03/09/2021 16:00 GMT+7 Vietnamnet
Many offshore wind power investors are holding their breath waiting for the next move of the Ministry of Industry and Trade and the Government.
Nearly three years have passed since the Prime Minister’s Decision 39 dated September 10, 2018 on wind power prices was issued, with the offshore wind power price over VND2,223/kWh (US$9.8 cent/kWh), but no offshore wind power project has kicked off yet.
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Many foreign and domestic investors have surveyed and conducted research on offshore wind power in Vietnam. They have said the price of over VND2,200/kWh is “acceptable”. However, three years is still a short time for these projects to be implemented in reality, while this incentive price will end in two months.
Continue reading Offshore wind power: unpredictable ‘waves’ as investors wait for decision on tariff

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