On 29 June 2024, Doosan Vina signed a Memorandum of Understanding (MOU) with Marubeni Group, Japan for “Cooperation of Offshore Wind Power in Vietnam” to promote new business activities of the two companies in the field of green and sustainable energy.
Sharing at the signing ceremony, Doosan Vina General Director Kim Hyo Tae emphasized that Doosan Vina will actively participate in implementing the Vietnamese Government's commitment at the COP26 Conference to net zero emissions by 2050. This MOU, along with the MOU signed with the global leading wind power group, Ørsted (Denmark), is a base for Doosan Vina to firmly enter the renewable energy market. Doosan Vina is currently shifting its focus and business portfolio towards environmental protection and takes this as a growth driver in the coming future. Mr. Kim stated that Vietnam is a country with abundant wind, solar and sea, it brings high potential to develop renewable energy, especially offshore wind power.
Mr. Kawamura, Marubeni’s head of power business at APAC region said that offshore wind will play a very important role in Marubeni’s strategies. With 50-year presence in power sector in Vietnam, Marubeni wishes to contribute to Vietnam economy and government policy.
Following the execution of the MOU, Doosan Vina and Marubeni will jointly study and explore the feasibility and viability for collaboration in Vietnam. Doosan Vina plans to manufacture Wind Turbine’s monopile foundations and other components for Offshore Wind farm at Doosan Vina’s 100 ha factory at Quang Ngai province. Marubeni also intends to explore and expand collaboration with other capable Vietnamese local manufacturing companies to contribute to the economic growth and development of offshore wind power industry in Vietnam.
Doosan is a strategic partner of Marubeni in power business in APAC. Doosan and Marubeni have successfully constructed Nghi Son 2 BOT power project in Thanh Hoa province, in which Marubeni is a member of Investor Consortium while Doosan is the EPC Contractor.
Doosan Enerbility Vietnam (Doosan Vina) is an industrial complex with $300 million investment located on 100 hectares in Dung Quat Economic Zone, Quang Ngai province. Doosan Vina's key products include modules, seaport cranes, steel structures, fired heaters, power plant boilers, seawater desalination equipment and green energy products.
Doosan Enerbility Co., Ltd., mother company of Doosan Vina, formerly known as Doosan Heavy Industries - founded in 1962, is a heavy industrial company headquartered in Changwon, Korea. Doosan’s businesses include manufacturing and EPC services at heavy industrial fields such as: Nuclear power plants, Wind Turbine Power Plants, Coal fired and Gas fired power plants, Desalination plants, Castings and Forgings to Construction, Reactor vessel, Steam generator, Pressurized heavy water reactor, Generators, Steam turbines and Gas turbines of Power Plant.
In Vietnam, Doosan Vina is known as the EPC Contractor of large thermal power plant projects such as Mong Duong 2, Vinh Tan 4, Vinh Tan 4 Expansion, Nghi Son 2, Song Hau 1; Also known as the supplier of RMQCs and RTGCs for busy domestic seaports such as Nam Dinh Vu port, Gemalink port, Da Nang port, Saigon New Port, ...; At the same time, it is a major heavy industry exporter with nearly 630,000 tons of products shipped to 38 countries worldwide.
Marubeni Corporation is a Tokyo-based leading trading and investment firm, founded in 1858 with more than 160 years of history. Marubeni manufactures, invests and provides services in many fields such as: Textiles, IT, Metals & Minerals, Energy, Infrastructure projects; Aerospace & Ships; Finance, Real Estate; Construction, Industrial Machinery, etc.
In the energy sector, Marubeni is one of the world's leading corporations with extensive experience in developing, constructing and operating power projects. Marubeni's gross generating capacity globally is 36,534MW, of which Marubeni's net capacity is 11,560MW (as of the end of March 2024);
In Vietnam, Marubeni has participated as EPC contractors for 11 power plant projects including Thai Binh 1 thermal power plant (600MW) and invested on BOT Nghi Son 2 (1,200MW) which has been COD since 2022; O Mon 2 gas power project (1,050 MW) has been granted an investment certificate and is negotiating gas/power purchase contracts with PVN and EVN; Quang Ninh LNG power project (1,500 MW) has been granted an investment certificate and is submitting a feasibility study report for approval by the Ministry of Industry and Trade.
In the field of renewable energy, Marubeni has invested in the development of more than 2,000MW of onshore and offshore wind power in many countries. Marubeni is one of the first offshore wind developers in Japan with projects near Akita Port and Noshiro Port - the first in Japan to be commercially operational from January 2023. In the United Kingdom, Marubeni has invested in two offshore wind projects, Gunfleet Sands (COD in 2010) and Westermost Rough (COD in 2015). In January 2022, Marubeni won a lease for the development of a Scotwind offshore wind project in the east coast of Scotland, which is one of the world's largest project with a capacity of 3,600MW.
