Vietnam green energy gets strong tail wind



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Viet Nam is hoping to boost its renewable energy production, especially wind and solar energy, to more than 10.7 per cent of total generation by 2030, up from the previously planned 6 per cent.

It plans to increase the rate to at least 7 per cent by 2020, up from the previous target of 4.5 per cent.

The country now relies heavily on electricity from coal and hydropower.

Under the 2014-20 National Action Plan on Green Growth, it aims to switch gradually to renewables, including wind power, solar energy, tidal energy, geothermal energy and bio-fuels as a solution to global warming.

Speaking at a wind energy workshop in HCM City yesterday, Pham Trong Thuc, director of the General Directorate of Energy’s renewable energy department, said there are now three wind farms with a combined capacity of just 150MW.

There is huge potential for wind power, he added.

Early last month Viet Nam signed a US$2.2 billion deal with an Irish energy firm to build and operate three more wind farms with a total capacity of 940MW.

They include a $2 billion, 800MW facility in the Cuu Long (Mekong) Delta province of Soc Trang, whose first phase will be completed in 2018.

The other two will be set up in the south-central province of Binh Thuan at a cost of $200 million, with the first phase again completed in 2018.