Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore, starting in 2030.
This announcement was made during a meeting in Singapore between Vietnam’s Minister of Natural Resources and Environment, and Singapore’s Minister for Manpower as well as the Second Minister for Trade and Industry. This collaboration marks a significant step in the Vietnam-Singapore partnership. In February 2023, Petrovietnam Technical Services Corporation (PTSC) and Singaporean Sembcorp Utilities signed an agreement for a 2.3 GW OSW project to directly supply electricity to Singapore. PTSC was granted a permit for wind, marine, and geological surveys in August 2023, and in October 2023, Sembcorp received conditional approval from Singapore’s authorities to import 1.2 GW of renewable energy from Vietnam. Additionally, in August 2024, PTSC and Sembcorp agreed to jointly conduct technical surveys for the project. The project is a part of Singapore’s broader strategy to import 4-6 GW of clean energy from regional countries by 2035, supporting its target of achieving net-zero emissions by 2050. The electricity generated from the OSW project in Vietnam will be transmitted to Singapore through an underwater cable.