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MIL-OSI Asia-Pac: Vietnam among top three leading nations in renewable energy shift in Asia Pacific

Source: Socialist Republic of Vietnam Reporting on the IHS Markit’s Renewable Additions Index, the site energyvoice.com said the renewable power development pipeline has soared across the region. According to the index, Australia leads the index with 89% of capacity under construction being either wind, solar or biomass power, followed by Japan. The third place in the region is taken by Vietnam, which leads emerging markets, as the country promoted feed-in tariffs to attract investment in solar and wind power. The index showed that around a third of the power projects being built – or about 80 gigawatts – are set to generate wind, solar, hydro and other types of renewable power across 16 key regional markets.

Vietnam among top three leading nations in renewable energy shift in Asia Pacific

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