Singapore-based Enterprize Energy and partner Renewable Energy Global Solutions, together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure and VietSovPetro , MHIVestas Offshore Wind, and DNV GL signed a series of exclusive Agreements forming an alliance for multi-phased, utility-scale wind developments, offshore Southern Vietnam, including feasibility, environmental, development, financing planning through implementation.

Upstream energy firm Enterprize Energy Pte Ltd has launched its first offshore wind farm project in the Taiwan Strait.

On August 2, 2018, Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Tatsuo Yasunaga) completed all necessary procedures to enter into a definitive agreement to acquire a 50% share of Yushan Energy Taiwan Co., from Singapore's Yushan Energy Co., a subsidiary of Enterprize Energy Group. Yushan Energy Taiwan Co. is currently developing an off-shore wind power plant in Taiwan.

Vietnam is expected to have its largest offshore wind power project, which if becoming feasible, will greatly contribute to ensuring the country’s energy security.

The project will require a total investment of $12b.