adrijana Buljan
Vietnam’s Refrigeration Electrical Engineering Corporation (REE) is planning one thousand million-US-dollar push into offshore wind and floating solar as allotment of its renewable energy expansion approach, according to Vietnamese media.
At its 31 March 2026 annual long-established meeting, REE outlined plans to greatly scale up its vitality portfolio to round 3,000 MW by 2030 from about 1,200 MW this day, with offshore wind, nearshore wind, and floating solar identified as key development areas, Vietnam Investment Review reviews, including that the transfer is aimed at diversifying the firm’s energy mix and capitalizing on long-term energy transition traits.
REE’s has already been increasing nearshore wind projects in Vietnam, including the Tra Vinh V1-3 intertidal wind farm that aspects Vestas generators.
In January this year, REE signed a wind turbine provide contract with Envision Vitality for 128 MW of nearshore wind projects in Vinh Prolonged Province. The novel projects encompass the 48 MW V1-3 Part II and 80 MW V1-5&6 Part II nearshore wind farms. That contains 16 EN-226/8.XMW offshore wind generators, the two traits will change into the nearshore wind projects with an well-known single-turbine skill in Vietnam and Southeast Asia, according to Envision Vitality.
Per the Global Wind Vitality Council (GWEC), below its revised Energy Pattern Idea VIII, Vietnam is targeting between 6 GW and 17 GW of offshore wind skill by the 2030–2035 length, and between 113 and 139 GW by 2050.
