Vietnam is showing promising early signs of emerging as a major solar produce
Electricity consumption capacity in Vietnam recorded an all-time high of 38,800 MW on Tuesday, according to Vietnam Electricity Corporation (EVN).
Vietnam could become a future global leader in offshore wind energy generation, after recent analysis showed the country has vast potential along its 3,000 kilometre coastline.
Renewable energy is a fast-growing sector in Asian countries, broadly, and Vietnam could benefit from investment in the sector.
The Danish Energy Agency is supporting the Vietnamese authorities on efforts to help kick-start the sector
Fast-growing economy needs to diversify away from coal, with gas expected to play a bigger role.
Vietnam may scale back a plan to boost coal’s role in its power generation as financial restrictions and local environmental concerns make it more difficult to build plants.
The World Bank has released a new report with recommendations on how Vietnam can accelerate solar energy production and usage.
Vietnam will generate more electricity from coal and oil this year to compensate for an expected drop in output from hydropower plants because of a lack of rain, the government said on Friday.