Vietnam’s pipeline of wind projects to be commissioned this year stands at 5.4 GW, according to the national utility EVN.
Along with that will come another 3 GW of solar capacity, residual from last year’s boom, and 3 GW of coal plants, which will together bring the entire national capacity to 80 GW.
Vietnam has a population of 97 million, a GDP per capita comparable to India’s, and is rapidly industrializing.
The past decade saw its power capacity increase by 12.9% per annum on average. For the foreseeable future, pandemics aside, it expects to need an 8% increase in power supply every year, running ahead of 6% GDP growth. It was with this in mind that the government announced …Read More…