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Perspective of an offshore wind farm

PNE AG (formerly Plambeck Neue Energie AG) is a German Group based in Cuxhaven, Niedersachsen state, Germany, established in 1995.

The group is currently implementing wind power projects on land and in the sea (offshore). PNE AG’s business model includes planning, constructing, financing, operating, and selling wind power farms. In addition, the group’s products also include photovoltaic technology, electricity storing and electricity generated from hydrogen gas.

The group is investing in several projects in a number of developed countries such as Hungary, France, Turkey, the US and some developing countries in Latin America, Africa and the Middle East.

At the meeting, PNE AG proposed to implement an offshore wind power project in Binh Dinh province. The project has a capacity of approximately 500MW - 700MW with total capital of about 1.5 billion USD.

The PPC Vice Chairman Nguyen Phi Long pledged to create the most favorable conditions for investors and kindly requested that the PNE AG group to actively coordinate with the provincial and central agencies to carry our necessary procedures to start the project.

Offshore wind energy is a new source of energy being invested and developed in the world today. Offshore wind energy is converted into electricity by wind turbines and produced with longer lifespan to suit harsh conditions off the coast. On the other hand, wind farms create good tourist attractions, places for study and "divine eyes" to help strengthen national sovereignty and security in the sea.

When going into operation, it will be the first project of PNE AG group in Vietnam and the second offshore wind farm in the country after the one in Bac Lieu province.

Vice Chairman Nguyen Phi Long acknowledged and appreciated the capacity and determination of the investor in choosing Binh Dinh to invest in the offshore wind farm.