Orsted has signed a memorandum of understanding (MoU) with Vietnamese industrial conglomerate T&T to launch a strategic cooperation on offshore wind in the Southeast Asian country.

The collaboration brings together a multi-gigawatt pipeline of greenfield projects off the coast of Binh Thuan and Ninh Thuan provinces, which the Danish group says are Vietnam’s most suitable areas for offshore wind development.

“As the global offshore wind leader, Orsted targets 30GW [gross] of offshore wind by 2030,” Orsted chief commercial officer Martin Neubert said.