OWC and PIC Sign Vietnam Renewable Energy Cooperation Agreement
2026-06-11 10:41
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en.Wedoany.com Reported - Global renewable energy consultancy OWC and Pioneer International Consulting (PIC) signed a strategic cooperation agreement at the Asia Pacific Wind Energy Summit in Hanoi, providing comprehensive technical, regulatory, and commercial advisory services for wind energy and other renewable energy projects in Vietnam.

OWC, PIC sign Vietnam pact

Under the agreement, OWC will support clients in developing grid-scale renewable energy projects in both onshore and offshore sectors globally through independent engineering, project development, technical engineering, and asset management services. PIC collaborates with investors and developers to advance clean energy projects, transactions, and strategies in Vietnam and the Greater Mekong region.

The two companies stated that this partnership aims to provide coordinated advisory services throughout the entire project lifecycle, covering stages from early strategy and market entry to development, execution, and operations.

Riccardo Felici, OWC's Asia Pacific Director of Renewable Energy, said that this collaboration brings together the necessary capabilities to help investors, owners, and lenders navigate complexities and advance projects. By combining OWC's experience in emerging markets and technical project lifecycle expertise with PIC's strengths in local regulatory and market insights, a more integrated approach to developing wind and renewable energy projects in Vietnam is achieved, supporting more informed decision-making and helping projects move toward investment readiness and bankability.

Denzel Eades, Managing Director of PIC, noted that the offshore wind and green energy sector in Vietnam has undergone significant changes over the past seven years. PIC has supported early private sector investment and ongoing policy development since 2019, and this experience enables it to help clients navigate regulatory complexities and unlock new opportunities.

OWC and PIC also co-authored the "Vietnam Offshore Wind Investment Guide," developed by the Global Wind Energy Council. The guide, being launched at the 2026 Asia Pacific Wind Energy Summit in Hanoi, provides a roadmap covering regulatory, commercial, and financing considerations for developing offshore wind projects in Vietnam.

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