"This is Vestas' seventh intertidal win, demonstrating our ability to develop wind energy solutions for projects close to shore to capture the unblocked wind resources from the sea, and we are excited to support our partners in conquering this space." The order also includes a 10-year Active Output Management 5000 (AOM 5000) service agreement, designed to maximize energy production for the project. With a yield-based availability guarantee, Vestas will provide the customer with long-term business case certainty. The turbine installation is expected to be completed in the third quarter of 2021. According to WorldEnergyReports' recently released Offshore Wind Report, Vietnam's 3,400km of coastline is seen to have good offshore wind potential, with a technical potential for ~309GW of fixed and floating capacity. Government targets do not specifically identify offshore wind projects, but the government has set targets for power from wind (on- and offshore) of 800MW by 2020, 2GW by 2025, and 6GW by 2030.