The enterprise has just signed a cooperation agreement with two Belgian and Danish partners to develop renewable energy projects in Vietnam.

Vietnam has set a goal of reaching 30 gigawatts (GW) to 50GW of offshore wind power generating capacity by 2030 and 21GW by 2045.

A windfarm in Scotland is set to provide the cheapest electricity ever produced by an offshore wind farm by using two recently launched technologies, developer Mainstream Renewable Power said.

The report calls for a permitting process that's friendlier to offshore wind power, establishment of priority zones for offshore wind, more research on offshore wind technologies, and efforts to promote quality jobs, especially in manufacturing, that would result from that industry.