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Tuesday, June 25, 2024

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Towards green energy

Vietnam’s effort in green energy technology production is gaining traction, with foreign-invested companies exporting green energy equipment manufactured locally. This marks a significant step towards deeper involvement in the green energy supply chain and the domestic production of crucial components. The recent export of wind turbines manufactured in Vietnam to South Korea marks a noteworthy development in Vietnam’s journey towards mastering green transition technology. The manufacturer behind this milestone is CS Wind Vietnam, a South Korean-invested company operating in Ba Ria-Vung Tau Province since 2003. These turbines are slated for installation at an offshore wind energy project in South Korea, a joint effort between SK E&S, a major South Korean conglomerate, and Copenhagen Infrastructure Partners (CIP), a global leader in offshore wind power development. However, Vietnam’s role in this endeavor remains that of a subcontractor. CS Wind Vietnam is not alone in its effort. Another significant player in green transition equipment manufacturing is General Electric (GE) Haiphong, the largest factory of GE, a multinational corporation headquartered in the U.S. state of Connecticut. Established in 2010, GE Haiphong serves as a key facility for producing parts for offshore and onshore wind turbines under GE’s renewable energy business. However, Vietnam’s commitment to […]
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