Vietnam Emerges an Unlikely Solar Champion as Funding for Coal Dwindles
(Bloomberg) Nguyen Tuan was watching the sun shine down on his four-hectare cantaloupe farm in southern Vietnam when he realized it could do more than help his crops grow.
The 46-year-old installed 40 solar panels on greenhouses at his farm 55 miles outside of Ho Chi Minh City. Thanks to generous subsidies from the national utility, he not only cut his power bill but now earns about 2 million dong ($87) a month selling excess electricity to the nation’s grid.
Tuan’s farm is just one tiny part of the extraordinary 100-fold increase in solar power that’s taken place in Vietnam over the last two years. The Southeast Asian nation now ranks seventh in the world in terms of capacity, according to clean energy research group BloombergNEF, and in 2020 the only countries that installed more solar panels were the U.S. and China.
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A coal barge travels down the Kanawha River in Charleston.
This story was originally published by Mountain State Spotlight. For more stories from Mountain State Spotlight, visit www.mountainstatespotlight.org.
In response to pressure from utilities and consumer advocates, West Virginia lawmakers have watered down a bill originally designed to make it difficult if not impossible for utilities to shut down the state’s struggling coal plants.
The bill would have forced the state’s coal plants to continue to “burn” coal at 2019 rates and gave three different state agencies including one created solely for the purpose of promoting the state’s extraction industry veto power over future closures.