
Envision Energy secures its largest overseas nearshore wind project, 200 MW in Vietnam, with REE Energy, strengthening its Southeast Asia footprint.
Envision Energy has secured its largest wind project in Vietnam, a 200 MW nearshore development with REE Energy, the Vietnamese renewable energy investor. The Phu Cuong 1A and 1B project is also the Chinese green-tech company's biggest overseas nearshore wind installation to date.
The deal builds on a previous collaboration, the 128 MW Vinh Long wind projects, where the first batch of turbines rolled off the production line in April 2026. Envision is now shipping those units to the site in batches, the company said. The execution on Vinh Long helped lay the groundwork for the larger Phu Cuong award.
Edward Hou, Senior Vice President and President of Asia-Pacific at Envision Energy, said the next phase of wind development will be defined by how well technology matches local resources and long-term system needs. "Through the Phu Cuong Project, Envision aims to show how locally adapted technology, reliable execution and lifecycle services can deliver enduring value," he said. The project is part of Envision's Future Energy System, which combines intelligent renewable generation, energy storage, AI-powered management and digital capabilities.
Nguyen Quang Quyen, Managing Director of REE Energy, said nearshore wind development in Vietnam calls for long-term partnerships built on suitable technology and sustained asset performance. "The progress achieved together on the Vinh Long project has deepened our confidence in Envision as a trusted partner," he said. The Phu Cuong Project represents an opportunity to apply those capabilities at greater scale, he added.
The project strengthens Envision's position in Southeast Asia, where governments are pushing for more wind capacity to meet renewable targets. Vietnam has one of the region's most ambitious wind energy plans, though project execution has been uneven. The 200 MW award signals that developers with proven delivery records can secure larger allocations. It also points to growing competition among Chinese wind turbine makers for overseas nearshore contracts, where margins are often better than in the crowded onshore market at home.
Envision did not disclose the financial terms or a timeline for completion. The Vinh Long project's turbine shipments remain on schedule, the company said.
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