A wind farm in Thuận Bắc District of Ninh Thuận Province. Vietnam has made positive progress in the past few years in energy transition. - VNA/VNS
BERLIN (Vietnam News/ANN): Vietnam will soon lead Southeast Asia in renewable energy development, Germany’s Energiezukunft news outlet highlighted in a recent article, describing the country’s energy transition as very impressive.
Vetnam is experiencing a solar boom, with 11.6GW of power of this kind added to the national grid last year, according to the International Renewable Energy Agency.
Only 105MW of solar electricity was installed in the country in 2018, and the figure rose to 5GW only a year later, and even to 16.5GW in 2020, the article said, adding this is a considerable increase compared to other nations at the same time.
Update: May, 03/2021 - 16:28 | A solar power plant in Bình Định Province. Việt Nam is forecast to soon lead Southeast Asia in renewable energy development. VNA/VNS PhotoNguyên Linh BERLIN Việt Nam will soon lead Southeast Asia in renewable energy development, Germany’s
Energiezukunft news outlet highlighted in a recent article, describing the country’s energy transition as very impressive. Việt Nam is experiencing a solar boom, with 11.6GW of power of this kind added to the national grid last year, according to the International Renewable Energy Agency. Only 105MW of solar electricity was installed in the country in 2018, and the figure rose to 5GW only a year later, and even to 16.5GW in 2020, the article said, adding this is a considerable increase compared to other nations at the same time.
Sharp Energy Solutions Corporation 2has successfully installed solar power systems on the rooftops of two plants in Thailand run by MinebeaMitsumi Inc. The. | January 15, 2021
Gunkul Engineering acquires 50MW solar power plant in Thua Thien-Hue for US$39.9 million
28 Dec 2020 |
Nguyen Tuong Thuy
Driven by its rising power demand, Vietnam has become one of the largest and fastest-growing renewable energy markets in Southeast Asia, and Thai companies are acting swiftly to take advantage of the vast opportunities in the country.
Thai energy firm Gunkul Engineering, for example, has acquired the 50-megawatt Phong Dien II solar power plant in the central Vietnamese province of Thua Thien-Hue for US$39.9 million.
The facility started commercial operation on December 15 with a feed-in tariff (FIT) of 7.09 US cents per kilowatt-hour for 20 years.